The short-term boost that may have been generated by pumping money into GM, combined with the "cash-for-clunkers" stimulus of last year, may be translating into a short-term profit (and a very thin one at that). However, once the Volt comes out, you will see losses. It is too expensive for what it does, and reducing the cost is not an option because it has a high production cost. If the government were to support GM in a long-term fashion, the Volt MIGHT be able to come down in price due to streamlining the process, but not fast enough to compete with Japanese hybrids and electrics.