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Volt
Malibu
"I drive a Dodge Stratus"
I guess they spend their R&D research with the premise that gas price will only go up from here and the big 3 believed it will be at $2 as far out as they can see
I do know exactly what happened. It was an error. Nobody was told to do this and the person who did it by mistake.
I never said they did not make a profit on their compact cars. All I showed was that at least the first gen and most likely the 2nd gen did not make money. I have not seen a cost for the hybrid stuff in any of the Prius's but if the battery and all the other Hybrid stuff is $2000 on the 3rd gen., then it was $4000 on the 2nd and $8000 on the first. I really doubt that they were getting another $8000 on the first gen over other compacts and doubtful another $4000 on the 2nd gen.
will have a profit margin close to that of a traditional sedan like the
Corolla, a senior executive said on Friday.
That sounds to me they do make a profit even if with a small margin and that's an acheivement. As for the Corolla, that's a cash cow for Toyota. It's the World's most produced car for decades now. Any non-luxury passenger car will be lucky if it has a profit margin close to Corolla, not just the Prius.
Or maybe, a Lumina made of marshmallows.
Or maybe the love child of the last Lumina and an Aveo sedan?
Thumbs up to the concept, thumbs wavering for the production Volt.....
....and torque's so right about the Corolla, one of the most profitable small cars in the world for its manufacturer. If they could produce Priuses on the grand scale of the Corolla, it would be much more profitable for them too. They announced years ago now, right before the intro of gen II in 2003/4 (which was it? 2003 as an '04 model I think), that they had broken even and begun to make a profit on the Prius. It may have been a small per-unit profit with a $3000 battery pack in the trunk, but a profit is a profit. And think of the goodwill it generated among the dealers: a car that would sell easily at full sticker, and would even generate a wait list.
As such, if GM chooses to sell what appears to be by far the most practical electric car produced thus far (the Volt) at a loss to get the technology out there, it is completely understandable, and an investment in their future. But at $40K I think they will have an uphill battle....
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Now perhaps GM copied the Prius but it was not to get people to think, oh it looks like a Prius so I am gonna buy one!, no it was to get the high aero numbers.
Actually, I think GM did a fairly good job at sprucing up the styling, compared to the Prius. The Prius is kind of nerdy looking, and just TOO off-the-wall. The Volt, IMO at least, is a bit more pleasing to the eye. And when I look at it, the first thing that pops into my mind isn't the Prius but, oddly enough, the 1995-2000 Chrysler "cloud cars" (Breeze, Cirrus, Stratus) I see it mainly in the passenger cabin area.
At a price point of 30k, the folks on the assembly line (the plant is gearing towards mostly 14/hr temps) will
never be able to afford such a car.
And as other industries follow suit by reducing their wages in tiers, nobody will be able to afford such a vehicle.
Keep in mind the length of the average commute- the fact that most places you work at won't let you plug in to recharge your car- and all the advantages of the Volt soon disappear.
Volt- Vega - Same plant- Same outcome.
My commute is about 5 miles at 65 mph. Then I drive out at lunch. Total for the day is about 20 miles or so, just normal workday driving. All of it is 65 mph. Could I do that without firing the engine? If so, I think it would be a phenomenal gas-saver for me, and there have to be other folks that don't drive more than 20 or 30 miles on their normal commutes, or have lower speed commutes.
OTOH iIf all driving over 40 mph causes the gas engine to fire, then the car would be worthless to me. In that case I will stick with small-engined 4-cylinder cars, which always get me my best mileage (even compared to the vaunted Prius).
As far as price tag, I agree it is steep. One thing GM could do to mitigate that would be to take the "Prius route" - offering all kinds of whiz-bang onboard technology to make the price more palatable to people.
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
I put both of my kids in 4 cylinder 5 speed 04 Cavaliers (Made at Lordstown- go figure) and both enjoy miliage in the high 30's. The initial cost 8500.00/both was minimal, repairs are easy, and should get them through the next few years at the very least.
My other half drives 2 miles a day- her Sunfire ,an 03, still would be in warranty if not so old.
For GM to close out their J body (Cobalt) platform entirely to promote the Volt under present terms is suicide. Much will have to change to make it palatable to the public. Many beyond GM's control.
Not sure what you are talking about here. The Cobalt replacement is coming in about 1 year and is said to get 45mpg highway.
Can you tell me where you got this?
Now this bike does that.
http://blog.wired.com/cars/2008/08/from-a2b-on-an.html
I did find this:
At 40 mph battery will discharge in 1 hour, at 60 mph battery will discharge in 40 minutes.
The current cost in the prototype of the Li-ion battery pack is about $20,000 (reference) , the goal price for production will be $5000.
So if you go at a steady 60mph you can go 40 minutes which is also amazingly 40 miles! That does not count running at lower speeds nor regeneration during braking.
http://gm-volt.com/2007/02/03/battery-investment/
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Bill
A friend of mine went for a job there- what a joke- they are hiring in their third shift as temps for 14 bucks an hour with no benefits. The Mahoning Valley was hit hard years ago by big steel and other industry folding. Now, jobs at 14.00 an hour are like gold. What a shame.
Can anybody tell me where this is coming from?
I am sorry, I can't remember a specific source for the 40 mph thing I posted. It came out of something GM or Lutz announced some time ago. The 40 mph threshold is higher than the speed Prius will go without using its gas engine.
To partly address sls's implication, I don't believe they are designing the Volt to be able to make it to 80 mph without firing the gas engine. So if you routinely drive at those speeds, better to just go ahead and buy the base Corvette, as your mileage won't be much better in the Volt anyway!
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Yes, it does. If you want to just settle for something, then that will work. But for my and many people's money, you want / get the best to get and afford, not the second best / also-ran. I'm not going to buy something simply because it's the cheapest I can get away with, settling for something that is less quality just to save a dollar or two (which ends up costing you more in the long run). This is what got GM into trouble in the past, especially with their interiors. And this is why now they are still second and third choice on a lot of buyers' list and have boosted sales somewhat when incentives are tossed out. They have made some strides but still have a lot of relapses into mediocre-dom in their lesser-trim models, and some higher-end ones as well.
My previous post should have been kilowatts, not watts. One horsepower is 3/4 of a kilowatt. A kilowatt-hour is something else though. At 40 MPH we may have 7.5 kilowatt-hours after 40 miles
2nd: Maybe that should be re-worded, as that sounds like it is just settling for what's available.
3rd:No it does not. It sounds exactly like what it says. Not everyone wants to spend the money to get the best out there.
4rth: Yes, it does. If you want to just settle for something, then that will work. But for my and many people's money, you want / get the best to get and afford, not the second best / also-ran.
Amazing how things get twisted over time! We are long past the original quote but you added what is different, "and afford". As in the initial quote not everyone buys the very best money can buy. Well maybe they want it but they decide either they do not have the money or it is jusut not worth it. Back to the suits, some will buy the $150 suit, someone else $500 while even others would not settle for anything less than $1500.
CTS /w direct injection and Prem. Collection = $45,000
335xi w/Premium Package = $45,000
The second car is built better and still out performs the CTS.
Regards,
OW
I'd assume the 40 miles would be at typical commuting speeds in congested metro areas.
falling oil prices and optimism that $25 billion in federal loans to the
auto industry could go a long way toward easing concerns of a financial
meltdown.
J.P. Morgan analyst Himanshu Patel said in a report Thursday that an
expected $25 billion in low-interest government loans would make
bankruptcies far less likely for GM or Ford Motor Co. He said the odds
of sizeable loans to the auto industry are higher than the market has
been assuming, with both presidential candidates supporting such a move.
Meantime, oil prices continued their retreat, testing the $100 mark for
the first time in several months, spurring hopes of a possible easing in
the fuel-price pressures that have kept consumers from buying pickup
trucks and sport-utility vehicles.
Regards,
OW
I also recall reading that the Utah legislature has allowed the state transportation department to study the possibility of raising the limit on parts of I-15 to 80 mph. I don't know if any limits have in fact been raised.
I am not for reducing speed limits to 55. I think 65 would be a reasonable upper limit, but 70 would certainly reduce fuel consumption. With 80 as the limit, some people will be pushing 85, which will certainly increase consumption.
Regards,
OW
2007-2008 Sport Sedans - CTS is 3rd Place, 335i Second Place
The CTS is one of the best Caddys in along time. You need to order the sport suspension to get the handling output experienced in the test.
The 335i speaks for itself and is still the benchmark but I did test the G35 and it is a great car...and value.
Regards,
OW
Standard for the World
This is the best Cadillac in 40 years. Sure, the direct-injection V6 is only adequate, but it's a great start. Even with the firmest FE-3 suspension package, the CTS proves GM knows how to walk the line between a compliant ride and ultimate handling.
The exterior styling may only be an evolution of the original CTS, but it's far more successful. It has a bolder stance and chic presence the previous car never did, even in CTS-V form. Meanwhile, the interior and mind-blowing infotainment system remind us of the time when Cadillac was called "The Standard of the World."
There's a flip side to the affirmation. The curse is that now that we've seen and experienced the exceptional 2008 Cadillac CTS, there can be no more excuses for mediocre vehicles from GM.
OK, General Motors, you've proved it once. Now the biggest challenge will be to do it again and again. That's how reputations are made.
Here is the full article link.
'08 CTS Full Test
Regards,
OW
And they have done it every time since. Malibu, Enclave, G8,