Friday, March 02, 2012

GM temporarily halts production of Volt - The Hill's Transportation Report


GM temporarily halts production of Volt - The Hill's Transportation Report

"We did not develop the Chevy Volt to be a political punching bag," General Motors CEO Daniel Akerson testified before Congress in the same January hearing. "We engineered the Volt to be a technological wonder."

Looking more and more like British Leyland. What kind of fools run GM that they didn't thinking taking billions from America's taxpayers was going to make them a bit political. The car's no wonder. It's expensive. If Akerson capped himself at a GS-15's pay, maybe he wouldn't have become a punching bag at least.

Cut our losses, and bail out from under this dog, says this shareholder.

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