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

http://s1.reutersmedia.net/resources/r/?m=02&d=20120910&t=2&i=651361188&w=460&fh=&fw=&ll=&pl=&r=CBRE8890BQN00

“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

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