The government took over GM because they could and to bail out the unions. Their treatment of the bondholders was shameless at best and criminal at worst. I'll go back to what I said earlier- my concern is that this may stifle the flow of R&D monies for better fuel alternatives for expedient politics for a sitting President in a dog fight for his office.
The electric car has been around since 1890, maybe earlier. I note that GM shut down production of the Volt for at least a month, so they can focus on building a car that actually sells.
YAY! My favorite time of the day. PROVE! THE TROLL! WRONG! http://money.cnn.com/2012/08/30/autos/volt-sales/
Did you actually read the article? 2500 cars sold is very, very weak, and apparently many are being leased, but when the baseline is >1k/month, any increase is going to yield a large percentage. As a comparison, Ford sold over 23k Fusions in July 2012, and over 11k of the gas-guzzling Explorer. These are real numbers, not what GM's head "expects". http://media.ford.com/article_display.cfm?article_id=36838 Yeah, but the Volt is a smashing success. Congrats on proving the "TROLL" wrong, though. I bet it felt fantastic.
For comparison's sake, the Toyota Prius, a car that people actually like, sold over 16.5k units in July 2012.
Congratulations on disproving your own point. See how easy it is to pull a barfo? (though I'm not totally wrong like you)