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Keyword: chevyvolt

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  • GM plans to launch 10 electric cars in China by 2020

    04/21/2017 7:29:43 AM PDT · by Olog-hai · 5 replies
    Associated Press ^ | Apr 21, 2017 8:24 AM EDT
    General Motors Co. says it plans to launch 10 electric and gasoline-electric hybrid vehicles in China by 2020 amid government pressure on the industry to promote alternatives to gasoline. The president of GM’s China unit, Matt Tsien, said Friday during the Shanghai auto show that the company will start production of a pure-electric model in China within two years. …
  • Chevy Volt 'Father' Bob Lutz Changes Tune on Electric Vehicles

    12/14/2015 10:49:04 AM PST · by jazusamo · 32 replies
    NLPC ^ | December 14, 2015 | Mark Modica
    When Bob Lutz speaks, automotive journalists listen. Well, at least they usually do. When a recent Automotive News roundtable discussion showed Lutz blasting General Motors' Chevy Bolt (and electric vehicles like it), mainstream journalists failed to pick up on the story. Lutz was right on the money when he exposed the EV folly, which is costing automakers billions of dollars and driving up prices of conventional, gas-powered vehicles. Bob Lutz certainly has credibility in the automotive world. As an ex-GM executive he was known as the father of the Chevy Volt, a taxpayer-subsidized vehicle that I have had plenty...
  • FLASHBACK: Chevy Volt Costing Taxpayers Up to $250K Per Vehicle

    11/12/2015 7:32:17 AM PST · by MichCapCon · 13 replies
    Michigan Capitol Confidential ^ | 11/11/2015 | Tom Gantert
    Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy. Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors’ plug-in hybrid electric vehicle. His analysis included 18 government deals that included loans, rebates, grants and tax credits. The amount of government assistance does not include the fact that General Motors is currently...
  • Truck, SUV profits push GM 1Q profit 8 times above year ago

    04/23/2015 6:28:45 AM PDT · by Olog-hai · 15 replies
    Associated Press ^ | Apr 23, 2015 8:35 AM EDT | Tom Krisher
    First-quarter profit at General Motors rose nearly eight times above a year ago as U.S. consumers spent big on pickups and SUVs and the company didn’t have to set aside a huge stack of money to pay for recalls. The Detroit automaker said it made $945 million, as consumers got used to lower gasoline prices and decided to buy bigger vehicles. That’s right in GM’s sweet spot, with trucks such as the Chevrolet Silverado pickup and Cadillac Escalade large SUV. Profit margins on the trucks are sizable, with analysts estimating that GM makes more than $10,000 per vehicle. In the...
  • GM to pause production of Chevy Volt as sales slow (1874 Volts sold in the entire 1Q)

    04/09/2015 4:19:03 PM PDT · by Red in Blue PA · 101 replies
    General Motors will stop making the Chevrolet Volt for four weeks in June and July due to slow sales and to deal with the change to an all-new version of the gas-electric hybrid car. The company says the Detroit-Hamtramck plant that makes the Volt and four other cars will probably stay open through the summer despite plans for the Volt. The factory also is undergoing construction so it can build a new full-size Cadillac CT6 and the 2016 Volt starting late in the summer. Sales of electric and hybrid cars have slowed this year, largely due to low gasoline prices....
  • GM confirms Bolt 50-state electric car built in Mich. (a new ObamaMobile!)

    02/12/2015 8:04:07 AM PST · by GodAndCountryFirst · 47 replies
    Reuters ^ | 02/12/15
    General Motors Co (GM.N) said Thursday it will build the Chevrolet Bolt electric car at an assembly plant near Detroit, where it will invest $200 million for the project. The compact Bolt, shown as a concept vehicle at the Detroit auto show last month, is designed to have a range of 200 miles, and will cost about $30,000 apiece after tax breaks. GM's announcement confirms a report last week by Reuters that the Bolt would be produced at the under-used Orion assembly plant in Michigan. The only electric car currently available with a 200-mile range is the Tesla Model S,...
  • GM shows Bolt electric vehicle concept with 200-mile driving range (from Volt to Bolt)

    01/12/2015 6:23:09 AM PST · by Olog-hai · 117 replies
    Reuters ^ | Mon Jan 12, 2015 8:51am EST | Ben Klayman and Joe White
    General Motors Co on Monday showed its Chevrolet Bolt concept car with an electric driving range of more than 200 miles and a $30,000 price tag, offering a view into where the U.S. automaker is pushing in development of electric vehicles (EV). The all-electric Bolt is a concept car not currently slated for production, but Chief Executive Officer Mary Barra said the company is committed to developing an affordable long-range EV, and GM said they could develop the car in as little as 18 months. “This is a real game changer,” Barra told reporters at the media preview at the...
  • What If Chevy Volts Were Mortgages? (Long Article)

    09/07/2014 6:52:23 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | September 7, 2014 | John Ransom
    Truth001 wrote: No John GWB destabilized the region by marching into Iraq in the first place all in the name of Oil. Obama was only trying to clean up the mess President Bush and VP Cheney left behind. Remember "mission accomplished" 10 years later, 4000+ soldiers dead and 1.5 trillion dollars later. Obama has been trying to avoid another Iraq disaster like every since he has been in office. - The Foreign Policy of the Three StoogesDear Comrade Pravda,How do you explain the destabilization of Libya, then? Or Afghanistan? Or Pakistan? Or Egypt? Or Ukraine? Were those all George BushÂ’s...
  • Chevy Volt Resale Values Plunge as Lease Returns Hit Market

    08/08/2014 9:06:15 AM PDT · by jazusamo · 46 replies
    NLPC ^ | August 8, 2014 | Mark Modica
    It has been two years since General Motors admitted that there was little demand for the Chevy Volt (as reported here)due to there being "no plug-in market." Their answer was to "create market" to drive sales for the politically popular but economically-nonviable Volt. GM manipulated sales for the Volt through the use of subsidized leases at a time when President Obama's favorite, green wonder-car was being criticized for low sales as it failed to live up to the early hype. GM was able to use taxpayer money in the form of electric vehicle tax credits to help drive down...
  • The Chevy Volt: One Part Social Security, Two Parts Postal Service

    06/08/2014 5:59:32 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | June 8, 2014 | John Ransom
    As many already know, the Ransom Notes and Townhall Finance Worldwide HQ is moving to the West Coast this month to better serve our readership. Please bear with me, while we get moved. Georgia Boy wrote: Actually, President Obama has not raised taxes on anybody, but I think he will raise taxes on the wealthiest (back to historic levels) when he gets his second term. That said, Ransom is just another Rat-wing speculation, pretty much full of bovine manure. -France’s “No Limit” Tax Perfect for Zero Dear Comrade Boy Georgia, You’re right about Obama wanting to bring taxes to historic...
  • ObamaCar Replacement Batteries Cost $34,000 According to GM Dealers

    03/08/2014 5:27:27 AM PST · by Kaslin · 43 replies
    Townhall.com ^ | March 8, 2014 | John Ransom
    Here’s the good news about the ObamaCar known as the Chevy Volt: There haven’t been any reported fires connected with the ObamaCar since the company recalled 8,000 of the electric vehicles—that’s one in six vehicles. That is no fires, if you don’t count the people who’ve been “fired” from the Volt production line as sales continue to make Obama’s “one million” electric car promise just another broken dream in a crooked scheme. Obama promised that by the time he finished as president, he’d put a million electric cars on the road. Thankfully, he won’t quite make it. No telling...
  • The Electric Car Boondoggle (Cost comparisons)

    02/22/2014 10:58:52 AM PST · by jazusamo · 51 replies
    American Thinker ^ | February 22, 2014 | Matthew Hurwitz
    There are two electric cars on the market that have received a lot of attention in the media. One is GM's Chevy Volt and the other is the Tesla Model S. Extravagant claims have been made by both manufacturers to have us believe that these that these automobiles are practical and economical to drive. As we shall see, that is not really true when one takes into account all the factors which contribute to the total operating cost of each of these two vehicles. Chevy VoltThe manufacturer claims that "The Chevy Volt is the most fuel-efficient car with a gasoline...
  • Dismal Chevy Spark EV Sales Make the Volt Look Good

    01/10/2014 1:28:22 PM PST · by jazusamo · 31 replies
    NLPC ^ | January 10, 2014 | Mark Modica
    The final tallies for 2013 sales are in for the Chevy Volt and its little sister, the Chevy Spark EV. The results are ugly. While the Volt relies on both a gas engine and electric power, the Spark is actually an electric-only vehicle, assumedly designed to compete with the all-electric Nissan Leaf which had sales of 22,610 for the year. The Spark EV did not compete well, with sales for 2013 coming in at only 589 for the seven months in which it was offered. Chevy Volt sales for the year also disappointed, coming in at 23,094 and down from...
  • Chevy Volt Electric Range Drops to 20 Miles in Cold

    01/03/2014 9:55:59 AM PST · by jazusamo · 49 replies
    NLPC ^ | January 1, 2014 | Mark Modica
    A recent study by fleetcarma.com unveils yet another drawback of General Motors' much-hyped Chevy Volt. It appears that the environmentally-conscientious, affluent owners of the vehicles who drive in cold weather will get about half of the electric range, on average, of those who drive in warmer climates. Fleetcarma charted real-world data displaying an average electric range of approximately 20 miles for Volts driven during temperatures of about 25 degrees Fahrenheit. The owners of President Obama's favorite car who were under the impression that they would be helping Mother Earth by saving less than one gallon of gas a day at...
  • Taxpayers Pay $176 per Gallon of Gas “Saved” by Chevy Volt

    11/22/2013 8:38:27 AM PST · by jazusamo · 21 replies
    NLPC ^ | November 22, 2013 | Mark Modica
    I have to hand it to General Motors and those Chevy Volt supporters who continue to come up with creative ways to espouse the virtues of the slow selling and heavily subsidized vehicle. They just won't give up. The latest figures being presented in political fashion utilize large numbers that, on the surface, appear impressive. When analyzed, the figures give more insight into just how much taxpayer money is being wasted on green subsidies, particularly on electric vehicles (EVs). Sound the trumpets! According to Green Car Reports, the Chevy Volt has saved 17 million gallons of gas to date. Now...
  • Chevy Volt Sales Plunge; Cost to Taxpayers $15 Million in October

    11/05/2013 10:12:37 AM PST · by jazusamo · 20 replies
    NLPC ^ | November 5, 2013 | Mark Modica
    General Motors had another disappointing month of sales for its much-hyped green wonder-car in October. Sales for the Chevy Volt plunged over 31 percent from last year, down to 2,022 units for the month. To put that number in perspective, Toyota sells that many Toyota Camrys in about two days. Or, GM is selling less than one Volt per Chevy dealership per month. Despite the dismal sales figures, the loss to taxpayers for federal tax credits of $7,500 per vehicle that go to the wealthy buyers of Volts tallies out to $15,165,000 in October. If GM had come anywhere close...
  • GM's Advertising Identity Crisis Hurting Sales (FR thread linked)

    10/17/2013 11:01:55 AM PDT · by jazusamo · 49 replies
    NLPC ^ | October 17, 2013 | Mark Modica
    It looks like General Motors is going through an identity crisis as its marketing strategy has flip-flopped by changing its targeted audience. The new General Motors' truck ad, "Strong," targets conservatives by honoring a heroic and manly GM truck buyer with lyrics that describe him as a "love one woman for all his life" type of guy who arrived at work on time for twenty straight years. The rugged, heterosexual identity of today's GM differs greatly from last year's politically correct version when the company won praise for running a "gay" Chevy Volt ad and for flying rainbow banners to...
  • Chevy Volt September Sales Plunge - Cost Taxpayers over $13 Million

    10/02/2013 8:54:40 AM PDT · by jazusamo · 12 replies
    NLPC ^ | October 2, 2013 | Mark Modica
    General Motors reported unimpressive sales results for the month of September as sales fell 11%. Core division, Chevrolet, performed the worst with sales down almost 15% year over year. Within that division, sales for the much-hyped Chevy Volt could not even be propped up with its recent $5,000 price cut as results declined to a measly 1,766 units (less than one per dealership) in September. That is a decline of over 38% year over year and just over half of what sold in the previous month. The floundering sales of the Volt saved taxpayers some money over August when federal...
  • Volt Sales in August Cost Taxpayers Over $25 Million

    09/10/2013 9:46:40 AM PDT · by jazusamo · 4 replies
    NLPC ^ | September 9, 2013 | Mark Modica
    It looks like General Motors is attempting to make up for the money it loses on every Chevy Volt in volume as August sales, spurred by recent price cuts, reached an all-time high of 3,351. The fact that the car has been on the market for about three years and initial much-hyped proclamations from GM would have put sales at 20,000 per month by now goes unrecognized by those that think 3,351 vehicles is a lot of cars to sell in a month. To put the sales in perspective, it took Toyota about 2 ˝ days to sell that many...
  • The Twenty Percent President on the Chevy Volt

    08/18/2013 11:08:35 AM PDT · by jazusamo · 25 replies
    Townhall.com Finance ^ | August 18, 2013 | Political Calculations
    According to the carefully crafted plan of the Obama administration, there would be one million electric cars cruising around America's streets and highways by 2015. According to the plan, almost half of those vehicles would be Chevrolet Volts. So how well are President Obama's industrial policy plans working out in the real world? The easiest way to find out is to count up the number of Chevrolet Volt sales over time. Electric vehicle industry observer InsideEVs provides a monthly scorecard of the number of sales recorded for each primarily electricity-powered automobile in the U.S., from which we extracted the...