Drumroll, please!
Yay! The Chevy Volt!
Yessss!
The bland little car that looks like every other forgettable little car in the parking lot, each costs $230,000 of taxpayer subsidies, and gives new meaning to burning rubber when it catches on fire.
Only Netflix’s Qwikster, and A&F’s push-up bra for little girls could top that, but, for my taxpayer bang-for-the-$230,000-bucks, the Volt is #1.
Government Motors: Wasting your money in the most hazardous way.
UPDATE
I left one out,
Obama gets two ‘awards’ for worst product failures of 2011
Obama’s second flop took sixth place.
The booby prize want to the Fiat 500 auto, which administration officials touted when they arranged for Fiat to buy the ailing Chrysler company.
“The car was expected to be a big seller, rivaling BMW’s Mini… [and] Fiat expected to sell 50,000 500s during 2011 in North America,” according to the Yahoo! Finance Top 7 list. However, “Fiat sold fewer than 12,000 [and] sales were so poor that Chrysler Group, which manages the Fiat brand in the United States, ousted U.S. chief Laura Soave this past November,” noted Yahoo.
UPDATE 2:
ALL VOLTS RECALLED!
Chevy Volts Called Back By GM For Battery Fixes
GM is making the repairs after three Volt batteries caught fire following crash tests done by federal safety regulators.
Fire hazard.
