The automotive press thrilled this week over June sales numbers that showed Chevy Volt sales tripling to 1,760 units sold. Not bad for Obama’s Car of the Future . . . until you look at the sales numbers for other Chevy vehicles.
For example, the giant, gas-guzzling Chevy Suburban—the planet-destroying, SUV dinosaur thought extinct in the enlightened age of Obama and $4 gas—sold 5,136 units, a 53 percent increase over June 2011.
That is, GM sold three times as many Suburbans as Volts without the federal government having to throw in a $7,500 tax credit to buy one. Nor did California have to offer emissions-based state rebates or extend carpool-lane privileges to Suburban owners—both big factors in Volt sales increases in California.
And good news for American taxpayers who own GM stock: The Suburban makes an estimated $5,000-plus per sale. The Volt? Nada.