GM’s CEO says that the average Volt buyer earns $170,000 per year (and many are switching from BMW). And that many of those who are buying the Volt (and getting the tax subsidy) already own a Prius–so many are just switching from one alternative fuel vehicle to another.
Now all we need is a “cash for clunkers” for old Priuses and we’ll have a trifecta of goofy auto policies.