The Chrysler Peapod has come to the end of the road
Chrysler, part of the Obama Motors cabal, says its electric cars are dead. Not the batteries, the whole damn program. A huge pile of your tax dollars were at its bedside when it died.
Fox News reports Detroit’s latest tale of woe:
Chrysler has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid.
The move by Fiat SpA marks a major reversal for Chrysler, which had used its electric car program as part of the case for a $12.5 billion federal aid package.
As late as August, Chrysler took $70 million in grants from the U.S. Department of Energy to develop a test fleet of 220 hybrid pickup trucks and minivans, vehicles now scrapped in the sweeping turnaround plan for Chrysler announced this week by Fiat CEO Sergio Marchionne.
So Chrysler used the electric car scam to get a $12.5 billion bailout and then took another $70 million in grants and now they’re closing down the program less than 90 days later?
Bait and switch from a car dealer. Who ever would have expected that?
Source: Fox News
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{ 3 comments… read them below or add one }
Nice. But no place for my clubs and glass window on a golf carts on a golf course really isn’t safe.
Probably because all that money is already gone, given to union members both employed and not, and retired, and all their kingly bennies, and probably their brothers, uncles, and friends, and as payments to build resorts and golf courses, and to line the pockets of both the greedy, inept Executives (and their brothers, uncles, and friends), and the pockets of the greedy, bridge-burning, job-destroying Union Bosses (and their brothers, uncles, and friends), not to mention kickbacks to a couple (hundred) middleman, greedy, colluding Democrat lawmakers in State Houses and the beloved, all-taking fed (and their brothers, uncles, and friends).
And I’m sure ACORN got a piece of that, through their usual shakedown M.O.
When Democrats spend your money, they spend it FAST. And they laugh and fete and dance as they spend your money, laughing because they stole it right out from under your nose, and they know you can’t stop them.
What a skinmobile!