ANOTHER STATEMENT HITS ITS EXPIRATION DATE: Obama Chickens Out, Says A Million EVs By 2015 Not Important.

DOE backpedales furiously from a goal set out in a 2011 State of the Union speech, where President Barack Obama announced what he called “Apollo projects of our times.”

Of course his backers got richer, which was the point in the first place. The rest is eyewash for the rubes who believed it.

Chevy Dealers Turn Down Volt

Why would you tie up any of your precious inventory dollars in a car that doesn't sell and will catch fire?

DETROIT -- Some Chevrolet dealers are turning down Volts that General Motors wants to ship to them, a potential stumbling block as GM looks to accelerate sales of the plug-in hybrid.

For example, consider the New York City market. Last month, GM allocated 104 Volts to 14 dealerships in the area, according to a person familiar with the matter.

Dealers took just 31 of them, the lowest take rate for any Chevy model in that market last month. That group of dealers ordered more than 90 percent of the other vehicles they were eligible to take, the source said.

In Clovis, Calif., meanwhile, Brett Hedrick, dealer principal at Hedrick's Chevrolet, sold 10 Volts last year. But in December and January he turned down all six Volts allocated to him under GM's "turn-and-earn" system, which distributes vehicles based on past sales volumes and inventory levels.