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Excerpt from "The Street":
"October ought to have been a bad month for Volt. Gas prices were falling. Auto industry wisdom had it that with so many conventional cars closing in on 40 miles per gallon, why would anyone spend $30,000 for a compact? Also, the last month of the presidential campaign reinvigorated advocates of the political construct that anything government does -- particularly saving GM (GM) -- is bad. Nevertheless, Volt had its best month ever in October, selling 2,961 units. This broke the record ..." <read more...>
"October ought to have been a bad month for Volt. Gas prices were falling. Auto industry wisdom had it that with so many conventional cars closing in on 40 miles per gallon, why would anyone spend $30,000 for a compact? Also, the last month of the presidential campaign reinvigorated advocates of the political construct that anything government does -- particularly saving GM (GM) -- is bad. Nevertheless, Volt had its best month ever in October, selling 2,961 units. This broke the record ..." <read more...>