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Former president George H.W. Bush jumps on the Volt bandwagon

The Chevrolet Volt has been battered and bruised over the course of the past six months. The vehicle has weathered an NHTSA investigation into fires, attacks from the members of the media, and production slowdowns. However, General Motors is now touting that the plug-in hybrid had its best sales ever during the month of March.
According to Bloomberg, over 2,000 Volts were sold during the month, surpassing the previous high of 1,529 units in December 2011. GM also claims that it sold over 100,000 vehicles during the month that have an EPA rating of 30 mpg or better. Rather conveniently, GM only cites the highway rating instead of the combined rating to reach that 100,000 figure -- the EPA combined rating takes into account both city and highway fuel economy and is closer to what most drivers will see in the real world.
"GM's strategic investments in four-cylinder and turbocharged engines, advanced transmissions and vehicle electrification have been very well timed," said Mark Reuss, president of GM North America. "Three years ago, about 16 percent of the vehicles GM sold achieved at least 30 mpg on the highway. Today, that number is about 40 percent, and we have more new fuel-economy leaders on the way."

Former President George H.W. Bush bought a new Chevy Volt for his son, Neil Bush
In other Volt news, former Republican President George H.W. Bush bought a Chevrolet Volt. Fox News reports that the former president bought his son, Neil Bush, a Volt for his birthday.
In February, current President Barack Obama promised that he would buy a Chevrolet Volt once he leaves office. "Five years from now when I'm not president anymore, I'll buy one and drive it myself," said President Obama in a speech to members of the United Auto Workers in late February.
The Chevrolet Volt has a base MSRP of $39,145 before a $7,500 tax credit and can travel for up to 36 miles on battery power alone.

Sources: Bloomberg, Fox News, General Motors

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By StormyKnight on 4/3/2012 12:29:07 AM , Rating: 3
Just on price alone, the Volt is a failure. This is not an "Every Man's Car". It is small and not very utilitarian. Return on investment on this car is not rapid in forthcoming. A person would be better off buying a small car like the Cruze Eco for almost half the price and get better fuel economy over all in the long run. <


RE: Price
By PA-Ron on 4/3/2012 7:07:18 AM , Rating: 2
Funny Price,
Drive the Volt correctly and it WILL cost you far less than any other vehicle. Check my blog above. NO car pays for itself. ALL cars are depreciating assets. That is just a fact of life. This car does something remarkable, it drives like a dream and gives you back some money. And the price is now low 30s high 20s with rebates which most Americans routinely spend for cars. Nice try though. Hey learn from Fox News who did a 180 on the car ....

RE: Price
By Jeffk464 on 4/3/2012 8:35:29 AM , Rating: 2
It still has a engine and transmission so the maintenance costs will be higher than a typical car, not lower. Something like the Nissan Leaf should have the lowest operating costs since you are talking zero maintenance and low "fuel" costs.

RE: Price
By StormyKnight on 4/3/2012 9:55:14 AM , Rating: 2
I call shens. Cheapest I've found in a 50 Mile radius from me was $39,995 before the gov't incentive. No rebates available in my area. The only thing I see is 0% financing. Show me where I can get a brand new Volt in the $20K range.

RE: Price
By Cheesew1z69 on 4/3/2012 11:23:17 AM , Rating: 3
You can't...

RE: Price
By Jeffk464 on 4/3/2012 8:32:01 AM , Rating: 2
Yup, I can get a much cooler 28mpg bmw 3 series for the same price.

RE: Price
By Jeffk464 on 4/3/2012 8:40:30 AM , Rating: 2
By the way operating a high mileage car today like the bmw 3 series costs the same in fuel as what people were paying in their SUV's 10 years ago.

16mpg at $2+
28mpg at $3.50-$4.00

Its pretty much a toss up

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