Pentagon to Buy 1,500 Chevy Volts

by Brian Koenig

General Motors, the financially-strained U.S. automaker that absorbed billions of taxpayer dollars through the auto bailout, has secured a new deep-pocketed customer for its purportedly failed electric Chevy Volt: the Pentagon. The Department of Defense is seeking to make the federal government’s military operation more “environmentally-friendly” by reducing its use of fossil fuels with a conversion to electric vehicles.

The DOD plans to purchase 1,500 models of the Volt, which has been burdened with lethargic sales and mounting losses since the automaker launched it in 2010. The Marine Corps Air Station in Miramar, California bought two of the “green” vehicles in July, and another 18 more will soon be shipped to Joint Base Andrews in Maryland, where Air Force One is lodged.

Full Article »

SHARE:

Email This

Latest Economy
- Tobacco Speakeasy: Prohibition Lite Is Making RYO Cigarettes All the Rage
- "Taxation is legalized form of robbery"
- The Crackdown On Alternative Currencies: Liberty Reserve Shut Down As Founder Arrested
- NYC Says Renting Out Your Place Via Airbnb Is Running An Illegal Hotel
- Should Bitcoin Be Regulated Like Dollars?
- How to Not Attack Capitalism
- How Protectionism Hurts Hawaii: Why It's Time to Repeal the Jones Act
- If It Moves, Tax It

No Comments Posted

Add Comment

Add Comment

Name

Comment

* No HTML

Verification *

Please Enter the Verification Code Seen Below

PLEASE NOTE

Please see our About Page, our Disclaimer, and our Comments Policy.

FAIR USE NOTICE

This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the Digital Millennium Copyright Act (found at the U.S. Copyright Office) and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy