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Next-generation Volt could cost as much as $10,000 less to produce

In the world of electric and plug-in hybrid vehicles, the Chevrolet Volt has been the most high-profile entry aimed at consumers. However, the biggest problem for GM when it comes to the current Volt is that the vehicle isn't profitable.

"This car, on a technology scale, is off the charts vs. what you [have] seen," said GM CEO Dan Akerson, who owns one personally. "We've sold about 26,500 of them [and] we're losing money on every one."

Akerson says that the loss GM takes on every Volt that it sales will soon come to an end. The automaker has significant improvement planned for the second-generation vehicle, including making it lighter. Less weight means that the electric driving range can be made extended without adding larger battery packs -- the battery pack on the current generation Volt battery weighs 400 pounds alone.

According to Akerson, GM believes that the cost to build the Volt can be reduced in the range of $7,000 to $10,000 on the second-generation model. That doesn't necessarily mean buyers will see a discount, but it will mean GM doesn't take a loss on each vehicle it sells.

The current Volt has proven to be a hit with owners, as many are claiming they can go as far as 900 miles between fill ups.

Source: Fortune

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RE: Bailout Mentality
By BillyBatson on 5/3/2013 1:52:29 PM , Rating: 0
My cars do the same, I think I could set whether to auto-unlock the car once turned off on one of my cars not sure if it was my 3 series or my Edge. It was also my BMW that would lock itself after a certain amount of time if you forgot to lock the car now that was good and bad I am sure it locked itself many times after I forgot but there were several times where I intended to return to the car so I left the keys in it but not in the ignition and it locked itself.
I agree we should have the option to set it how we see fit except for when we shift into drive it should definitely lock the doors at that point there is no reason not to enable that feature except if you think you might be kidnapped in your own car and would like the option to jump out while it's moving lol
I have also read that some auto companies have entertained the idea of not allowing a car to shift into anything other than park and neutral if any of the doors are still open.

RE: Bailout Mentality
By BillyBatson on 5/5/2013 4:25:24 PM , Rating: 2
down voted for?.... lol some people have issues on this forum, with everything is seems

"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer
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