Volt Birth Watch 52: Wagoner's $30k Promise an "Unfortunate Misunderstanding"
The Volt cheerleaders at GM-Volt.com have given The General a chance to explain away the controversy over CEO Rick Wagoner's $30k price pledge on their new plug-in gas electric hybrid Volt. And the spinmeisters have grabbed it with both hands. "I now have official confirmation [from] GM spokesperson David Darovitz that 'there was an unfortunate misunderstanding that resulted in inaccurate information published,'" Dr. Lyle Dennis faithfully reports. "He also went on to say 'we are not in the position to speculate on the retail pricing of the Chevrolet Volt.'" Not after that debacle, you're not. Anyway, Dr. D. provides a helpful update on GM's efforts to use your tax dollars to help the Volt compete with the Toyota Prius. "Last week a new bill called HR 6049 was passed again by the house, allowing $5000 in plug-in tax credits for a car like the Volt with a 16 kwh battery. It allows $3000 as a base plus $200 per kwh over 5 kwh up to a maximum of an additional $2000. It may soon go before the Senate." Although volt.com's blog post on this misunderstanding displays a roll call of Senators who championed/shot down the last attempt at same, so that Volt supporters may lobby on behalf of a Volt subsidy, members of TTAC's B&B who wish to email their senators to oppose this legislation might find the list equally helpful. That said, Dr. Dennis didn't link the list to the Senators' email. Oops!
Golden2husky on May 27, 2008
We shouldn't complain about some type of subsidy for new technology like this. We have been subsidizing gas guzzlers for years by allowing 1 year depreciation for big trucks. So, a 2 or 3K tax write off for the Volt (if it ever sees the light of day)seems fair in my opinion.
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