How viable is the Chevy Volt?

The Vice Chairman at his best

Last night Melissa Lee of Fast Money asked Bob Lutz how many units of the Chevy Volt GM expected to sell. Instead of answering, Lutz switched the conversation to how much better the Volt is than the competition. Fine. Maybe it is on a technological level.

Lee then followed up by asking when consumers can expect to reap the benefits of the Volt. After a $7500 tax credit, Lutz claimed at $32,500 the Volt wasn't too much more expensive than Toyota Prius. Still, he never explained how long it would take the Volt to recover its additional expense compared to a Prius or a similarly sized conventional vehicle.

Finish: How viable is the Chevy Volt?