General Motors expected to sell 10,000 Chevy Volts in 2011. They failed to hit that target, actually selling fewer than 7,000 of the electric and gas powered vehicles.
In GM’s 2012 sales projections for the Volt, the company was initially claiming they would deliver 60,000 cars. That number has been dropped down to 45,000. Those downsized, but still aggressive, projections will be helped by General Electric’s decision to order 12,000 Volts and some other hybrid for its company fleet.
GE, a company headed by Obama Jobs Czar Jeffry Immelt, is also well known for its questionable federal income tax rate in 2010. And now GE is reportedly “nudging” a substantial number of employees to drive the Chevy Volt by replacing the company cars in its fleet with the “green” cars. The company is also paying for the installation of charging stations at the homes of those employees who will be driving the car and is even paying for the electricity used to charge them.
If you choose not to drive a Volt from the company’s fleet, and instead want to drive your own, GE is no longer going to reimburse your travel costs.
From the memo allegedly sent to GEHA employees (via Greencarreports.com):
To encourage EV deployment, if an employee is eligible for a fleet vehicle, a fleet vehicle will be made available. If a new driver opts out of the fleet program and elects to drive a personal vehicle, there will be no reimbursement. For current employees who qualify for a fleet vehicle, but have chosen to drive a personal vehicle, reimbursement by GEHC will stop as of 1/1/2013.
That qualifies as a “nudge.”
GM is also raising eyebrows over the news that the company will be double-dipping from federal stimulus programs meant to encourage consumers to buy electric vehicles.
It appears that Chevy dealerships selling the Volt to government agencies and non-profits will also be able to claim the $7500 tax credit meant for individual consumers:
“If you are the seller of a qualified plug-in electric drive motor vehicle to a tax-exempt organization, governmental unit, or a foreign person or entity, and the use of that vehicle is described in section 50(b)(3) or (4), you can claim the credit, but only if you clearly disclose in writing to the purchaser the amount of the tentative credit allowable for the vehicle (from line 6 of Form 8936).”
(H/T: Marc Modica at NLPC.org)