Tuesday, November 24, 2009


REUTERS--Just in time for the busy Thanksgiving drive to your in-laws, Chrysler announces that it is scrapping plans to fast-track electric cars to market.

While that may not be alarming, it is surprising that it occurred just months after Chrysler took $70 million in grants from the U.S. Department of Energy to develop a test fleet of 220 hybrid pickup trucks and minivans.

That’s “million” with an “m.”

It also comes a year after Chrysler cited its devotion to electric cars as one of the reasons why the Obama administration and Congress needed to give $12.5 billion of taxpayer bailout money to the company.

That’s “billion” with a “b.”

WB7--That's "up yours" America, with a "u."

1 comment:

  1. Bob Nardelli seems to fail upwards. Look at what great shape he left Home Depot...oh, I meant with how much money he left Home Depot.