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→Sales: Obama has always picked losers
==Sales==
==Sales==
Volt sales started slow with only 326 sold in 2010. 2011 saw a modest increase in monthly sales with a yearly total of 7671. A rapid increase happened in 2012 with 23,461 sold though 2013 sales have leveled off at 23,094.<ref>http://www.hybridcars.com/gm-sells-50000th-chevy-volt-in-october/</ref><ref>http://cleantechnica.com/2014/01/05/chevy-volt-sales-inch-nissan-leaf-sales-2013/</ref> Sales were strongest in California, approximately 50% of all sales.<ref>http://www.greencarreports.com/news/1082121_predicting-chevy-volt-sales-is-california-inventory-the-key</ref>
{{cquote|The Volt has sold a mere 58,158 units since it first went on sale just over three years ago. Despite price cuts, cash-back deals, and heavy promotion from President Obama and environmentalists, sales have been anemic.}} <ref>[http://www.breitbart.com/Big-Government/2014/04/09/GM-Has-Sold-Only-58000-Chevy-Volts-in-Three-Years GM HAS SOLD ONLY 58,000 CHEVY VOLTS IN THREE YEARS, Brietbart.com, April 9, 2014]</ref>
Volt sales started slow with only 326 sold in 2010. 2011 saw a modest increase in monthly sales with a yearly total of 7671. An increase happened in 2012 with 23,461 sold though 2013 sales have leveled off at 23,094.<ref>http://www.hybridcars.com/gm-sells-50000th-chevy-volt-in-october/</ref><ref>http://cleantechnica.com/2014/01/05/chevy-volt-sales-inch-nissan-leaf-sales-2013/</ref> Sales were strongest in California, approximately 50% of all sales.<ref>http://www.greencarreports.com/news/1082121_predicting-chevy-volt-sales-is-california-inventory-the-key</ref>
Given the weak sales, GM may never recoup the car's $1.2 billion development costs,<ref>"[http://www.breitbart.com/Big-Government/2012/09/10/Insight--GMs-Volt---The-ugly-math-of-low-sales--high-costs GM's losses up to $49,000 on each Volt]", Reuters, 10 Sep 2012.</ref> a claim GM vehemently denies.<ref>http://news.yahoo.com/blogs/motoramic/gm-fights-report-chevy-volts-rolling-away-49-173205445.html</ref>
Given the weak sales, GM may never recoup the car's $1.2 billion development costs,<ref>"[http://www.breitbart.com/Big-Government/2012/09/10/Insight--GMs-Volt---The-ugly-math-of-low-sales--high-costs GM's losses up to $49,000 on each Volt]", Reuters, 10 Sep 2012.</ref> a claim GM vehemently denies.<ref>http://news.yahoo.com/blogs/motoramic/gm-fights-report-chevy-volts-rolling-away-49-173205445.html</ref>