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March 18, 2014 07:51 am GMT

It's Not Just Tesla: Why Dealers Are Wary of Electric Cars

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For a guy who is supposed to be selling electric cars, Mike Kelly isn't a big fan.

Kelly, a car dealer in Erie, Pa., who also happens to represent his district in Congress, said in a 2011 hearing on fuel efficiency ratings that he fired a guy at his Chevy dealership who ordered the electric Volt. Kelly claimed the Volt sells poorly and is overpriced

"When you look at this, it makes absolutely no sense," Kelly said during hearings on government fuel economy ratings last year. "I can stock a Chevy Cruze, which is about a $17,500 car and turns every 30 to 40 days out of inventory … or I can have a [$45,763] Volt, which never turns and creates nothing for me on the lot except interest costs." Read more...

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Original Link: http://feeds.mashable.com/~r/Mashable/~3/TM7BX_6knT8/

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