Chevy Volt. Courtesy: General Motors and U.S. Taxpayers.
General Motors may not be making a lot of money right now, but they are making headlines. The Detroit Auto Show is in the throes of "press days" and today's announcements about the Chevy Volt (due to arrive late next year) are fascinating.
Lest we get positively positive about electric cars one GM exec today pointed out that sales of small cars have disintegrated now that gasoline prices are half what they were last summer. We fickle consumers! We may yet see Detroit auto-makers asking the federal government to give tax credits to consumers who buy little cars.