tag:blogger.com,1999:blog-4053585.post4059542636084676079..comments2024-03-26T17:44:07.430-04:00Comments on Viking Pundit: Erichttp://www.blogger.com/profile/15911276942829790135noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-4053585.post-34729692002165181472012-09-13T23:04:33.789-04:002012-09-13T23:04:33.789-04:00Post: When you factor in the $1.2 billion cost of...<i>Post: When you factor in the $1.2 billion cost of developing the Volt, GM loses tens of thousands of dollars on each model.</i><br /><br />Indeed - which is why it's ridiculous to factor in the development cost in a "world ends today" manner that no longterm business uses. <br /><br />The Prius was originally sold for less than half of cost, and was unprofitable for years and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-78167519059361494232012-09-13T22:56:01.268-04:002012-09-13T22:56:01.268-04:00That's an opinion piece, not an analysis. It ...That's an opinion piece, not an analysis. It does nothing to refute Nigel's point.<br /><br />I do think there is a desire on the right for GM to fail to validate the article of faith that everything Obama does is bad or failed. I base this on the glee with which these skewed analyses are presented.<br /><br />This faith is why otherwise rational people forget how to do a cost analysis,Nigel Tufnelnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-81556948709937166452012-09-13T22:08:27.226-04:002012-09-13T22:08:27.226-04:00Nigel,
Here's today's WashPost:
"T...Nigel,<br /><br />Here's today's WashPost: <br /><br />"The Energy Department study assumed that General Motors would produce 120,000 plug-in hybrid Volts in 2012. GM never came close to that and recently suspended Volt production at its Hamtramck, Mich., plant, scene of a presidential photo-op. So far, GM has sold a little more than 21,000 Volts, even with the help of a $7,500 tax Erichttps://www.blogger.com/profile/15911276942829790135noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-76439544536630973752012-09-12T15:42:51.697-04:002012-09-12T15:42:51.697-04:00Re-elect Obama, he'll pay for your Volt.Re-elect Obama, he'll pay for your Volt.siacd999noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-55944754749351564012012-09-12T00:06:13.593-04:002012-09-12T00:06:13.593-04:00Vike, your response isn't even contradicting w...Vike, your response isn't even contradicting what Lutz is saying.<br /><br />This fundamentally flawed analysis of the Volt is splattered all over conservative blogs with a gleeful abandon not seen since the Shirley Sherrod 'expose'.<br /><br />The right <i>wants</i> GM to fail.<br /><br />Excelsior!Nigel Tufnelnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-28426712350979561362012-09-11T20:53:05.443-04:002012-09-11T20:53:05.443-04:00So screw you, documented history of manufacturing!...So screw you, documented history of manufacturing! I want what I want NOW!<br /><br />Complaining about the investment cost of green cars one day after complaining about the soaring price of gas? You should be on cable TV.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-81696562967957917272012-09-11T19:32:27.535-04:002012-09-11T19:32:27.535-04:00Who you gonna believe? Bob Lutz or your lying eyes...Who you gonna believe? Bob Lutz or your lying eyes...and the VP from GM:<br /><br />“It’s true, we’re not making money yet” on the Volt, Doug Parks, GM’s vice president of global product programs told Reuters. The car “eventually will make money. As the volume comes up and we get into the Gen 2 car, we’re going to turn (the losses) around.”<br /><br />Yes, and in the long run, we're all dead.Erichttps://www.blogger.com/profile/15911276942829790135noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-11273335317141586112012-09-11T15:02:37.226-04:002012-09-11T15:02:37.226-04:00The suspension begins next week, and lasts four we...The suspension begins next week, and lasts four weeks. There are twelve weeks of existing Volts in GM's current inventory.<br /><br />But it's true: one day they will stop making new Volts. And on that day, all of its costly design developments will be instantly forgotten, never to be used again. That's basic Car Making 101.Beep Beepnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-23710602910315988492012-09-11T12:37:42.453-04:002012-09-11T12:37:42.453-04:00Nice spin by Lutz.
Of course your R&D is par...Nice spin by Lutz. <br /><br />Of course your R&D is part of the cost of the car. Only a bunch of idiots in the process of driving their company into bankruptcy again would think otherwise. That R&D will never be recovered given the Volt's current production suspension. <br /><br />I'm guessing that production will only resume if Obama is reelected - and most of the sales will Bramnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-80155147781069475342012-09-11T09:21:29.634-04:002012-09-11T09:21:29.634-04:00From the MSM Lib Pinkos over at Forbes.com:
The R...From the MSM Lib Pinkos over at Forbes.com:<br /><br /><i>The Real Story On GM’s Volt Costs<br />By BOB LUTZ<br /><br />General Motors Chevrolet Volt <br /><br />I was surprised to read Ben Klayman’s piece on alleged astronomical per-unit losses on the Chevrolet “Volt.” Ben is usually a solid professional who checks his facts.<br /><br />The statement that GM “loses” over $40K per Volt is Nigel Tufnelnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-81596611691695330602012-09-11T01:09:09.220-04:002012-09-11T01:09:09.220-04:00Read the comments on your Truth About Cars link. ...Read the comments on your Truth About Cars link. Plenty of instructive context and commentary, though much of it spoils the spin. <br /><br />The incorrect, business-ignorant "GM loses X dollars on every car it sells!" line is widely and properly shredded. Anonymousnoreply@blogger.com