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WOW: GM Loses $50K on Every Volt Produced

 WOW: GM Loses $50K on Every Volt Produced

Despite selling a record number of Chevy Volts in August, General Motors is losing money on its plug-in electric hybrid, and a lot of money at that. Industry analysts estimate GM is losing as much as $49,000 on every Volt it produces.  This number could be even higher with cheap leases now being offered for [...]

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WTF? 75% of Solar Companies to Go Bankrupt

bankruptcy sign wide WTF? 75% of Solar Companies to Go Bankrupt

Solarbuzz which is one of the solar industry’s leading research agencies has come out with some predictions on the Solar Industry for the next 5 years. Note forecasts by analysts and agencies are notoriously wrong in the context of the solar industry which has been seen time and again. In fact, a lot of the [...]