I miss the 1/2 hr News hour...
btw...I'm rebuilding a 1988 Subaru Justy.....1.0 liters of 3 cylinder fury!
Crushing humanity, one post at a time.
I like long walks, especially when they are taken by people who annoy me.
Pop-Tart® found in drive D: Delete Kids? Y/n
Officially Noted By Agloco
Originally Posted by WC
"...but it was your assumption that assumed I made an assumption"
Originally Posted by boutons_deux
...you're not curious about anything outside of your close-minded, benighted blind ideology.
Chevy Volt wins drivers' hearts, gets top marks in satisfaction
Then again, having Chevy Volt owners evangelize about their cars in an ad designed to sell the plug-in hybrid is hardly a fair yardstick to gauge how Volt owners feel about their cars.
But a recent J.D. Power Survey has come to the same conclusion as GM’s own ad: drivers of the 2012 Chevrolet Volt are more satisfied with their new car than any other compact car buyer in the U.S. today.
RELATED: 10 coolest cars you've never heard of
In its recent 2012 Automotive Performance, Execution and Layout (APEAL) study, which examines owner impressions of their new car 90 days after purchase, J.D. Power and Associates discovered that Volt attracted the highest level of satisfaction in its segment.
In its impartial study, J.D. Power noted that the 2012 Chevrolet Volt was awarded a maximum of five stars for its Overall Performance and Design, Features and Instrument Panel, Style, Performance and Comfort.
Their 4-cyl boxer engines are pretty indestructible. Never seen a 3-cyl.
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.GM's quandary is how to increase sales volume so that it can spread its estimated $1.2-billion investment in the Volt over more vehicles while reducing manufacturing and component costs - which will be difficult to bring down until sales increase.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.linkIt currently costs GM "at least" $75,000 to build the Volt, including development costs, Munro said. That's nearly twice the base price of the Volt before a $7,500 federal tax credit provided as part of President Barack Obama's green energy policy.
Other estimates range from $76,000 to $88,000, according to four industry consultants contacted by Reuters. The consultants' companies all have performed work for GM and are familiar with the Volt's development and production. They requested anonymity because of the sensitive nature of their auto industry ties.
It's just too fucking expensive for a very small compact. That's keeping me out of one.
I think it gets even worse for Chevy with the $32,000 Ford C-Max Energi coming out.
Well all that glitters is not gold. They have a bright future, but for now the golden gate is closed.
SEIS DE Maynu!
Well it looks like the Lake(rs) done dried themselves up, but at least they have a fishing boat over on the lower left corner to keep them busy in the offseason. Looks like it needs a little cleaning, but I am sure that there are enough brooms to take care of that task.
I am riding in the MS150 for San Antonio in October of this year. Part of it includes raising funds that get donated to help fund MS research. If you would like to donate my team please go link and click the "Donate" button on the right of the screen. Thank you.
Fuck our team, clown!
The good news for GM is that they're still selling enough gas guzzlers to cover their losses on the Volt.
gasoline at $8/gal would fix everything.
sure it would, and it would fix all electric/hybrid sales, with the gas tax and cancelled BigOilGas tax expenditures going to pay for more battery, etc research, to fix the broken national electrical grid, etc, etc.
That 600 dollar car payment is not. Exchanging that flexibility for $450 in incremental savings might not be the easiest move.
Edit: true, but not sure that many people will look at it as such. If they did, then they would just take the bus.
speaking of which, I will say this, we might get a decent public transportation system outta that.
State: Sorry, your vehicle doesn't pass emission tests.
Mechanic: It will cost you $1200 to fix it.
GM disputes claim it loses $49,000 per Volt sale
A Reuters report Monday said GM's plug-in hybrid was a big money-loser. GM, though, disputed the contention, saying Reuters' research "is grossly wrong" and accusing the news agency of bad math. The automaker said the news agency incorrectly "allocated product development costs across the number of Volts sold instead of allocating across the lifetime volume of the program, which is how business operates.”
The debate over the cost of the Volt is highlighting how much of a lightning rod GM -- and the Volt -- have become since the automaker’s federal bailout in 2009 and as the presidential election approaches, analysts said.
The car, which travels about 35 miles on electric power before a gasoline engine kicks in and extends the range by another 300 miles, has become a political football and favorite target of "GM haters" who are angry over the federal bailout, said Thilo Koslowski, an automotive analyst at research firm Gartner Inc.
"The Volt as a brand has become politicized," said Jeremy Anwyl, vice chairman of auto information company Edmunds.com.
That's in part GM's fault because it made the Volt a poster child for why it deserved the federal bailout, he said. More recently, "GM alive, Bin Laden dead" has become a theme of President Obama's reelection campaign.
Plenty of vehicles besides the Volt lose money when their development costs are included in the analysis, analysts said.
Even Honda may lose money on its conventional gasoline engine-equipped Fit because the sub-compact has a small profit margin that is eaten up by the unfavorable exchange rate between the Japanese yen and the U.S. dollar, Anwyl said. All of the Fits sold in the U.S. are made in Japan.
“Toyota lost a lot of money in the beginning when it brought the Prius to the world,” Koslowski said. “This is particularly true for cars with new powertrain technology like the Volt.”
The Prius is now a big seller for Toyota, rivaling conventional family sedans such as the Hyundai Sonata and Ford Fusion is sales. With sales likely to top 200,000 this year, it has become one of the best-selling passenger cars in America.
GM has sold more than 13,000 Volts so far the year, about half the volume that it had expected, and plans to idle the plant for four weeks starting later this month.
While sales are slow, the car is still doing better than other new-technology vehicles.
and of course, Fox Repug Propaganda is pissing over the Volt, so you know the Volt's situation is a LOT BETTER than Fox lies.
Noticably absent from GM's rebuttal is any kind of number of their own. The number may not be -$49k per Volt, but they're definitely losing money on them.
"they're definitely losing money on them"
the article says ALL the new hybrid/electric vehicles, including the now-successful Prius, lost/are losing money. Why do you pick ONLY on the Obama-saved-GM Volt?
"extorting $50 billion"
There are currently 1 users browsing this thread. (0 members and 1 guests)