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Volt selling well as other green cars falter

Sales of the Chevrolet Volt extended range electric vehicle have been very much up and down since the car launched. At one point Chevrolet placed production of the Volt on hold due to poor demand only to restart production earlier than expected due to an uptick in sales. At the same time, sales of the pure electric-powered Nissan Leaf have continued to struggle as it becomes clear Nissan will be unable to meet its lofty sales goals for 2012. 
 
Nissan had expected to sell 20,000 electric vehicles in the U.S. during 2012 and has so far only been able to sell 3,543. During the month of July, Nissan sold just 395 Leaf EVs, which represents a decline of 58% compared to July 2011. 


Nissan Leaf
 
Although Nissan isn't selling very many Leaf EVs, the automaker still insists it will meet its 20,000-unit goal for 2012. That goal seems very unlikely since Nissan will need to sell close to 3,300 Leaf EVs each month for the remainder of the year.
 
"Our target has not changed," said Nissan spokesman David Reuter on Wednesday, acknowledging that, "sales to date have not met our expectations."
 

Chevrolet Volt
 
GM is faring better with its Volt with sales rising compared to July of 2011 to 1,849 units in July 2012 compared to only in 125 units in July 2011. Through the first first seven months of 2012, GM has sold 10,666 Volt extended range electric vehicles for an increase of 270% compared to the first seven months of 2011.
 
Detroit News reports that sales of the Volt have been boosted by factors outside of Chevrolet's control, including the fact that California granted lone Volt drivers the ability to access carpool lanes. One in every three Volts sold are purchased in California.
 
GM sold more than twice as many Volts in July as Toyota sold Prius plug-in hybrid vehicles. Toyota moved only 688 of the latest Prius variant during July.

Source: Detroit News



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RE: Come on
By Reclaimer77 on 8/2/2012 1:48:23 PM , Rating: -1
How can you pretend to separate "a car" that was personally endorsed, pushed for, and marketed in part because of a Democrat President from politics? Please, do not insult our intelligence. Your ultra-simplistic view of this situation is also not appreciated.

quote:
Further, I am going to go on a limb here by assuming skeptics of the car's design have not driven the car.


This is entirely irrelevant as well. How would taking the Volt for a test drive change it's pathetic return on investment, it's anemic electric range, or anything else?

How would test driving the Volt suddenly make me feel I deserve to have the American taxpayer subsidize my purchase?

quote:
Personally, having driven the car I can vouch for the vehicle's quality and appeal. Further, I am going to go on a limb here by assuming skeptics of the car's design have not driven the car.


Except it's not a seller, it's been a disaster. So going by your logic we can assume 98% of the car buying public is just a bunch of right-wingers biased against the Volt. Really? Let's think about that.


RE: Come on
By Amedean on 8/2/2012 2:40:57 PM , Rating: 2
quote:
How would taking the Volt for a test drive change it's pathetic return on investment....


FACT:
For the United States, over half of the total trade deficit is from importing petroleum.

REFERENCES:
http://www.census.gov/foreign-trade/statistics/gra... (second graph)

INFERENCE:
Although domestic electric vehicles are more costly, drivers produce "positive" recirculating cash-flows because more domestic energy is consumed. This is beneficial to the local economy and this is why the federal government purchases these vehicles in higher volumes. They are a better investment.

ALTERNATIVE INFERENCE:
Increased usage of natural gas being a domestic product is also beneficial to the U.S. economy.

(standing ovation - everyone applauses)


RE: Come on
By Reclaimer77 on 8/2/12, Rating: -1
RE: Come on
By Amedean on 8/2/2012 2:55:40 PM , Rating: 1
Your not reading. The numbers are not politics, its just facts and math.

Emotional bias can often influence people to skim through reading and forcing them to infer using their intuition rather than the facts at hand.

Pause....breath....remove your biases and form ideas instead of beliefs.


RE: Come on
By Reclaimer77 on 8/2/12, Rating: -1
RE: Come on
By Amedean on 8/2/2012 3:30:24 PM , Rating: 1
One thing I still find perplexing, since you have made it known that you are not a fan (understatement) of the Volt which you never drove. Based on your ROI theory, can I infer the following:

PROPOSED DISLIKES:
All things BMW.
Ford Mustangs (insurance is at premium rate)
Lamborghini (what ROI?)
Bugatti (another euro brand)
Tesla
Ferrari
etc....

Point being, the Volt is not the most expensive vehicle in the world but none of the listed brands above carry the same negative bias.


RE: Come on
By Reclaimer77 on 8/2/2012 3:36:03 PM , Rating: 1
None of those listed brands were bailed out by the US taxpayer either.


RE: Come on
By Amedean on 8/2/2012 4:03:21 PM , Rating: 2
So what Chrysler brand do you despise?


RE: Come on
By Reclaimer77 on 8/2/2012 4:23:39 PM , Rating: 2
You keep trying to make this like a personal thing, it's not. I don't "despise" the Volt. It gets 500% more coverage on Daily Tech than ANY other vehicle, and I post a lot, so of course it might seem like that. But you're not even trying to give me the benefit of the doubt.

Chrysler should not exist today. They've been bailed out, what, 4 times now? This doesn't mean I "despise" them, however.

I despise big government and their interference into the marketplace. The Volt should win, or lose, on it's own. So should it's parent company.

If that makes me a "hater", well, so be it. At least I know I'm on the right side.


RE: Come on
By Amedean on 8/2/2012 10:43:09 PM , Rating: 2
I just finished a course in modern world history. I can bore you with text but if you do research on how the Marshall Plan recreated a devastated economy you will realize that your idea of pure and true capitalism is deeply flawed.

http://www.youtube.com/watch?v=o3tjTWAKf9I&feature...

The video does better than my text.


RE: Come on
By Amedean on 8/2/2012 10:58:51 PM , Rating: 2
quote:
you will realize that your idea of pure and true capitalism is deeply flawed.


I just realized that this is a naive statement. In its place I would " you will realize " with " you may find ".

I prefer to have ideas and not beliefs. Belief is definite and unmovable. A man who knows nothing is closer to the truth than a man who knows all the wrong things.


RE: Come on
By knutjb on 8/3/2012 4:59:29 AM , Rating: 2
quote:
I prefer to have ideas and not beliefs. Belief is definite and unmovable. A man who knows nothing is closer to the truth than a man who knows all the wrong things.
You have a misunderstanding of what beliefs are. Socrates said go strong in your beliefs but accept that you could be wrong. Beliefs are only set in stone if you hold them that way. Without beliefs like say ethics and critical reasoning, ideas will go terribly awry.


RE: Come on
By knutjb on 8/3/2012 4:51:20 AM , Rating: 2
Your argument against capitalism is flawed. In the link they complain that much of the money went back to the US to buy equipment. Where else were they supposed to buy or build them? They were devastated and had little infrastructure. The Marshal Plan was to prevent what happened after WWI with Germany. Unfortunately much of "Modern History" is pretty flawed in its bad-America message. We are by no means perfect but to do nothing would have been far worse. BTW, De Gaulle thought he won the war and the French, who lost control of their country twice and had it returned by us still have a chip on their shoulder. With the socialist Hollande in charge watch France look more like Greece and Spain than Germany.

Our problem is not Capitalism but Cronyism passed off as Capitalism. Yes, Capitalism does require some regulation to function properly. Also, what other form of government is more successful? None. Communism, Socialism, Fascism, et al fail miserably because they discount human behavior and emotions. They are nothing more than empty promises that can never be delivered on, equal outcome instead of equal opportunity. Look at Europe today. Those bastions of Socialism! The few sort of successful Nordic ones are having to kick out immigrants who refuse to assimilate because they siphon off resources and they have little room for error in their ludicrously over taxed economies. That is their choice and it can work to a point in small countries but it risks faltering by pulling too much out of the economy.

Read the Federalist papers, John Locke, Aristotle's Ethics, Milton Friedman, the depression of 1920 and what corrected it, and F.A. Hayek to correct your unfortunate, delusional, left biased indoctrination.

If you have no context in which to apply to what you are feed at what passes as education these days you have a greater probability of becoming what Stalin called his useful idiots.


RE: Come on
By room200 on 8/2/2012 11:51:15 PM , Rating: 2
You don't deserve the "benefit of the doubt". You refuse to give it to anyone else. Now that you've been called out on your hysterical partisan nonsense, you're embarrassed. It wouldn't matter if that car company generated enough money to get the USA out of ALL DEBT, you'd still continue with your nonsense because you hate the guy in the White House. You root against America because of this hatred, and it's sickening.


RE: Come on
By Richard875yh5 on 8/3/2012 1:35:28 PM , Rating: 2
Get your facts straight, Chrysler was bailed out twice, and both times it was a good thing for this country. Maybe your not from this country and that's why you see it differently. If you are from this country, you should have your head examined.


RE: Come on
By room200 on 8/2/2012 11:52:49 PM , Rating: 2
So I take it you bank at a community bank, then?


RE: Come on
By room200 on 8/3/2012 12:12:21 AM , Rating: 2
Penn Central Railroad was bailed out in 1970-3.2 billion
Lockheed in 1971-1.4 billion
Franklin Nat. Bank in 1974-7.8 billion
New York city in 1975-9.4 billion
Chrysler in 1980-4 billion
Continental Bank in 1984-9.5 billion
Savings and Loan in 1989-293.3 billion
Airline Industry in 2001-18.6 billion
Bear Stearns in 2008-30 billion
Fannie Mae in 2008-490 million
AIG in 2008-25 billion

The United States Government has a history of making loans to troubled private businesses, and most of those bailouts did not include employees as members of unions, so stop acting like this bailout is something unprecedented. I would also assume that you would keep track of all of those businesses listed and that you've never patronized or benefitted from them in any way including subsidiaries who have invested in them, correct? I would also assume that you have a home loan through Fannie Mae or a subsidiary and that as soon as you found out, you found a new lender that was not managed by them (though that would be very difficult to do).


RE: Come on
By Digimonkey on 8/2/2012 3:38:33 PM , Rating: 2
Car purchases go beyond ROI. Sometimes it's because you want a sporty car, or a luxury car, or you simply want a car that greatly decreases your use of gasoline. This money is mostly spent for the experience or the feeling of owning such a car and doesn't really factor into ROI.


RE: Come on
By DFranch on 8/3/2012 4:05:56 PM , Rating: 2
Reclaimer77:

Actually you're the one who brought up Obama, and fleet buys ans the tax credit, so you brought politics into the discussion.

Second by your logic plasma tv's should never have been produced because they cost like $10,000 when they first came out. They were ridiculously over priced. New products cost a premium when they first come to market. The price decreases over time. The 1st generation of the Volt costs a premium, they'll refine it and the costs will come down. If they don't, then they're foolish and deserve to fail.


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