Insight: GM's Volt: The ugly math of low sales, high costs

Discussion in 'Economy' started by Nova78, Sep 12, 2012.

  1. Nova78
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    Nova78 Silver Member

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    Insight: GM's Volt: The ugly math of low sales, high costs | Reuters

    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.

    Cheap Volt lease offers meant to drive more customers to Chevy showrooms this summer may have pushed that loss even higher. There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce.And while the loss per vehicle will shrink as more are built and sold, GM is still years away from making money on the Volt, which will soon face new competitors from Ford, Honda and others.

    Ouch ! Another Obama motors Green Flop.....
     
  2. Rshermr
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    Rshermr VIP Member

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    And there is Nova. Slobbering at the thought that GM may be having problems. Like all cons, he would like gm to go bankrupt and a million or so workers to be out of business. Typical. Un-american. But typical.
    Cons support the oil companies, who support the repubs in a really big way. No thought waves emanate from cons, telling them that costs go down on new technology, over time. They just want gm out of business.
     
  3. Nova78
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    Nova78 Silver Member

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    Na,the only un-american is anyone who votes for Obama the socialist.....
     
  4. Rshermr
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    Rshermr VIP Member

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    And another con tool spouts his drivel, unable to make anything like a rational sound.
     
  5. Nova78
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    Nova78 Silver Member

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    Hey, wipe that Obama cock drool off your lip.....:eusa_whistle:
     
  6. expat_panama
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    expat_panama Silver Member

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    GM lasted a century and grew to be the world's largest corp worth 50 billion. A great run and its day was done. Just before it died Obama & Co. took over and GM immediately became worthless; the justification was that with my tax dollars he could at least make GM a billion dollar company. The good news is he succeeded and GM is in fact worth a $billion. The bad news is that he used $50 billion of my tax dollars to do it. Look Rsh, you're free push any goofy scheme you want. All I ask is that you do it with your own money and keep your hands off of my money.
     
  7. Rshermr
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    Rshermr VIP Member

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    you seem to have a fetish for blow jobs, dipshit. Must be projection.
     
  8. Rshermr
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    Rshermr VIP Member

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    So, if I have this correct. you would rather that something like a million of so people would be out of work, rather than to save a really major industry. As you may be aware, the auto bailout is being paid back. It will probably end up costing under $20B, Did you object to a month of blowing holes in the ground in Iraq? Of course not. But you have a stroke over about half a month of Iraq to save a million or so jobs in tne auto industry. Yep, that makes perfect sense.
    Yep. It really does. Because cons are incapable of rational thought. And expat, if ever I saw one, you are a con tool.

    Here. This may help:
    The right's stupidity spreads, enabled by a too-polite left | George Monbiot | Comment is free | The Guardian
     
  9. expat_panama
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    expat_panama Silver Member

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    You are absolutely right, that's what my preference would be if you had it correct. You probably realized that it isn't because you don't, and we need to get back to what I said about my money. We can look at what good all my money did for the employees and the industry:
    1. Obama's GM rescue cost $50 billion to temporarily prolong the company's existence.
    2. It's now worth $1 billion.
    3. That's a $49,000,000 expenditure.
    4. The rescue scheme saved 68,500 GM employees their jobs.
    5. No where near 'a million' jobs.
    6. $49,000,000,000 Ă· 68,500 = $715,328.47 for every single GM employee rescued.

    Think. With each $715,328.47 investment I've made on my own I've created dozens of jobs. With each $715,328.47 wasted in your goofy wasteful scheme you've created one. Now multiply that by 68,500. If numbers are any indication, I care a lot more about jobs and industry than you do.
     
  10. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    No they just want capitalism which is mostly anti-business since it causes about 30,000 business bankruptcies a year.

    Do you as a fool liberal want Barry to bailout all 30,000 failing companies every year or do you want to allow the creative destruction of capitalism?
     

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