The Casone Exchange
  • April 23, 2009 10:17 AM EDT by Cheryl Casone

    The Chevy Volt

    I just received a note from a viewer about our interview with a General Motors director on Tuesday. Tony Posawitz is the Vehicle Line Director for the Chevy Volt. We found it worth booking him because he was one of the brains behind the Cadillac Escalade, and we were curious to see if he could strike lightning twice with the Volt.
    Listen to the interview, because as a viewer pointed out, he doesn't answer one question, and actually delivers worse news when it comes to how far the car will go.
    CC

Jimmy Stone

He might can afford the vehicle, but I can't. $40000 dollars? who has the money to pay it up front? Are we rich, I think not!

April 28, 2009 at 10:19 am

Dennis

Cheryl Cassone I just found out that the uaw retiree health benefit from Ford and GM after age 65 not only get medicare but also get full health insurance paid by the company , they don't need full insurance all the need is a supplument no wonder veba is so expensive

April 28, 2009 at 8:41 am

Matthew

Your statements claiming baloney like "not answering one qeustion" and offering reduced range speak to your agenda against GM. The design was always about a 40 mile range, not the 80 your faux newspeople asked about. I heard many answers from GM in this interview, as well.

April 27, 2009 at 8:54 am

Don Steele

That $40,000 Volt with the $9,000 battery replacement cost is a car of the future, the distant future. No manufacture has even sold the much less expensive hybrids profitably and won't until they make economic sense to consumers. Our auto manufacturers don't need to develop a new economical product for today as they already have it, the 4 cylinder gasoline engine. Their problem is that they haven't been able to sell that in volume either. Our government can solve that problem with strokes of a pen, and the media could help gain public acceptance if they went out and found out exactly what type of vehicles we have today equipped with 4 cylinder gasoline engines, what size vehicle are they, how do they perform, and how does one enjoy driving one. People would find that they're very enjoyable and that often the larger engines offered with those vehicles only gave bragging rights while not giving any better performance. Automakers spent years enticing us with more horsepower and it's time to reeducate us to the facts that we can no longer afford to waste fuel and our money, and to the facts that we can actually enjoy driving fuel efficient vehicles.

April 25, 2009 at 8:25 am

6ftrabbit

Here's the problem with these electric cars. They require far too much advance planning from the driver. Unplanned events can easily lead to running out of juice, and then what? Can't walk to the nearest station with a gas can. Mile long extension cords don't work. You're only option is to call a wrecker and get towed, and that is real expensive. These things are a feel good joke.

April 24, 2009 at 10:20 am

Gerrett

I've been following the volt since 2007 and NEVER has GM said it would run 80 miles on all electric. Just because the interviewer doesn't know the facts you shouldn't make the headline seem like GM is lower the expected miles per charge. This car is the best hope at getting America energy independent without driving a golf cart and while still being able to drive an unlimited number of miles do to the gas backup range extender.

April 24, 2009 at 6:10 am

William

Tony did answer all your questions? Said the Volt will be out Nov 2010, will go 40 miles on electric only with gas powered extended range, will cost 50 cents to charge up overnight from regular outlet, $7500 tax credit and annual fuel savings with a battery that will last 10 years! All in a no compromise car. You think 30 (ish) grand for a sedan it too much?

April 24, 2009 at 5:41 am

LT

It only took RUF about a year to develop this, the Volt doesnt even come close. http://www.autoblog.com/2008/10/10/rufs-electric-porsche-breaks-cover/

April 23, 2009 at 2:27 pm

Corey in GA

He keeps talking about the range, and he doesn't talk about the fact that it will go just fine and with great mileage when you exceed the 40 mile electric range. This car is Obama's ideal car. It goes far beyond all others in "green-ness" and will require extensive govt assistance to be viable.

April 23, 2009 at 12:36 pm

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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