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Insight: GM's Volt: The ugly math of low sales, high costs
Reuters ^ | 9/10/12 | Bernie Woodall and Paul Lienert and Ben Klayman

Posted on 09/10/2012 5:03:05 PM PDT by Impala64ssa

click here to read article


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To: freedumb2003

>>You don’t want make a plug for it?<<

No - not really..:-)


21 posted on 09/10/2012 5:50:39 PM PDT by MasonGal
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To: MasonGal

Socket to him, MasonGal!


22 posted on 09/10/2012 6:08:30 PM PDT by arkady_renko
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To: Mister Da

“GM made a pact with the Devil & I’m not going to support it in any way.”

Exactly how I feel!!!

We just ordered a 2013 family sedan, and for damn sure it’s not a GM or Chrysler product, nor a hybrid.


23 posted on 09/10/2012 6:09:09 PM PDT by redfreedom (Just a simpleton enjoying the freedoms a fly-over/red state has to offer.)
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To: Impala64ssa

Let’s see...lose money on every car you manage to sell. Barry, what a great business plan! Absolutely brilliant!


24 posted on 09/10/2012 6:11:19 PM PDT by JPG (Make it happen.)
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To: Impala64ssa

If I understand this correctly. The care sells for $40,000

The Government gives you back a $10,000 dollar rebate on that car, and GM still loses $49,000 dolars a car?

Now that’s OBAMANOMICS.

They call this clown SMART?


25 posted on 09/10/2012 6:11:19 PM PDT by Venturer
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To: Impala64ssa

If I understand this correctly. The car sells for $40,000

The Government gives you back a $10,000 dollar rebate on that car, and GM still loses $49,000 dolars a car?

Now that’s OBAMANOMICS.

They call this clown SMART?


26 posted on 09/10/2012 6:11:31 PM PDT by Venturer
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To: Impala64ssa

I have never seen a Volt on the road. It sells that well.


27 posted on 09/10/2012 6:24:38 PM PDT by ilgipper
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To: Impala64ssa

I was waiting for Solyndra to throw in some free solar panels for the house before I make the jump.


28 posted on 09/10/2012 6:27:08 PM PDT by Dogbert41 ("...The people of Jerusalem are strong, because the Lord Almighty is their God" Zech. 12:5)
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Every time I see a dolt, I feel compelled to hide a wire somewhere between hot and frame with a nice resistor on it.


29 posted on 09/10/2012 6:36:51 PM PDT by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: All

Keep it up, y’all - I just love reading about current events.


30 posted on 09/10/2012 7:11:06 PM PDT by Charles Martel (Endeavor to persevere...)
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To: Impala64ssa

“GM is Alive...” Just like Bernie in Weekend at Bernies.


31 posted on 09/10/2012 7:37:46 PM PDT by Republican Wildcat
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To: Venturer

But of course - adding more to the negative side of the economic balance sheet than you do to the positive side of the balance sheet is how you obtain long term economic growth. Same way if you are having trouble with your current mortgage - the solution is to take out another mortgage so you have two to pay to improve your financial situation.


32 posted on 09/10/2012 7:40:45 PM PDT by Republican Wildcat
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To: Impala64ssa
Let's get serious and realistic:

The US Federal Government, using taxpayer money, bought General Motors Co sold a record number of Chevrolet Volt sedans in August.

Betcha by now Chevy wishes it had never come up with the Volt. Whatta kludge.

33 posted on 09/10/2012 7:50:39 PM PDT by upchuck (If nobama is reelected and gets to choose more SCOTUS judges, this country is finished.)
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To: Impala64ssa

To Obama, selling things for more than they cost is “success.” He loves screwing the taxpayers.


34 posted on 09/10/2012 8:20:28 PM PDT by grundle
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To: JPG
Let’s see...lose money on every car you manage to sell. Barry, what a great business plan! Absolutely brilliant!

This is a continuation in the long history of brilliant business decisions by government... Nearly as awesome as when the US government took over the Mustang Ranch, the legal NV brothel, after Joe Conforte's conviction. This was one of the most wildly profitable businesses in the state of Nevada. And the government ran it right into the ground. The US government LOST MONEY SELLING SEX!!!!!

Mark

35 posted on 09/10/2012 9:03:24 PM PDT by MarkL (Do I really look like a guy with a plan?)
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