Bob Lutz 'splains the real deal on Chevy Volt cost

It's called economies of scale. All cars lose money during the first few years of production because people are factoring in the cost of development, which is atleast $1 billion for an entirely new car like the Volt. Every car has to sell a certain number of units for it to be profitable, not just the Volt. These dumb asses that speculate that the Volt cost $250,000 to produce should do the same for the first few Chevy Impalas and the numbers will be the exact same. The Volt is on track to sell about 20,000 units this year, which is ___$800 million___ in REVENUE in the American market alone. Even if each Volt returns only about 10% in profit, that still means it will break even around the 8 year mark if sales hold steady. Most analysts see Volt sales increasing over the next few years as gas prices rise.

Full article: http://green.autoblog.com/2012/09/11/bob-lutz-chevy-volt-...

Tweets

@GrahamGroup » 18 Sep '12, 2am
The VOLT continues putting up strong sales numbers into this Fall and Bob Lutz comments on the cost vs. sale... [link]
@MarkBrokeIt » 13 Sep '12, 1pm
RT @ViperSmartStart: #BobLutz 'splains the real deal on #Chevy #Volt cost [link]
@EVDrivedotcom » 13 Sep '12, 5am
In March, Lutz sharply criticized what he termed "the right-wing talk show guys" for what he said was a... [link]
@ViperSmartStart » 13 Sep '12, 12am
#BobLutz 'splains the real deal on #Chevy #Volt cost [link]
@Earthgarage » 12 Sep '12, 3am
Bob Lutz 'splains the real deal on Chevy Volt cost: Filed under: EV/Plug-in, Chevrolet, GM We'... [link] via AutoblogGreen
@billsvision » 12 Sep '12, 2am
Bob Lutz 'splains the real deal on Chevy Volt cost [link] via @zite
@stevenmarx » 12 Sep '12, 12am
RT @SmartVehicle: Bob Lutz 'splains the real deal on Chevy Volt cost [link]
@SDRelectriccars » 12 Sep '12, 12am
Bob Lutz 'splains the real deal on Chevy Volt cost - Filed under: EV/Plug-in, Chevrolet, GM We're learning again th... [link]
@Adamska_Haven » 12 Sep '12, 12am
@DavidBHayter I just love Lutz, especially when he thoroughly dismantles any Volt criticism ;).... [link]
@Daily_Donkey » 11 Sep '12, 11pm
Bob Lutz 'splains the real deal on Chevy Volt cost - [link] #ecology
@otogeek » 11 Sep '12, 11pm
[link] Bob Lutz 'splains the real deal on Chevy Volt cost: Filed under: EV/Plug-in, Chevrolet, GM W... [link]
@carstufffeed » 11 Sep '12, 11pm
Bob Lutz 'splains the real deal on Chevy Volt cost: Filed under: EV/Plug-in, Chevrolet, GM We're ... [link] #AutoblogGreen
@balqon » 11 Sep '12, 10pm
Bob Lutz 'splains the real deal on Chevy Volt cost Filed under: EV/Plug-in , Chevrolet , GM We're learning again that [link]
@car_talog » 12 Sep '12, 3am
Bob Lutz 'splains the real deal on Chevy Volt cost: Filed under: EV/Plug-in, Chevrolet, GM We're learning again ... [link]
@Alltop_green » 12 Sep '12, 12am
Bob Lutz 'splains the real deal on Chevy Volt cost [link]
@mahoganyltd » 12 Sep '12, 12am
Bob Lutz 'splains the real deal on Chevy Volt cost: Filed under: EV/Plug-in, Chevrolet, GM We're learning again ... [link]
@myrelectrico » 12 Sep '12, 12am
Bob Lutz 'splains the real deal on Chevy Volt cost [link]
@fibergeneration » 12 Sep '12, 12am
Bob Lutz 'splains the real deal on Chevy Volt cost [link]
@jaffarwahdat » 11 Sep '12, 11pm
Bob Lutz 'splains the real deal on Chevy Volt cost [link]
@mygreenlimo » 11 Sep '12, 11pm
Bob Lutz 'splains the real deal on Chevy Volt cost [link]