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The Real Money Is In Extension Cords
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The dispute over how much Chevy loses in selling each Volt electric car -- a report claimed it's a $49,000 per car loss, GM says that's wrong -- obscures another important number later in the article, that they've sold 13,000 Volts this year, way, way short of expectations, to the tune of about half. That's a bomb no matter how you try to spin it. Maybe that's why GM can't pay back the bailout it got. (Los Angeles Times)
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