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GM ad campaign comes to Volt's defense
CNN Money ^ | January 24, 2012 | By Peter Valdes-Dapena

Posted on 01/25/2012 2:04:10 PM PST by Oldeconomybuyer

(CNNMoney) -- Now that the National Highway Traffic Safety Admin station has closed its investigation into vehicle fires in the Chevrolet Volt, General Motors is left to clean up the public relations damage.

The media counter-attack started Wednesday with newspaper and television advertisements. In a TV ad, which was also broadcast Wednesday, Chevrolet Volts are shown being built on an assembly down the middle of a suburban American street.

Since Volt sales are so small, to begin with, and GM executives have admitted that the car isn't profitable, the automaker's ad campaign will cost it more than it will ever gain from any resulting Volt sales.

Really, this is about corporate image, not just selling Chevy Volts, said Jeremy Anwyl, head of the automotive Web site Edmunds.com. GM made a big deal out of this vehicle, so the automaker needs it to succeed, irrespective of profits.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: governmentmotors; porkulus; sparky; volt

 

"The automaker needs it to succeed, irrespective of profits."

1 posted on 01/25/2012 2:04:14 PM PST by Oldeconomybuyer
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2 posted on 01/25/2012 2:06:21 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: Oldeconomybuyer
Since Volt sales are so small, to begin with, and GM executives have admitted that the car isn't profitable, the automaker's ad campaign will cost it more than it will ever gain from any resulting Volt sales.

Just like a well oiled government machine.

3 posted on 01/25/2012 2:10:01 PM PST by USNBandit (sarcasm engaged at all times)
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To: USNBandit
....the automaker needs it to succeed, irrespective of profits.

Kind of answers the question of why they needed a bailout in the first place, doesn't it.

4 posted on 01/25/2012 2:12:40 PM PST by USNBandit (sarcasm engaged at all times)
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To: Oldeconomybuyer
Sometimes when the poor image about a product is set in the public mind, it is better to just cut bait. The fact that GM is going in the red trying to prop this loser up shows how much incompetence is still at GM.


5 posted on 01/25/2012 2:14:14 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: Oldeconomybuyer
That reminds me of the old manufacturer who lost a dollar on each unit he produce. When ask how he made up the loss, he said "volume."

Obama is an idiot and is just p!ssing away our future on stupid ideas.

Volt indeed! Even the workers know it's a joke!

6 posted on 01/25/2012 2:15:41 PM PST by RoosterRedux (Newt: "Why vote for the guy who lost to the guy who lost to Obama?")
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To: Oldeconomybuyer

7 posted on 01/25/2012 2:21:32 PM PST by Zakeet (If Obama had half a brain, his butt would be lopsided)
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To: Oldeconomybuyer

Like so many things in this magic negros bag of magic tricks, the Volt is a LOSER.
Hey G.M. Up yours, I’ll NEVER buy another G.M. or Chrysler.


8 posted on 01/25/2012 2:47:32 PM PST by Joe Boucher ((FUBO))
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To: Oldeconomybuyer

so, lessee if I got this right . . . . . . all GM needs to fix an overpriced piece of crap that no one wants is a new advertising campaign!!???

Neat-o . . . HEY!!! Are those PIGS flying across the moon!!????


9 posted on 01/25/2012 4:01:22 PM PST by DustyMoment (Congress - Another name for white collar criminals!!)
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To: Oldeconomybuyer

Hi, we are Government Motors and we are here to tell you the government says our car is safe.


10 posted on 01/25/2012 4:50:41 PM PST by razorback-bert (Some days it's not worth chewing through the straps.)
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