Obama better buy his Volt now … right now!

On a campaign stop a couple of years ago, after a photo op sitting in a Volt, President Obama told a crowd of United Auto Workers:

“It was nice. I bet it drives real good,” he said. “And five years from now, when I’m not president anymore, I’ll buy one and drive it myself.

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Well, since GM has announced that it is killing the Volt, Obama might want to place his order pronto … and, demand a clearance price discount.

All of this should come as no surprise to anybody.

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Back in 2012, we reported  that despite advertising galore, Chevy was selling less than 1,000 per month — and GM had periodically idled production of the battery-powered car … waiting for much hyped surge in sales.

Former GM Vice Chairman Bob Lutz the main force behind the Volt, argued that GM’s lofty targets for the Volt are its main problem.

“The Volt is a bases-loaded home run,” Mr. Lutz said. “It will overcome.”

Another GM spokesperson says:

“This technology is here to stay, we have all kinds of people who want to copy it and go after it. We are not re-evaluating anything … The only question here is what the rate of sales will be.”

In other words, great dog food …. it’s just that the dogs aren’t eating it.

R.I.P. Volt … and all of the taxpayer money that went down the drain

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Thanks to SMH for feeding the original lead

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