redLEAF said:...
Cheap Volt lease offers meant to drive more customers to Chevy showrooms this summer may have pushed that loss even higher. There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce.
No question that someone who gets a low cost lease on one of these is doing quite well but I wonder how long they can keep this up ...
As long as it takes?
Further down, past most peoples attention span apparently:
"Spread out over the 21,500 Volts that GM has sold since the car's introduction in December 2010, the development and tooling costs average just under $56,000 per car. That figure will, of course, come down as more Volts are sold.
The actual cost to build the Volt is estimated to be an additional $20,000 to $32,000 per vehicle, according to Munro and the other industry consultants."
So actual cost to build is 20K-32K. Development costs have dropped drastically from the 250K each propaganda of last year to 56K now? Impressive... Still the propaganda is at the top of the story, and the facts are at the bottom.