John Ransom

If there was any doubt from skeptics about the complicity of the Obama administration in creating and directing the “new” General Motors –a.k.a Government Motors- the latest ballyhoo regarding sales figures and the Chevy Volt should convince even the doubters.

GM: Aug. Volt sales best yet says the Detroit News.

GM Expects Volt Sales to Set Monthly Record says the normally sane Wall Street Journal.

Chevy Volt broke monthly sales record in August reports the Associated Press.

But like a lot of claims coming from Obama or one his corporate surrogates, the Volt sales numbers surely aren’t signs of success, but rather just the opposite. And if the doublespeak doesn’t point to government involvement in the development, sale and ultimate failure of the Volt, it certainly betrays a government mentality that believes that perception matters more than results.

And the difference between Obama’s perception and the actual results in our economy is the chasm where all of our jobs have gone. 

Because General Motors has sold only half the number of Volts that they said they would this year, and the company is idling the Volt production line to retool it for a car that’s actually selling: the Chevy Impala.



Investors aren’t fooled, even if some journalists and a few metroed, urban hipsters are.

From MarketWatch:

GM has suspended production of the all-electric car for a month so they can retool the plant to make more Chevy Impalas. Read more about the Volt’s production issues.


John Ransom

John Ransom is the Finance Editor for Townhall Finance.
TOWNHALL FINANCE DAILY

Get the best of Townhall Finance Daily delivered straight to your inbox

Follow Townhall Finance!