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Keyword: volt

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  • Plug-in electric car sales in Canada, February 2016: Volt Valentine

    03/08/2016 6:56:07 AM PST · by Oldeconomybuyer · 9 replies
    Green Car Reports ^ | March 7, 2016 | by Matthew Klippenstein
    Chevy's 102 Volt sales may have led the Canadian plug-in electric vehicle market in February, and bring its national total to 5,611 units. Up slightly from January's 94 sales, this was also the plug-in hybrid Volt's best-ever February in Canada, easily surpassing the 38 sold a year ago. With the refreshed Volt and a deeper field of battery-electric vehicle competitors, there's a risk the company could face its first year-over-year sales decline this year - though with only two months gone, it may be far too early to predict doom and gloom for the world's most popular electric car.
  • 2017 Chevy Volt Arriving Soon at Dealerships Nationwide

    02/29/2016 12:42:00 PM PST · by Oldeconomybuyer · 39 replies
    Next-Gen Transportation News ^ | February 29, 2016 | Staff
    Production of the 2017 Chevrolet Volt plug-in hybrid began earlier this year, and the first vehicles will be arriving at Chevy dealerships nationwide shortly, with as much as a $1,000 incentive to help juice sales, reports Cars Direct. Pricing for the 2017 Chevy Volt starts at $34,095, including destination, but does not account for the $7,500 federal tax rebate or any state or local incentives. The $1,000 incentive from GM is available to buyers in California, Connecticut, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New York, Oregon, Rhode Island, and Vermont. The all-new 2016 Chevy Volt debuted last year with...
  • Chevy still has 6,000 unsold last-gen Volt hybrids

    05/25/2015 11:26:06 PM PDT · by dila813 · 41 replies
    Engadget ^ | 20 minutes ago | Jon Fingas
    The 2016 Chevy Volt promises to be a much better hybrid than its predecessor, with a lower price and better performance... and unfortunately for GM, that improvement might be hurting sales of the outgoing model. The Detroit Free Press reports that there were roughly 6,000 unsold 2015 Volts as of April, or more than twice the 2,779 that sold in the first four months of the year. Sales are down 46 percent versus the same period a year ago, and dealers appear willing to make some serious concessions to clinch a deal.
  • Lovefest: Tesla Model S Owners More Likely To Recommend The Brand

    04/05/2015 5:36:33 PM PDT · by LogicDesigner · 152 replies
    FOX News ^ | March 30, 2015 | Bengt Halvorsen
    While Tesla Motors continues to fight it out on a state level with dealership groups—most recently gaining ground in Georgia but getting shut out in West Virginia—one thing is for sure about the automaker's product: The Tesla Model S is, again and by far, the most-loved vehicle in the U.S. The Tesla Model S, according to the market-research firm Strategic Vision, boasts figures of ‘love’ from their overall vehicle experience that handily top those for much-loved sports-car models like the Porsche Boxster and 911. A whopping 92 percent of owners of the Model S summed their experience in the top...
  • 2016 Chevrolet Volt Powertrain: How It Works In Electric, Hybrid Modes

    02/25/2015 9:30:02 AM PST · by LogicDesigner · 53 replies
    Green Car Reports ^ | February 24, 2015 | John Voelcker
    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.
  • Why Your All-Electric Car May Not Be So Green

    12/15/2014 2:48:11 PM PST · by Oldeconomybuyer · 98 replies
    ABC News ^ | December 15, 2014 | By SETH BORENSTEIN AP Science Writer
    People who own all-electric cars where coal generates the power may think they are helping the environment. But a new study finds their vehicles actually make the air dirtier, worsening global warming. Ethanol isn't so green, either. "It's kind of hard to beat gasoline" for public and environmental health, said study co-author Julian Marshall, an engineering professor at the University of Minnesota. "A lot of the technologies that we think of as being clean ... are not better than gasoline."
  • Chevrolet Volt US Sales Slow In October As New Production Yet To Come Online

    11/07/2014 7:07:00 AM PST · by lacrew · 15 replies
    InsideEVs ^ | 11-3-2014 | Jay Cole
    For October, the results did improve somewhat however, as 1,439 Volts were sold, which was up 3% from last month, but still off 29% from the 2,022 sold last year at this time. For the year, 15,979 Volts have been sold, which is down 14.9% from the 18,782 sold through the first 10 months of 2013. General Motors now faces a couple problems trying to finish out 2014 strong: •Production – the Volt’s Hamtramck, Michigan facility has been idled since mid-August as part of a previously announced $384 million dollar investment into the facility that is currently seeing the Voltec...
  • MORE DATA: Plug-In Electric Car Sales In Aug: All-Time Leaf High, Volt Best In 12 Months

    09/04/2014 7:54:01 AM PDT · by lacrew · 40 replies
    Green Car Reports ^ | September 3, 2014 | John Voelcker
    The Chevrolet Volt range-extended electric car, meanwhile, logged sales of 2,511, its best performance since August 2013. The deliveries increased its year-to-date total to 13,146. A total of 67,698 Volts have been sold in the U.S. since the December 2010 introduction of the world's highest-production series hybrid vehicle.
  • 2015 Chevy Volt gets larger battery, though range remains the same

    07/23/2014 11:00:03 AM PDT · by Red Badger · 16 replies ^ | Jul 18th 2014 6:30PM | By John Beltz Snyder
    The Chevrolet Volt isn't changing much for the 2015 model year. According to specifications uncovered by Inside EVs, though, the new Volt's battery does have a slightly larger capacity. According to the spec sheet, this doesn't translate to increased range. Real world driving, though, might tell a different story. The 2015 Volt's battery storage is slightly higher than the outgoing model's, up from 16.5 kilowatt-hours to 17.1 kWh. According to GM's manager of electrification technology communications, Kevin Kelly, speaking to Green Car Reports, the increased capacity is "a late change done in the cell... just another continuous improvement to surprise...
  • Opel dropping Ampera, the European Chevy Volt, because of weak sales

    07/23/2014 9:44:48 AM PDT · by Red Badger · 44 replies ^ | Jul 21st 2014 2:15PM | By Sebastian Blanco
    Sales of the Chevy Volt in the US have been fairly stable for the last few months (between a low of 1,478 and a high of 1,777 since March), but in Europe, the Opel Ampera (sister-vehicle of the Volt) has been trending downwards. The sales decline is prompting discussion that the vehicle will be killed off in Europe, according to Automotive News Europe. The car was a relative hit back in 2012, when it was named the European Car Of The Year and sales topped 5,200 units. Compared to 2012 numbers, which were good, Ampera sales dropped 40 percent to...
  • Hybrid Cadillac inventory sits on dealer lots

    05/23/2014 6:54:20 AM PDT · by Oldeconomybuyer · 63 replies
    MarketWatch ^ | May 23, 2014 | By Jay Ramey
    The Cadillac ELR has been on sale for just five months, but General Motors is now offering dealers a $5,000 incentive to offer test drives in the Chevrolet Volt-based plug-in hybrid. To receive the incentive, dealers have until June 2 to designate ELRs in their current inventory as test vehicles, after which each test car has to log a minimum of 750 test-drive miles. The incentives could be because 1,700 ELR coupes remained unsold in dealer inventories at the end of April. At current sales rates, that’s a 725-day supply, which is almost exactly two years’ worth of cars.
  • Plug-In Electric Car Sales In April: Leaf Widens Lead, Volt Flat Again

    05/01/2014 5:05:40 PM PDT · by Oldeconomybuyer · 34 replies
    Green Car Reports ^ | May 1, 2014 | by John Voelcker
    Sales of plug-in electric cars last month appear to be staying level with last month's, based on early figures from Nissan, Chevrolet, and Toyota. The Nissan Leaf battery-electric hatchback continued the stronger sales trend from March: 2,088 Leafs found new owners. And it widens the Leaf's lead over the Chevy Volt which logged 1,548 deliveries, bringing its total for the first four months of 2014 to 5,154. That's less than last year's 5,550 during the same period. Together, the 2014 sales figures so far may be an indicator that sales of the mainstream plug-in Chevy will remain flat again this...
  • Monthly Plug-In Sales Scorecard

    05/01/2014 3:37:28 PM PDT · by lacrew · 5 replies
    InsideEVS ^ | 5-1-2014
    Chevrolet Volt: For April 1,548 cars were sold, which bested April of 2013 by 17.5% when just 1,306 Volts were sold. For the year, Chevrolet has now sold 5,154 plug-ins, which is down 7.1% from 2013 when 5,550 were moved. April was mostly good news for the Chevrolet Volt. The month saw GM officially re-confirm its commitment to the next generation of Volt by holding a press conference to announce a new $449 million dollar investment into 2nd gen Volt production. The 2nd gen Chevrolet Volt will be a 2016 model and go on sale in the 2nd half of...
  • Chevrolet Volt Sales Flat In March

    04/01/2014 1:43:24 PM PDT · by lacrew · 10 replies
    InsideEvs ^ | 4-1-14 | Jay Cole
    After announcing a short delay “due to a computer systems issue that impacted dealer sales reporting”, General Motors announced that they sold 1,478 Chevy Volts in March – which is exactly the same number of cars they sold a year ago this month. Not the result we were hoping for, as the wind-down of California’s “green sticker” program this week spurred on sales of competitors (like the Toyota Prius – up 92%) to new highs for the year. This month also ‘kind-of ‘ stops a trend of 3 consecutive months (and 5 of 6 overall) of declining sales for the...
  • Chevrolet Sells 1,210 Volts In February, Off 26% From 2013

    03/04/2014 12:31:32 PM PST · by lacrew · 17 replies
    InsideEVs ^ | 3-3-14 | Jay Cole
    After posting a fairly disappointing 918 Volt sales in January – the first time sales were under 4 digits in 2 years (603 - Jan 2012), the extended range Chevy bounced back a little in February notching 1,210 deliveries. Year-over-year, this February’s result was up against some fairly stiff competition as 1,626 were sold this month a year ago, meaning sales were off 25.6%. For the year to date, 2,128 Volts have been sold as compared to 2,766 – off 23.1% There just isn’t enough casr to even get the Volt a fighting chance as the General opted to produce...
  • December 2013 Plug-In Electric Vehicle Sales Report Card

    01/03/2014 9:20:33 AM PST · by lacrew · 23 replies
    InsideEvs ^ | 1-3-13 | Jay Cole
    Chevrolet Volt: For December 2,392 Volts were sold, which was down 9.2% over December of 2012, when GM sold an impressive 2,633. (full story here) Previously in November 1,920 Volts were sold, which was actually an increase over 2012 when just 1,519 were moved off dealer lots. December’s result means that GM sold less extended range Chevys in 2013 than 2012. 23,094 were sold in 2013 vs 23,461 – a loss of 1.9% To blame for the year-over-year miss is an inventory situation we first alluded to in October. Basically, GM overbuilt 2013 model year stock in the summer, thinking...
  • Taxpayers Pay $176 per Gallon of Gas “Saved” by Chevy Volt

    11/22/2013 8:38:27 AM PST · by jazusamo · 21 replies
    NLPC ^ | November 22, 2013 | Mark Modica
    I have to hand it to General Motors and those Chevy Volt supporters who continue to come up with creative ways to espouse the virtues of the slow selling and heavily subsidized vehicle. They just won't give up. The latest figures being presented in political fashion utilize large numbers that, on the surface, appear impressive. When analyzed, the figures give more insight into just how much taxpayer money is being wasted on green subsidies, particularly on electric vehicles (EVs). Sound the trumpets! According to Green Car Reports, the Chevy Volt has saved 17 million gallons of gas to date. Now...
  • GM Developing Car to Rival Tesla

    09/17/2013 7:44:27 AM PDT · by illiac · 22 replies
    Wall Street Journal ^ | 9/17/13 | Mike Ramsey
    General Motors Co. GM +1.89%is developing an electric car that can go 200 miles on a charge for around $30,000, officials at the largest U.S. auto maker said, offering a challenge to luxury electric-car startup Tesla Motors Inc. TSLA -0.58% Doug Parks, GM's vice president of global product programs, disclosed the effort on Monday at GM's battery laboratory and test facility in Warren, Mich., but didn't say when the car would be available. He said while the technology is available now, the cost of the batteries remains too high to be able to pull off the feat today. GM's move...
  • GM cuts Volt electric car price by $5,000 for 2014 model (Fire sale?)

    08/06/2013 7:07:55 AM PDT · by AngelesCrestHighway · 22 replies
    Yahoo Finance ^ | 08/06/13 | Yahoo Staff
    DETROIT (Reuters) - General Motors Co (GM) said on Tuesday it is slashing the price of its Chevrolet Volt electric car by $5,000 to help boost demand for the plug-in hybrid in a segment still struggling to gain a foothold in the U.S. auto market. The price cut for the 2014 model will lower the price to $34,995, including delivery fees before federal tax credits. Pricing could fall as low as $27,495 with the tax credit. "We have made great strides in reducing costs as we gain experience with electric vehicles and their components," Don Johnson, U.S. vice president for...
  • Nissan Leaf races ahead of Chevy Volt in May

    06/04/2013 5:39:08 AM PDT · by Oldeconomybuyer · 11 replies
    Christian Science Monitor ^ | June 3, 2013 | By David J. Unger
    Electric car sales hummed along in May amid a solid month for the auto industry. But the surprise story this year was May's strong full-size pickup truck sales – not exactly a sign an endorsement of efficiency and alternative fuels. Nissan sold 2,138 Leafs in May, up 319 percent over last year. In March, the company sold a record 2,236 units of its all-electric vehicle. General Motors sold 1,607 Volts in May, down 4.3 percent from a year ago. In the first five months of 2013, the company sold only 100 more Volts than during the same period last year.
  • Nissan Leaf has second-best sales month, Chevy Volt declines again, slightly

    05/03/2013 4:28:48 PM PDT · by Oldeconomybuyer · 9 replies
    Green Autoblog ^ | May 1, 2013 | By Sebastian Blanco
    Starting production of the all-electric Leaf in Tennessee helped Nissan sell more Leafs in the US in March 2013 than in any other month. April wasn't quite as sunny, but the 1,937 Leafs sold last month were still good enough for second place. Ever. April also marked the second month in a row that the Leaf beat the Chevrolet Volt. It's not that General Motors had a bad month. The 1,306 Volts sold last month were roughly in line with March and February (but it's a downward trending line, with 1,626 sold in February and 1,478 in March).
  • Chevy Volt Sales Plunge – Obama’s Flagship EV a Failure

    04/03/2013 10:39:46 AM PDT · by jazusamo · 39 replies
    NLPC ^ | April 3, 2013 | Mark Modica
    The Chevy Volt has inarguably been the poster child for President Obama's push to electrify America's auto fleet. Billions of taxpayer dollars have been spent to produce and subsidize the plug-in electric car. For years we have heard about the supposedly amazing technology for the Volt which would lead America to energy independence, be a "game-changer" for General Motors and provide a multitude of new green jobs. Proclamations were made that supply for the wonder-car could not keep up with the demand. Well, March's sales figures are in and give further confirmation that the lofty claims were all lies. March's...
  • LEAF Sales Soar in March, Volt Remains Stable

    04/03/2013 8:08:52 AM PDT · by lacrew · 20 replies
    Plugincars ^ | 4-2-13 | Eric Loveday
    Steady Voltage Chevy Volt sales have been consistent lately, with no wild ups and downs as experienced by the Nissan LEAF during the production changeover. Sales of the Volt had hit a 12-month low of 1,140 units in January 2013, but rebounded to 1,620 units in February. For March 2013, Volt sales check in at 1,478 units.
  • Somebody Please Tell Stubborn Fool Obama How Filthy and Toxic Electric Cars Really Are

    03/20/2013 3:46:30 AM PDT · by Reaganite Republican · 25 replies
    Reaganite Republican ^ | 20 March 2013 | Reaganite Republican
    When you buy a car, there are various ratings outfits in the business of calculating the true cost of owning that particular vehicle, inc. insurance, depreciation, maintenance, cost of repairs, etc. Such a comprehensive model is surely more realistic than just looking at the monthly payment or sticker price, and the customer knows if they're actually making a cost-effective, bottom-line decision. But even if you buy-into the now imploding globaloney scam, wouldn't it make sense to apply similar logic to calculate the entire environmental impact of electric vs. internal combustion cars over the full service life... esp since the actual...
  • Chevy Volt Sales - Propaganda Typo

    03/04/2013 12:51:11 PM PST · by lacrew · 33 replies
    Plugincars ^ | March 1, 2013 | Eric Loveday
    Chevy Volt sales rebounded in February with G.M. reporting sales of 1,626 units....but you could benchmark February 2013 sales of 1,626 units as a big jump from February 2012 when G.M. sold 1,023 Volts
  • Electric Car Owners Get a Free Ride in Ann Arbor

    01/30/2013 10:50:40 AM PST · by MichCapCon · 9 replies
    Michigan Capitol Confidential ^ | 1/29/2013 | Audrey Spalding
    Though electric vehicles may not be attracting much hype at the Detroit Auto Show, their owners do enjoy privileged status in the city of Ann Arbor. While parking downtown, electric vehicle owners can charge their cars for free. The charging stations are typically located at the front of parking garages, and are reserved for electric vehicles only. On a busy weekend, electric vehicle owners can enjoy reserved, easy access downtown parking with a free "fill up." Drivers of conventional vehicles receive no such benefit. Pictured nearby is a Chevy Volt, a vehicle already infamous for costing taxpayers up to $3...
  • Governments pushing overpriced electric cars today, hoping to take credit later

    01/23/2013 8:03:03 PM PST · by smith001 · 7 replies ^ | Jan 23, 2013 |
    "The question, then, is why are so many companies -- especially GM -- scrambling to release these grossly overpriced plug-in electric compact cars? Trying to shoehorn expensive electric vehicle technology into entry-level economy cars makes absolutely no sense, unless you think about it from the perspective of governments, who have inserted themselves into the EV equation by subsidizing the purchase every electric car to the tune of $7,500 to $10,000. ... Currently, the only reasonable value proposition in the EV segment can be found at the top of the price spectrum, which is no doubt where electric car development would...
  • Cadillac unveils the Chevy Volt-based ELR plug-in hybrid coupe

    01/16/2013 12:19:58 PM PST · by Zakeet · 29 replies
    Fox News ^ | January 15, 2013
    Someone gave the Chevy Volt a tuxedo, and it fits well. The Cadillac ELR coupe is the luxury automaker’s take on extended range electric vehicle, and its first ever hybrid car. The dramatic two-door is wider than the Volt and dressed in a slightly toned down version of the sharply creased, broad shouldered bodywork seen on the Cadillac CTS coupe. It rides on turbine-look 20-inch wheels and features vertical head and brake light clusters, the latter with a slight tailfin design. Like the Volt, the ELR is powered by a combination of an electric drive unit and 1.4-liter internal...
  • New Improved 2013 Volt Charges 30 Percent Slower

    12/05/2012 11:57:12 AM PST · by ExxonPatrolUs · 28 replies
    The Truth About Cars ^ | December 4 | Bertel Schmitt
    In late 2011, photos of melted and damaged Volt charging cords appeared on the internet. GM initially blamed wiring problems in the electrical outlets, eventually, the company announced that they would replace all the 120V chargers in all 2011 and some 2012 models with a new unit. About 9,500 charging units were replaced. When the 2013 model came around, Volt owners were faced with a new and improved feature: Longer charge time. In self-help groups on the Internet, the culprit was quickly found: GM had reduced the default circuit load of the charger from 12 Ampere to 8 Ampere. Then,...
  • GM rolls out new electric mini-car at LA Auto Show [Doubling Down on Failure]

    11/27/2012 8:17:04 AM PST · by Red Badger · 85 replies
    AP ^ | 11-27-2012 | By DEE-ANN DURBIN
    DETROIT (AP) -- General Motors is giving its Chevrolet Spark a jolt of electricity. An all-electric version of the mini-car will debut this week at the Los Angeles Auto Show. It goes on sale this summer in California, Oregon, Canada and South Korea, where it's made. Other markets will follow. Unlike the Chevrolet Volt sedan, which can run in all-electric mode but also has a backup gas engine, the Spark EV is a pure electric. GM won't say how far the car will go on a charge, but says it will be a top performer among the small number of...
  • Plant that got $150M in taxpayer money to make Volt batteries furloughs workers

    10/08/2012 5:40:10 PM PDT · by Snuph · 25 replies
    Fox News ^ | October 08, 2012 | Perry Chiaramonte
    President Obama touted it in 2010 as evidence "manufacturing jobs are coming back to the United States,” but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced. Read more:
  • Embassies Facing Security Cuts Waste Money on Chevy Volts

    10/03/2012 10:50:08 AM PDT · by Ernest_at_the_Beach · 28 replies ^ | Tue, 10/02/2012 - 13:00 | Peter Flaherty
    The U.S. military's newspaper, Stars & Stripes, recently reported that the Pentagon is buying Chevy Volts in a 1,500 electric-vehicle purchase, as part of the Defense Department's "green initiatives," which seek to reduce the country's dependence on foreign energy sources. A recent Congressional Budget Office study challenged the assumption that electric vehicles have any impact on such dependence, prompting the question of why the government is spending money this way. Against the backdrop of the attack on our embassy in Benghazi, and looming embassy security cuts due to sequestration, it appears politics and ideology are trumping common sense.A little poking...
  • On November 6th Remember: VOLT-4-Obama, But VOTE Fro Romney!

    09/23/2012 8:04:30 AM PDT · by NOBO2012 · 4 replies
    Michelle Obama's Mirror ^ | 9-23-2012 | MOTUS
    Osama is dead, and GM is alive! So declared Joey B, our most senior foreign relations expert next to BO himself. Of course the full import of his comment depends a lot on what your definition of “dead” is: Tunisian Salafis, raising the dead in order to fight another day....Of course “GM is alive” also depends on what your definition of “alive” is: Currently on life support, thanks to Obamacare“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...
  • GM Admits There's No Market for Chevy Volt (Dealer tax credit, lease scam)

    09/13/2012 10:28:48 AM PDT · by jazusamo · 29 replies
    National Legal & Policy Center ^ | September 13, 2012 | Mark Modica
    A Reuters' article earlier this week created quite a buzz when it suggested that General Motors was losing $49,000 on every Chevy Volt sold. While many continue to debate just how much money GM loses on the politically-motivated car, a more important story on the Volt was reported by last week which explained the increase in August sales numbers for the vehicle. The piece exposes how GM (along with taxpayers) is heavily subsidizing leases and even gets an embarrassing admission from GM on the struggling Volt that, "The whole idea is we're creating a market." And this blockbuster,...
  • WaPo admits: GM’s vaunted Volt is on the road to nowhere fast

    09/13/2012 5:04:27 AM PDT · by SeekAndFind · 21 replies
    Washington Post ^ | 09/12/2012 | The Editors
    <p>AS A CANDIDATE for president in 2008, Barack Obama set a goal of getting 1 million all-electric and plug-in hybrid vehicles on the road by 2015. In February 2011, the Obama administration’s Energy Department issued an analysis purporting to show that, with the help of subsidies and tax credits, “the goal is achievable.” This was a paltry claim in the first place, since 1 million cars amount to less than 1 percent of the total U.S. fleet. Yet it is increasingly clear that, despite the commitment of many millions of taxpayer dollars, the United States will not hit Mr. Obama’s target by 2015. A recent CBS News analysis suggested that we’ll be lucky to get a third of the way there.</p>
  • Of course: The Pentagon is buying Chevy Volts (With your money and mine of course)

    09/11/2012 4:53:06 PM PDT · by SeekAndFind · 9 replies
    Hotair ^ | 09/11/2012 | Erika Johnsen
    Yesterday, Reuters reported that (federally-bailed-out) General Motors' Chevy Volt is selling at a loss of as much as $49,000 per vehicle, and that certain experts think it doesn't look likely that GM will ever make that money back. GM fired back today, claiming that Reuters performed an unfair, "grossly wrong" assessment of their business operations, but whatever, GM -- you're missing the point. Either way, I don't really care how you choose to run your company or whether you choose to take big risks and develop new products, because that's what businesses do. Sometimes they succeed, and sometimes they fail....
  • GM Should Shut Down Volt Production Until Car Makes A Profit

    09/11/2012 6:55:36 AM PDT · by SeekAndFind · 17 replies
    IBD ^ | 09/11/2012
    Reuters reports that General Motors "is still losing as much as $49,000 on each Volt it builds." This is no shocker, but it should be an alarm to voters who think this president deserves another term. A little more than two weeks ago, the Obama administration released rules mandating a near-doubling of gas mileage standards for cars sold in the U.S. The mandate will not be met at no expense. The industry can't magically build fleets that average 54.5 miles per gallon by 2025 without steep cost increases just because politicians and bureaucrats demand that it does. If automakers are...
  • The Chevy Volt: Another Obama Green Investment Loses a Billion

    09/11/2012 2:39:01 AM PDT · by Kaslin · 15 replies ^ | September 11, 2012 | John Ransom
    This is getting redundant. If you want investment losses for tax purposes, Barack Obama is your guy.Now, if the country could only figure out how to write off the five trillion dollars we’ve lost during his presidency. As the man said: A billion here and a billion there, and pretty soon were talking about Barack Obama.      Readers of my column know that there are few things that I dislike more than the Chevy Volt. I don’t like the inflated claims that government-corporate elites make about it; I don’t like that it costs more than a normal car to keep it...
  • Insight: GM's Volt: The ugly math of low sales, high costs

    09/10/2012 5:03:05 PM PDT · by Impala64ssa · 34 replies
    Reuters ^ | 9/10/12 | Bernie Woodall and Paul Lienert and Ben Klayman
    (Reuters) - General Motors Co 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. GM on Monday issued a statement disputing the estimates. Cheap Volt lease offers meant to drive more customers to Chevy showrooms this summer may have pushed that loss even higher.
  • GM Is Losing Up To $49,000 Per Volt Sold

    09/10/2012 8:00:21 AM PDT · by SeekAndFind · 23 replies
    * GM losing as much as $49,000 per Volt sold * Cheap leases likely only exacerbate the losses * GM still years away from break even on the car * New plug-in competitors soon from Ford, Honda Sept 10 (Reuters) - General Motors Co 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...
  • Chevy Volt production suspended to trim supply, prepare plant for new model

    08/28/2012 10:13:29 AM PDT · by tobyhill · 16 replies
    Fox News ^ | 8/28/2012 | ap
    General Motors will temporarily close the Detroit-area plant that makes the Chevrolet Volt next month to control inventory and prepare to make a new model. Spokesman Bill Grotz says the factory will be off-line to match supply with demand and prepare to build the 2014 Chevrolet Impala. He wouldn't say how long. Grotz says GM is happy with its supply of electric Volts. The plant also makes Chevrolet Malibus.
  • GM to idle Volt plant for 4 weeks, sources say

    08/28/2012 2:54:30 AM PDT · by equaviator · 30 replies
    Automotive News ^ | August 27, 2012 | Mike Colias
    DETROIT -- General Motors plans to idle the plant where it assembles the Chevrolet Volt plug-in hybrid for four weeks starting next month, two people familiar with the plans said. GM will close its Detroit-Hamtramck plant from Sept. 17 until Oct. 15, one of the sources said. Union representatives last week told the plant's roughly 1,500 workers about the scheduled downtime, the source said. GM also notified suppliers last week, according to another source in the supply chain. A GM spokesman wouldn't confirm whether the company planned to idle the plant. "We don't comment on production schedules," the spokesman said....
  • Fisker Automotive shake-up: Former Chevy Volt chief named new CEO

    08/15/2012 7:49:09 AM PDT · by harpu · 17 replies ^ | 8/14/12 | Dana Hull
    Struggling hybrid carmaker Fisker Automotive named Tony Posawatz, a General Motors veteran who oversaw production of the Chevy Volt, its new CEO on Tuesday, making him the third executive to helm the startup in a year. Lead Fisker board director Ray Lane of Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers, the auto company's largest investor, said Tuesday he has known Posawatz for a couple of years and recruited him to replace Tom LaSorda, who was named CEO in February. LaSorda, a veteran of Chrysler and GM, had replaced company founder Henrik Fisker. Lane said Fisker originally envisioned...
  • Military Buying Chevy Volts as Glitches Surface

    08/06/2012 2:12:44 PM PDT · by jazusamo · 29 replies
    National Legal & Policy Center ^ | August 6, 2012 | Mark Modica
    It seems that the supply of taxpayer money available to support the Chevy Volt is never ending. Add the Department of Defense to the list of agencies tapping into the seemingly endless taxpayer funds to purchase Volts, as reported by The US Military is buying Volts just as a recent poll at reveals that over 12% of Volt owners have had electrical problems with the vehicle. A Marine Corps (pronounced "kawr", not "kawrps") Air Station in Miramar California received a couple of the Volts last month. Chris Manis, deputy director of installations and logistics, spoke of the Marines'...
  • Spyker Slaps GM With $3 Billion Lawsuit

    08/06/2012 2:50:26 PM PDT · by John W · 18 replies
    AutoWeek ^ | August 6, 2012 | Greg Migliore
    Spyker, the Dutch supercar firm and owner of Saab, hit General Motors with a $3 billion lawsuit Monday, claiming GM forced Saab into bankruptcy and interfered with a potential deal with Chinese investors that could have saved the company. Spyker is suing on behalf of Saab, assuming legal costs in exchange for a significant proportion of any potential award. Saab went into bankruptcy in December 2011. The lawsuit also says GM interference prevented an agreement with Chinese investor Zhejiang Youngman Lotus Automobile Co. Ltd., which would have allowed Saab to restructure. In court papers, Spyker said GM's motivation was to...
  • Coming Soon to a Coal-Fired Power Grid Near You: 'Chevy Volt Village'

    08/01/2012 5:24:16 AM PDT · by Reaganite Republican · 4 replies
    Reaganite Republican ^ | August 1 , 2012 | Reaganite Republican
    'Naturally', Obama's helping to pay for it The dangerous, unloved, taxpayer-subsidized debacle of a 'green' experiment known as the Chevy Volt is now being featured as the centerpiece of still more taxpayer-subsidized, anti-free-enterprise enviromento-social engineering: a low energy residential project touted as a new kind of 'Smart Community'. 'Pecan Street' is a project in Austin, Texas, and known unofficially as 'Chevy Volt Village' at GM and the US Energy Department, which now chipped-in $10.4M in taxpayer money in-addition to all the bailouts, grants, $7500-per-customer government retail subsidies and Soviet-style central-planning that made Government Motors' overpriced, plug-in-P.O.S. possible in the first place. GM is calling...
  • Barack Obama: Crony Capitalist in Chief? Part 2

    07/22/2012 9:33:35 AM PDT · by Kaslin · 4 replies ^ | July 22, 2012 | Political Calculations
    In mid-2008, General Motors was a failing company. Unable to unload their product line of gas guzzlers, the wrong cars and trucks to be trying to sell at a time of record high gasoline prices, the company's high union-driven high labor costs were combined with the extremely high pension and health care costs it had awarded its unions in better times, the company was quickly heading for bankruptcy and quite possibly for liquidation. In that environment, GM decided to bet big on a new mass market production car, one that could deliver 50 miles per gallon - more than double...
  • Media Fail: Chevy Volt Makes NO Money, Costs Taxpayers Hundreds of Thousands of Dollars Per Car

    07/17/2012 11:43:44 AM PDT · by grundle · 20 replies
    Newsbusters ^ | July 17, 2012 | Seton Motley
    The Jurassic Press is missing much in their reporting on the $50 billion bailout of General Motors (GM). The Press is open channeling for President Barack Obama - allowing him to frame the bailout exactly as he wishes in the 2012 Presidential election. The President is running in large part on the bailout’s $30+ billion loss, uber-failed “success.” And the Press is acting as his stenographers. An epitome of this bailout nightmare mess is the electric absurdity that is the Chevrolet Volt. The Press is at every turn covering up - rather than covering - the serial failures of President...
  • GREEN SCAM: 80% Of Green Energy Loans Went To Obama Donors - 19 Companies Went Bust

    07/14/2012 7:21:00 AM PDT · by TurboZamboni · 12 replies
    gateway pundit ^ | 6-2-12 | jim hoft
    For those who only hear about these failing companies one by one, the following is a list of all the clean energy companies supported by President Obama’s stimulus that are now failing or have filed for bankruptcy. The liberal media hopes you’ve forgotten about all of them except Solyndra, but we haven’t. Evergreen Solar SpectraWatt Solyndra (received $535 million) Beacon Power (received $43 million) AES’ subsidiary Eastern Energy Nevada Geothermal (received $98.5 million) SunPower (received $1.5 billion) First Solar (received $1.46 billion) Babcock & Brown (an Australian company which received $178 million) Ener1 (subsidiary EnerDel received $118.5 million) Amonix (received...
  • Chevrolet Volt 'Comes Out' For Detroit's LGBT Pride Weekend

    06/05/2012 1:07:55 PM PDT · by smokingfrog · 51 replies ^ | 5 June 2012 | Richard Read
    On June 28, 1969, gays, lesbians, and their transgendered friends took to the streets of New York, protesting the harassment they'd experienced at the hands of the city's police force. The violence -- now known as the Stonewall Riots -- lasted for several days and altered the way that Americans viewed their LGBT neighbors. Forty-three years down the road, things have changed dramatically. We have an array of LGBT characters on TV and in movies. We have a president who's come out in favor of marriage equality. And with only a couple of exceptions, most of America's major corporations --...