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Chevy Volt Deathwatch - DOE puts funds on hold

Submitted by Danny on April 13, 2009 - 12:36pm.Share

The Chevy Volt Deathwatch continues... today we've found out via Automotive News that the Department of Energy has put a hold on the $10.3 billion in taxpayer money I told you about a couple of weeks ago that GM requested in order to finish the Volt and its underlying technology.  The money is being held up due to GM's inability to pass a "financial viability test in order to simply survive."

And so the Chevy Volt Deathwatch continues...

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