We didn't have the video of Wagoner pulling up in the Chevy Volt mule dressed up in the skin of a Chevy Cruze earlier. Now we do. We also have to say, we're pretty happy with how the Cruze looks in motion. Pretty snazzy if you ask us. We'll take ours with a turbo 1.4-liter four-banger rather than the Volt innards and definitely with the "dog-and-pony show" graphics-delete option. Also, we're now told Alan "Boeing! Boeing!" Mulally and Bob "The Builder" Nardelli are seated and Dodd's started flapping his gums. UPDATE: According to CNBC's Phil LeBeau, GM's modifying their request from the gubm'it — they need $4 billion this month and $4 billion in January (from $4 billion in December, $6 billion in March) to stave off the Carpocalypse!
If I were Sen. Dodd, I'd tell Wagoner right off the bat that I thought the Volt was a Rube Goldberg machine and that no way would any reasonable person expect Mr. Average Car Buyer to sign a note for forty grand to drive one. Then I'd sit back and hear Wagoner explain how any 16 year old can fix one, and then I'd fire back with, "then why does it cost forty grand if it's not rocket science?"
No way should the taxpayers be funding R&D efforts deliberately designed to fail miserably. I agree with what Michael Moore said on Countdown last night; the government should just buy the company outright and TELL GM what to make. We can do a lot worse.