“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. 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. GM is still years away from making money on the Volt, which will soon face new competitors from Ford, Honda and others.”
http://www.reuters.com/article/2012/09/10/us-generalmotors-autos-volt-idUSBRE88904J20120910
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
CIA operators were denied request for help during Benghazi attack
A look inside the federal civil forfeiture process
Georgia officers on paid vacation after tossing coin in arrest decision
Airlines made windfall profits after EU freeze on carbon taxes
U.S. Embassy in Yemen stormed; new protests reported at other embassies
Are we on the brink of war? 1914 past and 2014 present compared
Goldman Sachs quarterly profits more than double to $1.93bn
California Drains Reservoirs in the Middle of a Drought [May 2014]
Multiple Canadians denied entry to U.S. based on phone searches
W.H.O. lists bacon alongside cigarettes, asbestos as carcinogens
Meet Tian Yu: The woman who nearly killed herself making your iPad
Home Lending Plunges to 17-Year Low; Higher Rates Curtail Borrowing
Coroner slams handling of Kendrick Johnson case
Thanks, IPhone: Demise of the Desk Phone Means No End to the Workday
Swiss government blocks arms sales to U.S. over human rights concerns