Money-losing Chevy Volt?

The headline is "Money-losing Chevy Volt will stay alive even if it can't 'pay the rent.'"  This from the autobloggreen web site.  The article, short and not so sweet, tells us that even the second generation Chevy Volt might be a money loser.  The second paragraph reads:

No one at GM ever said that the first-gen Volts would make money, but Troy Clarke, president of GM's North American operations, recently told Automotive News (subs req'd) that the second-generation vehicles might also be a red entry on the books.  Of course, "as we get a chance to change the generations of technology, we'll lose less and less," he said, adding that, "It's not our intention to lose money forever." Well, that's something.

As a taxpayer I find that a relief.

But, even so, this is depressing on too many levels.

Regards  —  Cliff