GM Expects Next-Generation Volt to Be Profitable, Cost $10,000 Less to Build
May 3, 2013 9:04 AM
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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
This article is over a month old, voting and posting comments is disabled
RE: Bailout Mentality
5/3/2013 10:35:35 PM
This can usually be disabled.
In some Ford's, turn the key three times on/off leaving in the on position and you will hear a ding ding ding, press the brake pedal twice then turn the key to off position. To change back to locking doors, do the same sequence but press the brakes once.
In other Fords its as simple as holding both the remote keyfob lock/unlock buttons for 5 seconds while the vehicle is in motion. The doors will unlock then relock indicating they will lock upon driving greater than 12mph. Do the sequence again and the doors will unlock, lock, then unlock to disable the motion auto-lock feature...
RE: Bailout Mentality
5/6/2013 8:42:28 AM
Geez, that's more complicated than using the ruby red slippers to get back to Kansas! ;)
RE: Bailout Mentality
5/6/2013 10:41:06 AM
What happened to up, up, down, down, left, right, left, right, b, a, b, a, (select for two players), start!
"We basically took a look at this situation and said, this is bullshit." -- Newegg Chief Legal Officer Lee Cheng's take on patent troll Soverain
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