GM losing as much as $49,000 per volt sold
#41
Suzuka Master
#43
Senior Moderator
Acura.
Yeah, I said it.
The RLX is rumored to have 440 ft*lbs to go with the 370 hp. Now, I know that with a likely 4,000+ lb waist line, it won't be smoking any M5s, BUT when the NSX gets the same drive train but reversed, .
Yeah, I said it.
The RLX is rumored to have 440 ft*lbs to go with the 370 hp. Now, I know that with a likely 4,000+ lb waist line, it won't be smoking any M5s, BUT when the NSX gets the same drive train but reversed, .
#44
teh Senior Instigator
Join Date: Sep 2000
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i really like these, thinking of picking one up. Only thing holding me back is I have to park it outside and need to figure out where i'd plug it in.
#45
AZ Community Team
GM all along said it would not make profit on the Volt, they are creating their infrastructure in technology for future vehicles the same Toyota did with the 1G Prius.
The Volt pushed technology further than the Prius and are also riding a wave of media "fail". Most things in the auto press have been fairly positive.
#46
Senior Moderator
iTrader: (5)
Yes b/c they did spend that much on R&D. But no b/c you need to divide it not only by the total number of Volts that will be produced over its lifecycle as a model... but will also need to include total production numbers of any other car that ever uses this technology. Chevy/GM could, should, and likely will use this technology in other products over the upcoming decades... so there may be tens of millions of cars and trucks using what they have learned from this R&D. Need to include those numbers to if you want a "per vehicle" cost.
It's not as simple as dividing the number of Volts sold so far by $1 billion. Not even close...
The following 2 users liked this post by juniorbean:
phee (09-12-2012),
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#47
אני עומד עם ישראל
My wife wants to dump her Highlander for this, a Prius V, or the new Ford C-Max. Just plugging it in is an issue.
#48
The Third Ball
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Prius V is not a plug in.
#49
אני עומד עם ישראל
^ sorry, I should've been specific the Volt..
#55
Senior Moderator
#56
Senior Moderator
Now the losses could be even higher. It costs $60,000 to $75,000 to build a Volt, including development, manufacturing and raw materials, estimates Sandy Munro, president of Munro & Associates, a Troy, Mich., a company that analyzes vehicle production expenses for automakers.
...
[GM] says Munro's estimate is high because it doesn't spread the Volt's costs far enough into the future, when more Volts will be sold. Automakers typically spend $1 billion or more to develop a car, and sometimes don't recoup the investment and start making money until late in its life. Also, Volt technology will be used in future cars and trucks, eventually leading to profits, the company says.
"We're trying to create a market for a brand-new technology," Cain says.
...
[GM] says Munro's estimate is high because it doesn't spread the Volt's costs far enough into the future, when more Volts will be sold. Automakers typically spend $1 billion or more to develop a car, and sometimes don't recoup the investment and start making money until late in its life. Also, Volt technology will be used in future cars and trucks, eventually leading to profits, the company says.
"We're trying to create a market for a brand-new technology," Cain says.
This whole thread is full of stupid.
#59
Senior Moderator
I was one of them.
#60
AZ Community Team
Are Chevy Volts Really Cheaper and Cleaner? A Case Study
http://blogs.scientificamerican.com/...eally-cheaper/
Good article about one case of actual Volt experience
Good article about one case of actual Volt experience
#61
Senior Moderator
...my dad was in the market for something sporty, and my mom talked him... into a Volt.
#63
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