GM Loses Money On Every Volt Built... and always will

"Doug Parks, vehicle line executive for the 2011 Chevrolet Volt, GM's range-extended electric vehicle, confirmed Tuesday that the company loses money on every Volt it sells. The expensive 16-kilowatt-hour battery pack, which likely costs GM somewhere between $8,000 and $12,000, is clearly too expensive to let the company build hundreds of thousands of Volts right away. Just 10,000 Volts will be built in 2011, though GM is working to increase that number...

When somethings is subsidize by definition it is not sustainable...

P.S. Nissan and Ford will PROFIT on their all electric cars.

More VOLT FAIL

• VOLT mpg rang erred by about 500%???
• VOLTS final fail "easier on the environment, but only if you don't mind paying a premium and drive fewer than 40 miles per day." 
• More G.M. VOLT dreams and hype from Bob Lutz 
• GM Volt FAIL - Will be made in China
• The demise of GM VOLT  
• White House Report: GM Volt is Not Ready for Prime Time
• What killed the VOLT's and Tesla?
• Not Yours! - 44mpg overall minivan made by GM.
• YEP... Another GM 60 MPG Vehicle We Don't Have...
• G.M. destine to fail over and over again
• While Detroit fails as VW Wins "Green Car of the Year"
• Why GM is failing... a tragic comedy