Questions remain about last month's Chevy Volt sales and GM's
decision to cut production on multiple vehicles to reduce
inventory, but one critic of the GM bailout thinks he may have an
Around the same time
November sales of the Chevy Volt were down 50 percent from the
previous two months, GM announced it has a bigger stock of trucks
and cars than last year. Seton Motley, president of Less
Government, wonders how that could have happened.
"How do they make a company-wide mistake of that magnitude that
they basically have to shut down production just after the
election," he asks.
He goes on to present one explanation.
"One does not have to be a conspiracy theorist to analyze this
and say, 'Perhaps, just perhaps, General Motors was acting in
Government Motors capacity to aid and abet the reelection of Barack
Obama,'" the critic submits.
Bumper stickers celebrating the continued existence of GM were
spotted throughout this year's Democratic National Convention, and
the auto bailout was a topic in the debates.
Regardless, GM reps have been quoted as blaming the November
sales dip for the Volt on sparse inventory in California, where
one-third of Volts are sold. Still, Motley tends to doubt any Volt
"They count leases as sales, and they count leases as low as
$159 a month on an $89,000 vehicle," he explains. "That's how much
it costs GM to make the car. They only sell it for $40,000."
The year 2012 was a busy year, but some of the biggest news was
in regards to business and the environment.