“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:
Russian central bank to keep buying gold
A potentially powerful new antibiotic is discovered in dirt
Russia defiant as U.S. raises pressure over Snowden
‘Sovereign citizen’ movement, 30,000 strong, worrying Canadian officials
All-seeing eyes focus on the sea
A million engineers in India struggling to get placed in an extremely challenging market
Report: Assad agreed to quit on own conditions, US refused
US Credit Rating Cut by Egan-Jones to AA-
Pentagon restricts release of Afghanistan war data
The best and worst states for taxpayers
Dutch woman arrested for ‘recruiting Syrian jihadists’ to fight alongside rebels
New Hampshire cop to plead guilty to sexually assaulting a teenager
San Diego cop kills service dog after knocking on wrong door
Mark Carney: Canadian deposits safe under bail-in, but no guarantee
Can the military save America's ranchers?