GM's Volt: The Ugly Math Of Low Sales, High Costs

Discussion in 'Politics' started by Lovebears65, Sep 10, 2012.

  1. Lovebears65
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    Lovebears65 Gold Member

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  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    GM not the only one sufferin' from global economic slowdown...
    :mad:
    GM discounts electric Chevrolet Volt up to $10,000
    Sep 22, 2012 - General Motors is offering big discounts to boost sales of the Chevrolet Volt, a plug-in extended-range electric car that struggled to attract buyers until its price began dropping early this year.
    See also:

    Ford to axe 'hundreds' of jobs in Europe
    25 September 2012 - Ford is hoping to revive sales in Europe
     
  3. SniperFire
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    SniperFire Senior Member

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    but... but... the peoples. Obama he wuvs the peoples!!
     
  4. BlindBoo
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    BlindBoo Gold Member

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    This story was debunked the day after it came out.

    Lutz points out the same factor we did, which is that a product's true unit cost is based on to the total number produced over the product's lifetime. In other words, GM hasn't calculated its figures based on the 21,500 sold so far, but on a much greater number over the life of the vehicle.

    What Lutz doesn't mention, but a commenter on our original article reminds us, is that the Volt's development costs are also shared with other variants of the Volt sold overseas--the Opel and Vauxhall Ampera in Europe, and the Holden Volt in Australia. Detail changes aside the cars are near-identical, so a true figure must include these vehicles.

    In defense of the Chevy Volt: How much does it really cost GM? - CSMonitor.com
     

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