FReepers, Let's GIT_R_DONE!
Posted on 02/25/2015 9:30:02 AM PST by LogicDesigner
The new 2016 Chevrolet Volt is sleeker, has more electric range, higher gas mileage, a fifth seat, and should be both faster and quieter on the road.
...
For the record, the new transmission and final drive unit is formally known as the 5ET40 Electrified Transaxle.
The pair walked us through the five separate operating modes of the new Voltec system: two electric-only, and three blended.
(Excerpt) Read more at greencarreports.com ...
Ping.
No, it was not.
On their website shortly after the zero admin started pushing it, the site called it “the all electric vehicle (that has a gas engine)”.
They pushed it as an all electric, claimed there was no connection between the gasengine and the final drive.
All of which were outright lies.
That has not been true for a very long time now, friend. Here is an article/video from Bob Lutz about it from a couple years ago:
Bob Lutz Responds To Reuters Article: Chevrolet Volt Is At “Variable Break-Even” Now (Video)
“The statement that GM “loses” over $40K per Volt is preposterous. What the “analyst” in whom poor Ben Klayman placed his faith has done is to divide the total development cost and plant investment by the number of Volts produced thus far. That’s like saying that a real estate company that puts up a $10 million building and has rental income of one million the first year is “losing” 9 million dollars, or several hundred thousand per renter.”
And up until it’s release GM was insisting on a 50 mile electric range.
Uh, it is still true.
At least a $49,000 loss on back end at sale as cost of production still is higher than sale price.
One Hamster, one Bic lighter, and two AA batteries.
Range of 39 miles if lucky under ideal conditions..
I will never buy a UAW shitbox.
http://freerepublic.com/focus/f-bloggers/2877209/posts
Still applies no matter how many facelifts they give this Edsel.
Nope, 100% false. Please read the link I provided.
It still is incentivised.
It applies.
And let us not forget this genius:
http://www.freerepublic.com/~naturalized/
Who did this:
http://www.freerepublic.com/focus/news/2724348/posts?page=35#35
I’m not sure why anyone with a brain would want one of these things or even a regular hybrid. Small, expensive, limited range on electric only, and poor performance. People I know who own them think they are good for the environment but dont realize they are powered by coal.
Markets are great, aren’t they. GM put out a unicorn car for Volt 1. Bombed despite heavy duty government subsidies. Volt 2 sounds like a real car. That might make Obama made. ButI bet they can sell it without subsidies.
You are correct and they had to eat crow on that.
You're also correct about the Volt still losing money on every unit though I don't know how much now. His argument from Bob Lutz is not exactly an unbiased one, he now sits on the board of a leading startup in the plug-in electric vehicle market, Via Motors, an electic truck, SUV and van business.
I'll get excited about EVs when they're reasonably priced and taxpayers aren't subsidizing those that can already afford them without subsidies. The government should not be spending billions picking winners or losers so enviros can tell us what we can or cannot drive..
The author of that article—who works for and published it through a think-tank called “The Mackinac Center ” which keeps its funding sources private—later had to qualify his $250,000 figure:
Mr. Hohman said, “This might be the most government-supported car since the Trabant,” referring to the car produced by the former Communist state of East Germany. But when appearing this Wednesday on the Lou Dobbs syndicated radio program, Mr. Hohman seemed to backtrack on the $250,000-per-Volt figure. First of all, he qualifies the 6,000 sales figure used as the divisor in his calculation. “I’m sure they’re going to sell more as time goes by,” he said. “I understand the people that actually bought them really enjoy them.”
Furthermore, he admits that the actual taxpayer expense so far is well below $3 billion. Mr. Hohman’s used a tally of pledged government support including state and federal assistance from 18 government deals that included loans, rebates, grants and tax credits. The $3 billion total subsidy figure includes $690.4 million offered by the state of Michigan and $2.3 billion in federal money. “If all $3 billion worth of incentives were tapped, and it’s not likely that they are, but it could range up to $250,000 per Volt,” said Hohman on the Lou Dobbs show. “Again, that’s not likely to happen. But if you just took the federal incentives that were being offered to this project and the incentives to buy so far, it would still be $50,000.” Some of the tax credits and subsidies are offered for periods up to 20 years.
The incentives still exist.
It still is sold at a loss.
That is the bottom line.
And the volt still has an electric range equivalent to one gallon of gas.
I still recall the gm volt site stating it was an all electric vehicle for months after it came out that it was at best a poorly implemented hybrid.
The first gen Toyota echo did being a hybrid etter.
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