Sales of Chevy Volts triple in one year.

  1. You have chosen to ignore posts from 12-Angry-Men. Show 12-Angry-Men's posts

    Sales of Chevy Volts triple in one year.

    GM sold 23,461 Volts in 2012 compared with just 7,671 in 2011. While it's an impressive jump, the Volt is still one of Chevy's lowest-selling cars. However, the Volt greatly outdid the Corvette, for instance, of which only 14,000 were sold last year.

    Its 2012 sales also put the Volt well ahead of its nearest competitor, the Nissan Leaf. Nissan sold about 9,800 Leafs in 2012, an increase of just 1.5% over 2011. Still, Nissan pointed out, it was a record year for Leaf sales.

     
  2. You have chosen to ignore posts from WhichOnesPink2. Show WhichOnesPink2's posts

    Re: Sales of Chevy Volts triple in one year.

    the Volt is still one of Chevy's lowest-selling cars. oh but hey...it beat out the Corvette...hahaha...what's the next comparison going to be? The Chevy Pinto??? One is about as relevant as the other...

     
  3. You have chosen to ignore posts from 12-Angry-Men. Show 12-Angry-Men's posts

    Re: Sales of Chevy Volts triple in one year.

    And yet no one claims that the Corvette is a failure.

    Most people agree it is an iconic American muscle/sports car.

     
  4. You have chosen to ignore posts from WhichOnesPink2. Show WhichOnesPink2's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to 12-Angry-Men's comment:

    And yet no one claims that the Corvette is a failure.

    Most people agree it is an iconic American muscle/sports car.



    Was

     
  5. You have chosen to ignore posts from UserName99. Show UserName99's posts

    Re: Sales of Chevy Volts triple in one year.

    Didn't just outsell the Vette.  It outsold nearly half of all car models sold in the US.

     

    http://www.forbes.com/sites/jimgorzelany/2012/09/24/august-chevrolet-volt-sales-redefine-failure/

     
  6. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Sales of Chevy Volts triple in one year.

    As predicted, the massive failure of the Chevy Volt has been redeemed, by sales to the Government !

    Government purchases of GM vehicles rose 32% from last year.

    So the Government is bailing out-- the failed GM auto bailout!

    The Volts purchased by the Pentagon may be more cost efficient than drone missiles...when donated to Al Qaeda, the Volt will randomly  will catch fire and blow up spontaneously...

    "This is not the first time we've heard of the US government boosting the automaker's sales figures by buying up GM vehicles.  Already, we know that the government's purchase of GM vehicles rose by 79% in June of 2012, so there's no telling how much money the feds are dumping into buying GM at this point.  In the last 3 years, this tactic seems to have been commonplace:

    The Pentagon's massive car-buying scheme is the latest example of government trying to help GM raise its sales volumes. The General Services Administration of Las Vegas fame purchased 100 Volts in 2011 for various agencies.€

    Sadly, it still seems as if the automaker is failing, especially in regards to the Chevy Volt.  The Volt has been the Obama administrations pride and joy.  However, it seems to be costing GM almost $50,000 for every Volt they sell.

    To put that into perspective, if the US military is buying 1,500 Volts and GM loses $50,000 for every car they sell, then GM will have lost $75 million over trying to inflate a statistic to make the O Team look competent --all through the use of American taxpayer dollars.  We are still bailing out GM.

     
  7. You have chosen to ignore posts from WhichOnesPink2. Show WhichOnesPink2's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to UserName99's comment:

    Didn't just outsell the Vette.  It outsold nearly half of all car models sold in the US.

     

    http://www.forbes.com/sites/jimgorzelany/2012/09/24/august-chevrolet-volt-sales-redefine-failure/



    133rd place ranking. Guess you're of the "everyone wins" generation. 

     
  8. You have chosen to ignore posts from 12-Angry-Men. Show 12-Angry-Men's posts

    Re: Sales of Chevy Volts triple in one year.

    Interesting;

    If indeed the Volt is a “failure,” as some of its critics have contended, we’re sure there’s several auto executives out there that would like many of their slower-selling models to suffer the same fate.

    Still, the Volt’s ranking placed it ahead of industry stalwarts like the Audi A6, BMW 7-Series, Porsche Cayenne and Mercedes-Benz S-Class, and it outsold most hybrids including the Toyota Prius plug-in, Honda Civic, Kia Optima, Toyota Highlander and Lexus RX 450h.

     
  9. You have chosen to ignore posts from WhichOnesPink2. Show WhichOnesPink2's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to 12-Angry-Men's comment:

    Interesting;

    If indeed the Volt is a “failure,” as some of its critics have contended, we’re sure there’s several auto executives out there that would like many of their slower-selling models to suffer the same fate.

    Still, the Volt’s ranking placed it ahead of industry stalwarts like the Audi A6, BMW 7-Series, Porsche Cayenne and Mercedes-Benz S-Class, and it outsold most hybrids including the Toyota Prius plug-in, Honda Civic, Kia Optima, Toyota Highlander and Lexus RX 450h.

    Hmmmmm...funny how you left a part out of your cut-and-paste job. It certainly wasn't by mistake. Allow me to help you out


    Still, the Volt’s 133rd-place ranking placed it ahead of industry stalwarts like the Audi A6, BMW 7-Series, Porsche Cayenne and Mercedes-Benz S-Class, and it outsold most hybrids including the Toyota Prius plug-in, Honda Civic, Kia Optima, Toyota Highlander and Lexus RX 450h.

     
  10. You have chosen to ignore posts from 12-Angry-Men. Show 12-Angry-Men's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to ComingLiberalCrackup's comment:

    As predicted, the massive failure of the Chevy Volt has been redeemed, by sales to the Government ! So the Government is bailing out-- the failed GM auto bailout! The Volts purchased by the Pentagon may be more cost effieicnet than drone missiles...when donated to Al Qaeda, the Volt will randomly  will catch fire and blow up spontaneously... "This is not the first time we’ve heard of the US government boosting the automaker’s sales figures by buying up GM vehicles.  Already, we know that the government’s purchase of GM vehicles rose by 79% in June of 2012, so there’s no telling how much money the feds are dumping into buying GM at this point.  In the last 3 years, this tactic seems to have been commonplace:

    The Pentagon’s massive car-buying scheme is the latest example of government trying to help GM raise its sales volumes. The General Services Administration of Las Vegas fame purchased 100 Volts in 2011 for various agencies.”

    Sadly, it still seems as if the automaker is failing, especially in regards to the Chevy Volt.  The Volt has been the Obama administration’s pride and joy.  However, it seems to be costing GM almost $50,000 for every Volt they sell. To put that into perspective …if the US military is buying 1,500 Volts and GM loses $50,000 for every car they sell, then GM will have lost $75 million over trying to inflate a statistic to make the ‘O Team’ look competent …all through the use of American taxpayer dollars.  We are still bailing out GM.




    Ummmm, ya about that....seems ya should've included the article update.

    Update: GM sales spokesman, Jim Cain, points out that total government sales for GM in June were still below 5% of total sales and majority of government sales increases were attributed to state and local governments.

     

    And then there's those pesky facts again.

    Second, the fact that the U.S. military want to buy the Volt means that it views the plug-in hybrid as a sturdy and reliable car that can help it reduce its fuel bill.

    That’s because like any government organization, procurement in the U.S. military is a long, complex process.

    This isn’t the first time that the U.S. military has purchased Volts either. Earlier this year, the Marine Corps Air Station in Miramar, California, purchased two Volts, while 18 Volts will soon head to the Andrews Airbase in Maryland, where Air Force One is based.

    If the U.S.-made Chevrolet Volt helps cut down dependence on oil, and lowers the U.S. military’s fuel budget, doesn't that make it the ultimate patriotic car?

     

     

    Ya, ya, I know it's Obama in the Oval Office personally filling out the requisition forms ...blah...blah...blah...

     
  11. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to 12-Angry-Men's comment:

    Interesting;

    If indeed the Volt is a “failure,” as some of its critics have contended, we’re sure there’s several auto executives out there that would like many of their slower-selling models to suffer the same fate.

    Still, the Volt’s ranking placed it ahead of industry stalwarts like the Audi A6, BMW 7-Series, Porsche Cayenne and Mercedes-Benz S-Class, and it outsold most hybrids including the Toyota Prius plug-in, Honda Civic, Kia Optima, Toyota Highlander and Lexus RX 450h.



    Nice spin....sorry to say, though, besides the Government, guess who else is buying thousands of Volts to inflate sales figures?

    Why it is Obama's favorite big corporation that pays no US taxes ...you know, the one just just got a special interest tax break pencilled in the fine print  from Obama,  worth billions,  in the fiscal cliff deal. The ability to offshore its tax liability! The same evil thingie that Mitt Romney may have done.

    Corporate crony corporation General Electric!

     
  12. You have chosen to ignore posts from 12-Angry-Men. Show 12-Angry-Men's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to WhichOnesPink2's comment:

    Hmmmmm...funny how you left a part out of your cut-and-paste job. It certainly wasn't by mistake. Allow me to help you out  Still, the Volt’s 133rd-place ranking placed it ahead of industry stalwarts like the Audi A6, BMW 7-Series, Porsche Cayenne and Mercedes-Benz S-Class, and it outsold most hybrids including the Toyota Prius plug-in, Honda Civic, Kia Optima, Toyota Highlander and Lexus RX 450h.



    First of all spanky, you made that point, no need to be redundant.

    And second, what diffrence does the 133rd place make without knowing how many 'places' there are?

    Oh I see, because it sounds like a high number then it must be bad. Much higher than your fingers and toes... eh spanky.

     

     
  13. You have chosen to ignore posts from UserName99. Show UserName99's posts

    Re: Sales of Chevy Volts triple in one year.

    Only in America can people that describe themselves as true patriots trash one of our greatest and most important industrial powerhouses. GM and its suppliers provide millions of jobs from steel mills to the post office to ad agencies. Talk about cutting your nose despite your face!

    Much of the motivation behind these attacks is the view of the wingnut base that climate change is somehow a vast conspiracy of scientists throughout the world. But even if you accept such paranoid fantasies about climate change, the Volt also beneficially helps address two other issues that the GOP pretends to care about - energy independence and higher gas prices. Given all of the rhetoric that the GOP is throwing around blaming President Obama for high gas prices, you would think the GOP would be happy to embrace an innovative, American-made technology that helps reduce our dependence high priced gas and foreign oil.

    Attacks on the Volt are a prime example of how so much of today's conservative agenda is simply about attacking liberals.

     
  14. You have chosen to ignore posts from 12-Angry-Men. Show 12-Angry-Men's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to ComingLiberalCrackup's comment:

    Nice spin....sorry to say, though, besides the Government, guess who else is buying hundreds of Volts to inflate sales figures? Why it is Obama's favorite big corporation that pays no US taxes ...you know, the one just just got a special interest tax break pencilled in the fine print  from Obama,  worth billions,  in the fiscal cliff deal. The ability to offshore its tax liability! The same evil thingie that Mitt Romney may have done. Corporate crony corporation General Electric!



    Yep, one big librul conspiracy.

    Even though GE was paying the same no-tax rate under baby-Bush and the whacko wingnut Congress. But of course that doesn't matter because it would just make your conspiracy thingy look stupid.

     
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  16. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Sales of Chevy Volts triple in one year.

    "you would think the GOP would be happy to embrace an innovative, American-made technology that helps reduce our dependence high priced gas and foreign oil."

    The moral of the Volt: Liberal lunkheads could care less if it cost taxpayers S10 million per vehicle...it is a 'feelgood story', dammit!

    There is no such thing as a failure; your God of Government never fails, it just subsidizes more and more down the rathole ....

    No one in their right mind would pay 50K for this turkey, even with the massive $7500 rebate subsidy...

    The actual cost to GM is estimated at 90K per vehicle!

     

     
  17. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Sales of Chevy Volts triple in one year.

    "you would think the GOP would be happy to embrace an innovative, American-made technology that helps reduce our dependence high priced gas and foreign oil."

    The moral of the Volt: Liberal lunkheads could care less if it cost taxpayers S10 million per vehicle...it is a 'feelgood story', dammit!

    There is no such thing as a failure; your God of Government never fails, it just subsidizes more and more down the rathole ....

    No one in their right mind would pay 50K for this turkey, even with the massive $7500 rebate subsidy...

    The actual cost to GM is estimated at 70-90K per vehicle!

     

     
  18. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Sales of Chevy Volts triple in one year.

     "And then there's those pesky facts again.

    "Second, the fact that the U.S. military want to buy the Volt means that it views the plug-in hybrid as a sturdy and reliable car that can help it reduce its fuel bill. "

    Angryman slurping up the government propaganda....the US military is obviously being forced to buy these turkeys.

     
  19. This post has been removed.

     
  20. You have chosen to ignore posts from 12-Angry-Men. Show 12-Angry-Men's posts

    Re: Sales of Chevy Volts triple in one year.

    Ironic how the military purchase of 1500 fuel efficient, mid-sized fleet vehicles just has to be a conspiracy

    ...but...

    The fact that Haliburton and KBR were awarded $100's of billions of dollars in no-bid gov't contracts by it's ex-CEO turned VPotUS, who still owned stock in the companies... but the wingnuts adamantly deny any such conspiracy. The VP personally profited from no-bid contracts to a companies he used to run and the wingnuts go all stoopid and revert to Cleopatra-mode.

    Hilarious!!!

    Ya can't make this shiite up.

     
  21. You have chosen to ignore posts from 12-Angry-Men. Show 12-Angry-Men's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to ComingLiberalCrackup's comment:

    "you would think the GOP would be happy to embrace an innovative, American-made technology that helps reduce our dependence high priced gas and foreign oil." The moral of the Volt: Liberal lunkheads could care less if it cost taxpayers S10 million per vehicle...it is a 'feelgood story', dammit! There is no such thing as a failure; your God of Government never fails, it just subsidizes more and more down the rathole .... No one in their right mind would pay 50K for this turkey, even with the massive $7500 rebate subsidy... The actual cost to GM is estimated at 90K per vehicle!
     




    Another example of the business ignorance of the wingnuts.

    They'll spout any such nonsense a long as it appears to agree with their partisan politics, regardless of it's veracity.

     

    Bob Lutz on the real cost to make the Chevy Volt, Reuters article "preposterous"

    The Reuters report cited "independent analysts" who claim the R&D cost GM spent to develop the Volt added up to the $1-1.2 billion range. Dividing that amount by the 21,500 Volt's sold so far means $56,000 per Volt was spent in R&D costs. Further, other analysts have estimated the cost of materials to build the Volt is in the $20-32,000 range making for a total cost of $89,000. Because the Volt's MSRP is just shy of $40,000, this line of reasoning says GM is eating at least $49,000 of loss for each Volt that is sold.

    This line of reasoning must appear logical to some, considering the number of articles and blog posts repeating these numbers verbatim. However a moments of thought and one realizes this line of reasoning is, as Bob Lutz wrote, preposterous. It is the sort of flawed reasoning that led to the "report" last winter claiming the Government had subsidized GM to the tune of $250,000 per Volt. Both claims contain the same kind of flaw.

    Namely, it is incorrect to amortize a fixed cost like R&D or building a factory over the first year of production. As Bob Lutz put it in his Forbes blog posting "That's like saying that a real estate company that puts up a $10 million building and has rental income of one million the first year is "losing" 9 million dollars, or several hundred thousand per renter."

    Lutz then went on to explain the calculation a car company uses to determine the profitability of a given car program. To calculate the "gross margin" one subtracts from the "selling price" the "materials cost" and "labor cost". In other words the gross margin subtracts the actual cost of parts and labor out as the first order approximation of the profit. Additionally there are fixed costs such as advertising, general administration, research & development, and building factories. Fixed costs are amortized over the whole lifetime of the car program, and are not amortized over the first year of production.

    The R&D dollars spent by GM to develop the Volt will obviously apply across all model years in which the Volt is sold. Additionally the technology developed for the Volt is going into other GM vehicles such as the Cadillac ELR and the Gen 2 Volt.

    ---------------------------------------------------------------------------

    DETROIT - Reuters' estimate of the current loss per unit for each Volt sold is grossly wrong, in part because the reporters allocated product development costs across the number of Volts sold instead of allocating across the lifetime volume of the program, which is how business operates. The Reuters' numbers become more wrong with each Volt sold.

    In addition, our core research into battery cells, battery packs, controls, electric motors, regenerative braking and other technologies has applications across multiple current and future products, which will help spread costs over a much higher volume, thereby reducing manufacturing and purchasing costs. This will eventually lead to profitability for the Volt and future electrified vehicles.

     
  22. You have chosen to ignore posts from macnh1. Show macnh1's posts

    Re: Sales of Chevy Volts triple in one year.

    The bed of my truck will hold a Volt. 

     
  23. You have chosen to ignore posts from 12-Angry-Men. Show 12-Angry-Men's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to TFefio's comment:

    I heard its going to cost more to dispose,of the batteries than to build the car. Any electric car right now. 


    They are mostly made of lithium metal oxides with zero lead, mercury, cadmium, hexavalent chromium, PBBs or PBDEs. In fact, there no heavy metals, nor any toxic materials. Tesla says that, by law, its battery cells could be landfilled, though that's not what they actually do.

    Though lithium currently fetches very little on the open market, other components in lithium-ion batteries, such as nickel and cobalt, will make the batteries far too valuable to send to the landfill.

    http://www.scientificamerican.com/article.cfm?id=lithium-ion-batteries-hybrid-electric-vehicle-recycling

     
  24. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Sales of Chevy Volts triple in one year.

    In response to 12-Angry-Men's comment:

    In response to ComingLiberalCrackup's comment:

    "you would think the GOP would be happy to embrace an innovative, American-made technology that helps reduce our dependence high priced gas and foreign oil." The moral of the Volt: Liberal lunkheads could care less if it cost taxpayers S10 million per vehicle...it is a 'feelgood story', dammit! There is no such thing as a failure; your God of Government never fails, it just subsidizes more and more down the rathole .... No one in their right mind would pay 50K for this turkey, even with the massive $7500 rebate subsidy... The actual cost to GM is estimated at 90K per vehicle!

     




    Another example of the business ignorance of the wingnuts.

    They'll spout any such nonsense a long as it appears to agree with their partisan politics, regardless of it's veracity.

     

    Bob Lutz on the real cost to make the Chevy Volt, Reuters article "preposterous"

    The Reuters report cited "independent analysts" who claim the R&D cost GM spent to develop the Volt added up to the $1-1.2 billion range. Dividing that amount by the 21,500 Volt's sold so far means $56,000 per Volt was spent in R&D costs. Further, other analysts have estimated the cost of materials to build the Volt is in the $20-32,000 range making for a total cost of $89,000. Because the Volt's MSRP is just shy of $40,000, this line of reasoning says GM is eating at least $49,000 of loss for each Volt that is sold.

    This line of reasoning must appear logical to some, considering the number of articles and blog posts repeating these numbers verbatim. However a moments of thought and one realizes this line of reasoning is, as Bob Lutz wrote, preposterous. It is the sort of flawed reasoning that led to the "report" last winter claiming the Government had subsidized GM to the tune of $250,000 per Volt. Both claims contain the same kind of flaw.

    Namely, it is incorrect to amortize a fixed cost like R&D or building a factory over the first year of production. As Bob Lutz put it in his Forbes blog posting "That's like saying that a real estate company that puts up a $10 million building and has rental income of one million the first year is "losing" 9 million dollars, or several hundred thousand per renter."

    Lutz then went on to explain the calculation a car company uses to determine the profitability of a given car program. To calculate the "gross margin" one subtracts from the "selling price" the "materials cost" and "labor cost". In other words the gross margin subtracts the actual cost of parts and labor out as the first order approximation of the profit. Additionally there are fixed costs such as advertising, general administration, research & development, and building factories. Fixed costs are amortized over the whole lifetime of the car program, and are not amortized over the first year of production.

    The R&D dollars spent by GM to develop the Volt will obviously apply across all model years in which the Volt is sold. Additionally the technology developed for the Volt is going into other GM vehicles such as the Cadillac ELR and the Gen 2 Volt.

    ---------------------------------------------------------------------------

    DETROIT - Reuters' estimate of the current loss per unit for each Volt sold is grossly wrong, in part because the reporters allocated product development costs across the number of Volts sold instead of allocating across the lifetime volume of the program, which is how business operates. The Reuters' numbers become more wrong with each Volt sold.

    In addition, our core research into battery cells, battery packs, controls, electric motors, regenerative braking and other technologies has applications across multiple current and future products, which will help spread costs over a much higher volume, thereby reducing manufacturing and purchasing costs. This will eventually lead to profitability for the Volt and future electrified vehicles.




    All this spin from Obama poodle Bob Lutz. Amazingly, he tries to debunk the figure, but no mention of what he claims the actual figure is..OK Bob maybe it is 40K loss instead of 70K loss...isnt that wonderful !

    GM has the same "transparency" as the Obama Administration

    GM wont say exactly how many of its "tripled" Volt sales are for Government, GE and/or given away with dirt cheap leases...

    GM wont say how much it cost to build each Volt...

    Government Motors, indeed..

     
  25. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: Sales of Chevy Volts triple in one year.

    The amout of money lost by GM on the volt is misleading.  All new cars are money losers because of how the R&D costs of the car is depreciated.

    As far as the volt being bought by the military - and?  They have to buy something.  And imagine how much the AR-15 would cost had it not been for the military basically paying for the start up and R&D costs.  If the military can do 1/2 for the Volt for what it did to the AR-15, then I'm all for it.

     
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