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
