Keyword: chevyvolt
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A Chevrolet electric vehicle owned by Vermont state Rep. Timothy Briglin recently caught fire while charging in the politician’s driveway, according to Vermont State Police. The fire is the most recent to highlight an ongoing concern of automakers and vehicle safety watchdogs as companies release an influx of new EVs.
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As their company was swirling around the financial drain in the early 2000s, General Motors executives came up with an idea to counter its gas-guzzling image and point the way to transportation of the future: an electric car with a gas-engine backup that could travel anywhere. […] … On Tuesday, the last (Chevrolet) Volt was built with little ceremony at a Detroit factory that’s now slated to close. Sales averaged less than 20,000 per year, not enough to sustain the costly undertaking. The Volt wasn’t the first electric car, but it was the first to conquer anxiety over range at...
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JACKSON, MS (WLBT) - Owners of hybrid and electric vehicles in Mississippi received a notice from the state Department of Revenue informing them of the new annual tax on their vehicles. The new tax, which took effect on October 1, will tax $75 for hybrid vehicles and $150 for total electric vehicles annually. The tax is in addition to regular tag fees and must be paid at vehicle registration or renewal. Cathy Waterbury, The associate commissioner of the Department of Revenue and she said the revenue attained from the tax will go towards the state’s highway fund, infrastructure and the...
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Amid flagging sales, General Motors confirmed on Monday that it will no longer make the plug-in hybrid Chevy Volt, ceasing production on March 1st, 2019. The news comes as part of a wider plan by GM to slash car production in North America and halt production of several low-selling brands. Trading on GM shares was briefly halted on the stock exchange early on Monday in anticipation of “major operational changes,” according to CNBC. GM plans to “unallocate” three assembly plants — in Oshawa, Ontario; Detroit, Michigan; and Warren, Ohio — putting the future of those plants in doubt, Reuters reports....
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DETROIT (AP) — General Motors will lay off up to 14,000 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes 8,100 white-collar workers, some of whom will take buyouts and others who will be laid off. Some U.S. factory workers could transfer to truck or SUV factories that are increasing production.
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General Motors Co. says it plans to launch 10 electric and gasoline-electric hybrid vehicles in China by 2020 amid government pressure on the industry to promote alternatives to gasoline. The president of GM’s China unit, Matt Tsien, said Friday during the Shanghai auto show that the company will start production of a pure-electric model in China within two years. …
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When Bob Lutz speaks, automotive journalists listen. Well, at least they usually do. When a recent Automotive News roundtable discussion showed Lutz blasting General Motors' Chevy Bolt (and electric vehicles like it), mainstream journalists failed to pick up on the story. Lutz was right on the money when he exposed the EV folly, which is costing automakers billions of dollars and driving up prices of conventional, gas-powered vehicles. Bob Lutz certainly has credibility in the automotive world. As an ex-GM executive he was known as the father of the Chevy Volt, a taxpayer-subsidized vehicle that I have had plenty...
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Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy. Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors’ plug-in hybrid electric vehicle. His analysis included 18 government deals that included loans, rebates, grants and tax credits. The amount of government assistance does not include the fact that General Motors is currently...
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First-quarter profit at General Motors rose nearly eight times above a year ago as U.S. consumers spent big on pickups and SUVs and the company didn’t have to set aside a huge stack of money to pay for recalls. The Detroit automaker said it made $945 million, as consumers got used to lower gasoline prices and decided to buy bigger vehicles. That’s right in GM’s sweet spot, with trucks such as the Chevrolet Silverado pickup and Cadillac Escalade large SUV. Profit margins on the trucks are sizable, with analysts estimating that GM makes more than $10,000 per vehicle. In the...
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General Motors will stop making the Chevrolet Volt for four weeks in June and July due to slow sales and to deal with the change to an all-new version of the gas-electric hybrid car. The company says the Detroit-Hamtramck plant that makes the Volt and four other cars will probably stay open through the summer despite plans for the Volt. The factory also is undergoing construction so it can build a new full-size Cadillac CT6 and the 2016 Volt starting late in the summer. Sales of electric and hybrid cars have slowed this year, largely due to low gasoline prices....
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General Motors Co (GM.N) said Thursday it will build the Chevrolet Bolt electric car at an assembly plant near Detroit, where it will invest $200 million for the project. The compact Bolt, shown as a concept vehicle at the Detroit auto show last month, is designed to have a range of 200 miles, and will cost about $30,000 apiece after tax breaks. GM's announcement confirms a report last week by Reuters that the Bolt would be produced at the under-used Orion assembly plant in Michigan. The only electric car currently available with a 200-mile range is the Tesla Model S,...
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General Motors Co on Monday showed its Chevrolet Bolt concept car with an electric driving range of more than 200 miles and a $30,000 price tag, offering a view into where the U.S. automaker is pushing in development of electric vehicles (EV). The all-electric Bolt is a concept car not currently slated for production, but Chief Executive Officer Mary Barra said the company is committed to developing an affordable long-range EV, and GM said they could develop the car in as little as 18 months. “This is a real game changer,” Barra told reporters at the media preview at the...
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Truth001 wrote: No John GWB destabilized the region by marching into Iraq in the first place all in the name of Oil. Obama was only trying to clean up the mess President Bush and VP Cheney left behind. Remember "mission accomplished" 10 years later, 4000+ soldiers dead and 1.5 trillion dollars later. Obama has been trying to avoid another Iraq disaster like every since he has been in office. - The Foreign Policy of the Three StoogesDear Comrade Pravda,How do you explain the destabilization of Libya, then? Or Afghanistan? Or Pakistan? Or Egypt? Or Ukraine? Were those all George BushÂ’s...
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It has been two years since General Motors admitted that there was little demand for the Chevy Volt (as reported here)due to there being "no plug-in market." Their answer was to "create market" to drive sales for the politically popular but economically-nonviable Volt. GM manipulated sales for the Volt through the use of subsidized leases at a time when President Obama's favorite, green wonder-car was being criticized for low sales as it failed to live up to the early hype. GM was able to use taxpayer money in the form of electric vehicle tax credits to help drive down...
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As many already know, the Ransom Notes and Townhall Finance Worldwide HQ is moving to the West Coast this month to better serve our readership. Please bear with me, while we get moved. Georgia Boy wrote: Actually, President Obama has not raised taxes on anybody, but I think he will raise taxes on the wealthiest (back to historic levels) when he gets his second term. That said, Ransom is just another Rat-wing speculation, pretty much full of bovine manure. -France’s “No Limit” Tax Perfect for Zero Dear Comrade Boy Georgia, You’re right about Obama wanting to bring taxes to historic...
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Here’s the good news about the ObamaCar known as the Chevy Volt: There haven’t been any reported fires connected with the ObamaCar since the company recalled 8,000 of the electric vehicles—that’s one in six vehicles. That is no fires, if you don’t count the people who’ve been “fired” from the Volt production line as sales continue to make Obama’s “one million” electric car promise just another broken dream in a crooked scheme. Obama promised that by the time he finished as president, he’d put a million electric cars on the road. Thankfully, he won’t quite make it. No telling...
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There are two electric cars on the market that have received a lot of attention in the media. One is GM's Chevy Volt and the other is the Tesla Model S. Extravagant claims have been made by both manufacturers to have us believe that these that these automobiles are practical and economical to drive. As we shall see, that is not really true when one takes into account all the factors which contribute to the total operating cost of each of these two vehicles. Chevy VoltThe manufacturer claims that "The Chevy Volt is the most fuel-efficient car with a gasoline...
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The final tallies for 2013 sales are in for the Chevy Volt and its little sister, the Chevy Spark EV. The results are ugly. While the Volt relies on both a gas engine and electric power, the Spark is actually an electric-only vehicle, assumedly designed to compete with the all-electric Nissan Leaf which had sales of 22,610 for the year. The Spark EV did not compete well, with sales for 2013 coming in at only 589 for the seven months in which it was offered. Chevy Volt sales for the year also disappointed, coming in at 23,094 and down from...
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A recent study by fleetcarma.com unveils yet another drawback of General Motors' much-hyped Chevy Volt. It appears that the environmentally-conscientious, affluent owners of the vehicles who drive in cold weather will get about half of the electric range, on average, of those who drive in warmer climates. Fleetcarma charted real-world data displaying an average electric range of approximately 20 miles for Volts driven during temperatures of about 25 degrees Fahrenheit. The owners of President Obama's favorite car who were under the impression that they would be helping Mother Earth by saving less than one gallon of gas a day at...
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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...
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