Going strictly from memory here--after ten months of sales GM had managed to foist about 3,500 of the junkers off on unsuspecting victims, so in order for GM to have sold 7,671 of them, basically they had to double their sales of the fires-waiting-to-happen in two months.
In order for the sales to have gone this way, after selling about 350 per month for ten months, GM suddenly had to sell around 2,000 per month for two months. Yeah. This is why I am--to put it charitably--skeptical of the sales figure given.
I think GM is probably counting "sent to dealers" as "sold", since what else happens to a car that is delivered to a dealer?
In Clovis, Calif., meanwhile, Brett Hedrick, dealer principal at Hedrick's Chevrolet, sold 10 Volts last year. But in December and January he turned down all six Volts allocated to him under GM's "turn-and-earn" system, which distributes vehicles based on past sales volumes and inventory levels.But if GM sends you six Volts, GM can then claim it sold 7,677 Volts instead of 7,671. You see?
GM's "thinking we need six more Volts is just crazy," Hedrick says. "We've never sold more than two in a month." Hedrick says he usually takes just about every vehicle that GM allocates to him.
Meanwhile, GM execs are still smoking the whackity crackity:
At the Detroit auto show this month, GM executives said they wouldn't chase a previous Volt production target set for 2012 -- 60,000 units, three-quarters of which would be for U.S. sales -- and vowed simply to build as many as customers want.In other words, people are buying so few Volts that they can't even max out present production capacity of it; they still have plans waiting in the wings to increase production of the thing by a factor of six but aren't going to pursue them as ardently as formerly intended...yet "We haven't satisfied demand" and they don't know how much demand there is for the thing?
GM sold 7,671 Volts in the United States in 2011, short of its 10,000-unit target. It launched the car in seven key markets starting in late 2010, but didn't begin a national rollout until this past autumn.
"We haven't satisfied demand," GM North America President Mark Reuss said on the sidelines of the Detroit show. He said GM will be able to gauge Volt demand by sometime in the second quarter.
Dude, it's an econobox with a $45,000 price tag. Granted, once you take out the government's $7,500 tax credit it's "only" $32,000, but the people who have 32 large laying around to waste on an appliance dedicated solely to allowing themselves to feel eco-smug are probably in a vanishingly small minority.
And those people probably let the nanny or housekeeper drive it, rather than drive it themselves.
Chevy Volt: Government Motors' answer to a question nobody asked.
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Concealed carry permit works as intended. A guy with a CCW permit uses his gun to foil the armed robbery of a grocery store.
It was just after 7 p.m. Monday when two men stormed into the Aldi at 76th Street and Villard Avenue. Police said at least one of them was waving a shotgun, despite the presence of two unarmed security guards.Emphasis, again, mine.
Yeah, those unarmed security guards are really effective against someone wielding a shotgun. Ever since we allowed refugees from Krypton to immigrate to the United States, we've seen an incredible drop in the crime rate, and if this armed moron had just relaxed and let the bulletproof super-security guards do their jobs no one would have ended up shot, and--eh?
Oh. Sorry about that! I temporarily forgot that KRYPTON IS FUCKING FICTIONAL AND THERE'S NO SUCH THING AS SUPERMAN. So these unarmed security guards weren't much of a deterrent, were they, Mr. Store Owner?
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Karl Denninger: Hungary reaches the inevitable endgame of socialism. The levels of taxation required to support a socialist economy are politically infeasible in a nation with democratic elections. That is to say, if the politicians can be voted out of office, they can't raise taxes high enough to pay for all the socialist spending without borrowing money...and the growth of spending invariably results in a government in debt to its cowlick.
As previously demonstrated in every case it's been tried, totalitarian control of the country only results in more misery spread over a longer term; it does not avoid the collapse but merely postpones it. And as an exciting bonus, you get the wholesale slaughter of people deemed politically unreliable or inconvenient.
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Well, it's almost 4 and I've gotten around breakfast, which was left over Chinese food from last night.
I've got to start going to bed earlier.