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$49,000 Loss Every Time GM's Volt is Sold

Now that is what I call a good business deal for the American tax payer.

The Obama administration, which engineered a $50-billion taxpayer rescue of GM from bankruptcy in 2009, and has provided more than $5 billion in subsidies for green-car development, praised the Volt as an example of the country's commitment to building more fuel-efficient cars.

 Check out this article for the details:

Insight: GM's Volt - The ugly math of low sales, high costs

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