GM Bleeding Cash ($49,000) On Every V...

GM Bleeding Cash ($49,000) On Every Volt Sold!!

Posted in the Autos Forum

Proteus

Windsor, Canada

#1 Sep 12, 2012
Looks like all's not quite what the Volt supporters claim.

http://business.financialpost.com/2012/09/10/...
Proteus

Windsor, Canada

#2 Sep 12, 2012
In all fairness, this could probably be said for all the EVs on the market today.
Proteus

Windsor, Canada

#3 Sep 12, 2012
One obvious way to pull down Volt costs is to push up volume — but GM is paying a hefty price to do so.
The automaker just ended a special Volt lease program that offered customers a low monthly payment of $279 a month for two years, with some high-volume dealers dropping the payment to $199 a month after receiving incentive money from GM, with down payments as low as $250.
The company said about two-thirds of Volt customers in July and August leased their vehicles, compared with about 40 percent earlier this year.

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