In 2011, the Volt barely reached 75 percent of projected sales. GM had planned to expand production to 60,000 vehicles in 2012 but so far has only sold a little over 1,500.
This bailout and jobs program thinly veiled as some sort of automotive breakthrough has been incredibly expensive. The base model Volt is listed with and MSRP of $31,645 however when considering state and federal government subsidies the cost per vehicle dwarfs the MSRP. With $2.3 billion coming from the federal government alone, total subsidies are well over $3 billion for the program. This makes the cost of each Volt sold well over $200,000 – Patrick Hedger of Freedomworks
Like throwing money in to a furnace.