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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: miraje who wrote (27400)	8/5/2011 10:35:38 AM
From: RetiredNow	Read Replies (1) \| Respond to of 86356

Doesn't surprise me. I like the IDEA of the Volt, but in reality it simply didn't pass the test on my own analysis. The cost/benefit to me personally just isn't there. It would have been far better for GM and for this country if Obama had NOT bailed GM out and let them fail, and instead invested that bailout money in up and coming companies like Tesla. Can you imagine what Tesla could have done with the $50B that GM got? I can guarantee you it would not have produced a Volt.

To: miraje who wrote (27400)	8/5/2011 10:38:29 AM
From: TimF	Read Replies (1) \| Respond to of 86356

I'm sure that the program as a whole is massively unprofitable at this point, and probably will always be so. Include the development cost, and the marketing campaign, and other costs to launch a new model, and I don't think the Volt can ever pay back the costs. But do you think they are increasing the loss with each additional sale, that the marginal cost of an additional unit is greater than what GM can get for the car? That if they sold a lot they would be "taking a loss on each one and trying to make up for it with volume"?