The Problem with the Chevy Volt in One Paragraph
“The oversupply of Volts suggests that consumer demand is just not that strong for these vehicles,” says Lacey Plache, Edmunds chief economist. Plache notes that high price is a drawback. “The price premium on the Volt just doesn’t make economic sense for the average consumer when there are so many fuel-efficient gasoline cars available, typically for thousands of dollars less.”
It’s the economics of the car, stupid. Yes Secretary Chu and Team Obama: I mean you.