There will probably come a time in the future when we are not driving cars with internal combustion engines. I don’t know when that time will come, but I know it will come when an alternatively-fueled car becomes practical and economical. We are not actually there yet.
On Friday the Washington Examiner posted an article stating that General Motors is temporarily laying off 1300 employees due to lack of sales of the Chevy Volt.
The article reports:
The car company had hoped to sell 45,000 Chevy Volts in America this year, according to the Detroit News, but has only sold about 1,626 over the first two months of 2012.
“GM blamed the lack of sales in January on “exaggerated” media reports and the federal government’s investigation into Volt batteries catching fire, which officially began in November and ended Jan. 21,” the Ann Arbor (Mich.) News reported.
Under President Obama’s proposed budget for next year, the government subsidy for people who purchase a Chevy Volt will be raised to $10,000. I am not sure that will pass or will help if it is passed. I suspect the only way to sell them is to drop the price to about $20,000, which is about what average people actually pay for a car. Meanwhile, I wish the auto bailout money had stayed in the taxpayers’ pockets.