Volt Losing As Much As $49,000 per Car

[Space Racer]

http://www.reuters.com/article/2012/...88904J20120910

The lack of interest in the car has prevented GM from coming close to its early, optimistic sales projections. Discounted leases as low as $199 a month helped propel Volt sales in August to 2,831, pushing year-to-date sales to 13,500, well below the 40,000 cars that GM originally had hoped to sell in 2012.

Out in the trenches, even the cheap leases haven't always been effective.

A Chevrolet dealership that is part of an auto dealer group in Toms River, New Jersey, has sold only one Volt in the last year, said its president Adam Kraushaar. The dealership sells 90 to 100 Chevrolets a month.

The weak sales are forcing GM to idle the Detroit-Hamtramck assembly plant that makes the Chevrolet Volt for four weeks from September 17, according to plant suppliers and union sources. It is the second time GM has had to call a Volt production halt this year.

Obama should get a job as a stock analyst. He sure can pick 'em.

[royc]

GM's basic problem is that "the Volt is over-engineered and over-priced," said Dennis Virag, president of the Michigan-based Automotive Consulting Group.

The understatement of the year, if the advertisements are correct and volt owners hardly ever go to the pump, why not get rid of the engine, put in cheap and dependable chineese prismatic Lithium cells, and call it an electric car.

How do you know when you have a real electric vehicle......

When your not sitting at a gas pump.


Roy

[toocoolforschool]

Volt cannot compete with a Prius, the simple truth.

[qwerty hvac]

The only reason they built it was because of Obama.


Sent from my iPad using Tapatalk HD

[AStudent]

Obama wanted a more fuel efficient vehicle on the market for Americans.....a smart decision because we needed to complete with Toyota...but Chevy botched.

[bigtime]

We need to build more nuclear power plants and develope better electric cars. Stop sending our money to the middle east for oil. Put our people to work making energy, and use this energy to power our transportation. Stop dumping our money and people into that hell hole. Our goal should be to not send one penny to the middle east in 20 years.

[AStudent]

We need to build more nuclear power plants and develope better electric cars. Stop sending our money to the middle east for oil. Put our people to work making energy, and use this energy to power our transportation. Stop dumping our money and people into that hell hole. Our goal should be to not send one penny to the middle east in 20 years.

I agree

[hvacker]

A GM exec said in the paper that those numbers are not realistic as losses are distributed over the entire fleet. We can't forget many of GM's decisions and investments were made when a failed management was in place. When motavated, American engineering does just fine.

[AStudent]

I don't think there are any problems with the engineering of the volt....at least none that I have heard of....the car is just too pricey.

Toyota beat the price of the volt by over ten thousand dollars with the prius, then they released the prius c...which gets slightly better gas mileage than the prius and is six thousand dollars cheaper.

So once again we Americans live up to our name and over did it.

[Vinster]

I don't think there are any problems with the engineering of the volt....at least none that I have heard of....the car is just too pricey.

Toyota beat the price of the volt by over ten thousand dollars with the prius, then they released the prius c...which gets slightly better gas mileage than the prius and is six thousand dollars cheaper.

It just seems like the staus quo when it come to selling energy effecient products. Priced way to high for the most of the population. And to be honest with you, I wonder if the car companies really want to see electric cars do well, think about it, how many moving parts in a combustion engine 350ish? How many in a electric motor, 1?

[AStudent]

It just seems like the staus quo when it come to selling energy effecient products. Priced way to high for the most of the population. And to be honest with you, I wonder if the car companies really want to see electric cars do well, think about it, how many moving parts in a combustion engine 350ish? How many in a electric motor, 1?

This is true, all except for the prius and prius c, compare the prices of these cars to non electric cars.

[energy star]

"General Motors held a ceremony at its Detroit Hamtramck Assembly Plant on November 30, 2010, to introduce the first Chevrolet Volt off the assembly line."

The car has only been available to the public for less than 22 months. For BRAND new technology, a new car design, and having the consumer change his mindset concerning car propulsion, thats pretty good.

The Prius first went on sale in Japan in 1997.

And BTW, this car was in the works well before our current president took office.

[royc]

http://www.evtv.me/