GM is still losing as much as $49,000 on each Volt it builds. Don’t worry, they’ll make it up on volume. “…the Volt is over-engineered and over-priced,’ said Dennis Virag, president of the Automotive Consulting Group.” In other words, the damn thing costs too much and does too little, just like everything else championed by it’s biggest booster, President Empty Chair.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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