akatrex
Literotica Guru
- Joined
- Sep 19, 2005
- Posts
- 2,805
General Motors is taking a $49,000 bath on each Chevy Volt it sells, according to a report.
Citing data provided by consulting firm Munro & Associates, Reuters estimates that each one of the ballyhooed pug-in hybrid vehicles is currently costing upward of $89,000 to produce. With a sticker price of just less than $40,000, that makes for a sticker price disaster.
Reuters reported that cheap Volt lease deals as low as $5,050 for two years make the car even less profitable.
Read more: http://www.foxnews.com/leisure/2012...old-while-admitting-program-is/#ixzz2665dFTSs
Citing data provided by consulting firm Munro & Associates, Reuters estimates that each one of the ballyhooed pug-in hybrid vehicles is currently costing upward of $89,000 to produce. With a sticker price of just less than $40,000, that makes for a sticker price disaster.
Reuters reported that cheap Volt lease deals as low as $5,050 for two years make the car even less profitable.
Read more: http://www.foxnews.com/leisure/2012...old-while-admitting-program-is/#ixzz2665dFTSs
