Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

GM losing as much as $49,000 per Volt sold
NBC News ^ | September 10, 2012

Posted on 09/10/2012 7:18:40 PM PDT by presidio9

Edited on 09/10/2012 7:23:15 PM PDT by Admin Moderator. [history]

General Motors sold a record number of Chevrolet Volt sedans in August — but that probably isn't a good thing for the automaker's bottom line.

Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.


TOPICS: Business/Economy; Front Page News; Government
KEYWORDS: caw; chevy; chevyvolt; electriccarsburncoal; gm; governmentmotors; govtmotors; makingitupbyvolume; msmwillburythis; tobigtofail; tradeunionwelfare; uaw
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-99 next last
To: presidio9; al baby

LOL! Okay - yes, it did. Didn’t get the tone from the text. :-)


21 posted on 09/10/2012 7:34:34 PM PDT by Republican Wildcat
[ Post Reply | Private Reply | To 16 | View Replies]

To: presidio9

They lose a little on every sale but make it up on volume.


22 posted on 09/10/2012 7:34:46 PM PDT by stevem
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet; All

So you are saying that our President, of whatever party, should not get maximum protection from terrorists. That kind of “patriotism” is not what my son is fighting in Afghanistan to protect.


23 posted on 09/10/2012 7:36:13 PM PDT by gleeaikin
[ Post Reply | Private Reply | To 14 | View Replies]

To: presidio9
GM or the US Taxpayers???
24 posted on 09/10/2012 7:37:03 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: presidio9

I know of no person, not currently institutionalized in a mental facility, that ever thought that Government Motors would make a profit on the Volt. I don’t think even Government Motors thought they could make a profit, it was produced only to satisfy the demands of the “anointed ones”.


25 posted on 09/10/2012 7:37:24 PM PDT by RetiredTexasVet (Skittle pooping unicorns are more common than progressives with honor & integrity.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Slings and Arrows

Please tell me you can photoshop the Dukakis tank helmet on this picture of Barry in a shiny new Volt.

26 posted on 09/10/2012 7:37:24 PM PDT by presidio9 (Islam is as Islam does.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: al baby
...they are making it up by volume...

Yep. They're losing $49K on one car, but multiply that by 100,000 and you get...PROFIT!

27 posted on 09/10/2012 7:37:39 PM PDT by Billthedrill
[ Post Reply | Private Reply | To 9 | View Replies]

To: presidio9

Taxpayers losing $49,000 on every Volt sold/leased


28 posted on 09/10/2012 7:39:00 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Republican Wildcat; al baby

They are losing money big time
= = = = = = = = = = = = = =
I certainly hope he (al baby) ‘forgot’ the s/s/ sign.

Like Catch 22 and the eggs.

The ‘syndicate’ was buying eggs for say .04 each, selling them back to the Army for .03 and was making money because they had the monopoly.

And don’t forger nazipelosi saying that for every dollar of welfare/unemployment etc, they had a return of 1.70 or something like that... (hard to keep all this crazy shiite straight)...<:

J. Heller, like Ayn Rand, Chester Gould, Jules Verne etal were years ahead of themselves and their times.


29 posted on 09/10/2012 7:39:41 PM PDT by xrmusn (6/98 "It is virtually impossible to clean the pond as long as the pigs are still crapping in it")
[ Post Reply | Private Reply | To 12 | View Replies]

To: presidio9

Damn “green revolution” nonsense. It’ll be the death of us.


30 posted on 09/10/2012 7:40:45 PM PDT by youngidiot (The name's Bond. James Bond. James Bond Jovi.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: gleeaikin

Correct. George W. Bush (and his family) rode around in the very same car, and I don't recall even the environmentalists complaining about the gas mileage.

31 posted on 09/10/2012 7:41:11 PM PDT by presidio9 (Islam is as Islam does.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: presidio9

Talk about a loss leader


32 posted on 09/10/2012 7:41:11 PM PDT by al baby (“If Barack Obama has a Harvard law degree, he didn’t earn that. Somebody else made that happen.”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: presidio9

. The “Volt,” is a government product, with no economic goal in mind. It is as if a company were to dream up a “concept” car and then rush it into mass production. It is no damn good. Probably take years to work out the kinks.


33 posted on 09/10/2012 7:43:45 PM PDT by RobbyS (Christus rex.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: presidio9

How about we all go lease a Volt, right now and bankrupt that company for good. heh


34 posted on 09/10/2012 7:43:46 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
[ Post Reply | Private Reply | To 7 | View Replies]

To: gleeaikin
I don't think that any president of this Republic is a Roman Emperor, German Kaiser or Egyptian Pharaoh. No other world leader has anywhere near the accouterments of a modern US president, not even close. Having worked for the executive and been a bodyguard, I know how much of that is grandiosity, waste and gold-plating. And what in the world does your son in Afghanistan have to do with this discussion? I thank him for serving, but again, I don't see how he fits in here.
35 posted on 09/10/2012 7:44:18 PM PDT by 2ndDivisionVet (You cannot invade the mainland United States. There would be a rifle behind every blade of grass.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: TexasFreeper2009

GM’s CEO would have a cow if there were a million Volt orders in the morning. lol. He’d just declare bankruptcy.


36 posted on 09/10/2012 7:44:51 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
[ Post Reply | Private Reply | To 11 | View Replies]

To: presidio9; All

Is there still a federal tax credit for these things?

Can you get that tax credit for a LEASED Volt?


37 posted on 09/10/2012 7:52:00 PM PDT by Kansas58
[ Post Reply | Private Reply | To 1 | View Replies]

To: presidio9

http://freebeacon.com/great-green-car-fleet/

The Pentagon is buying Chevrolet Volts to help “green up” the military—while propping up sales of the bailed-out automaker’s most politicized car.

The Department of Defense began purchasing the struggling luxury electric car, which retails at $40,000, this summer as part of its goal to purchase 1,500 such green vehicles. The Marine Corps Air Station in Miramar, Calif. purchased its first two Volts in July, and 18 more vehicles will come shortly to Joint Base Andrews in Maryland, where Air Force One is based, according to military magazine Stars and Stripes.


38 posted on 09/10/2012 7:53:03 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GeronL
How about we all go lease a Volt, right now and bankrupt that company for good. heh

Um, because Ford, Nisan, and CODA all make electic vehicles that have twice as much range and cost less money?

The GM bailout was all about saving out UAW and CAW so they could order their members to re-elect Obama and then get back to the buisness of destroying GM with unrealist pension and benefits demands.

39 posted on 09/10/2012 7:56:50 PM PDT by presidio9 (Islam is as Islam does.)
[ Post Reply | Private Reply | To 34 | View Replies]

To: 2ndDivisionVet

The unfortunate fact is that people ARE working to kill the president and his family every day. He deserves every bit of protection he gets. If the left had bitched about the gas mileage of the presidential limo when Bush was in office, you might have a point. But they didn’t, so you don’t.


40 posted on 09/10/2012 8:00:00 PM PDT by presidio9 (Islam is as Islam does.)
[ Post Reply | Private Reply | To 35 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-99 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson