Auto industry volt-production

Published on August 26th, 2011 | by Andrew Meggison

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Has The Volt Suffered A Short With Consumers?

 

The sales figures for the Chevy Volt are down, raising red flags throughout the auto industry—especially during a time were Volt production has been ramped up.

A new study by CNW marketing, a private research firm that focuses its research on consumer motivations and decisions in automotive purchases, has been released showing that the potential buyers that GM is counting on are rapidly losing interest in the Volt.  In March, 21% of Early Adapters said they were “very likely” to consider buying a Volt, while 38.1% said they were “likely” to do the same.  Those numbers slipped to 14.6% saying “very likely” in July and 31.1% “likely.”  Among EV Enthusiasts, reports the CNW study, the number of those likely or very likely to consider Volt fell from a combined 71% to 51% during the same four month timetable.

These findings have auto analysts worried. Even worse, when the auto analysts turned their attention to mainstream consumers, those not identified as EV Enthusiasts, only around 3% of mainstream car buyers were likely to consider the Volt.

OK, everyone just calm down. Interest is not being lost in plug in vehicles. With gas prices still hovering close to $4.00 a gallon in some markets even after a tap into US reserves, people still see plug in vehicles as a good investment and the wave of the future.

It does not take an advanced degree in political science and economics to see why sales of vehicles like the Chevy Volt are down. People cannot afford the price of the vehicles. The American/ world economy is not just bad, but very bad! With the yearly average house hold income in the United States staying steady at around $46,000 a Chevy Volt with an original sticker price of $41,000 is out of reach. Even with the price reduction of the Volt the new $39,995 sticker price is still too high and nearly double the price of a base Chevrolet Cruze compact, which does shares the same underpinnings as Volt.  Oh, and forget about that tax credit incentive because that does not matter to most people when money is due up front, it takes time to process the tax credit, and the paperwork is a mile long.

Chevy officials defend the Volt’s high price tag by pointing to the complexity of the dual gas electric hybrid drivetrain. The Volt is capable of traveling 35 miles on battery power alone.  That is less than half of the range of the Nissan electric vehicle, however, the Volt can shift to gas power and keep driving once its batteries run down. While this is great and it should be understood that innovative technology comes with a price, it does nothing to convince consumers to buy the Volt.

Even with the poor showing numerically GM officials remain confident that the Volt will meet their expectations; noting the Volt does not need to produce a wide appeal to reach sales targets. GM projects growth to 40,000 units in 2012 including both Volt and Ampera, the Volts overseas clone. Theres also the little fact that Volt production was shut down for a few weeks this summer to allow retooling of the plant to increase production of the Volt, which is drawing a lot of new customers into Chevy dealerships. A sales success? Not quite yet. But the Volt is still on a lot of peoples minds, no matter what “market research” says.

Source: yahoo.com

Andrew Meggison was born in the state of Maine and educated in Massachusetts. Andrew earned a Bachelor’s Degree in Government and International Relations from Clark University and a Master’s Degree in Political Science from Northeastern University. Being an Eagle Scout, Andrew has a passion for all things environmental. In his free time Andrew enjoys writing, exploring the great outdoors, a good film, and a creative cocktail.




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About the Author

Andrew Meggison was born in the state of Maine and educated in Massachusetts. Andrew earned a Bachelor's Degree in Government and International Relations from Clark University and a Master's Degree in Political Science from Northeastern University. In his free time Andrew enjoys writing, exploring the great outdoors, a good film, and a creative cocktail. You can follow Andrew on Twitter @AndrewMeggison



  • http://Web joe

    Just saw a 2012 Volt on a dealer lot $45,690 actual msrp on the sticker(not an add on )
    this is typical, normally equipped

    those who think the price dropped to 39k are misled

    • http://Web Stephen

      That $45690 price you saw was for a loaded Volt with navigation, upgraded audio, heated leather seats, special wheels/paint, parking sensors, etc.

      The base Volt (cloth seats, no nav) is $39995 including destination. Then subtract up to 7500 for the tax credit.

      • http://Web Dave

        Heated leather seats in an “eco” friendly electric car that has milege troubles when the heater is on. That’s rich.

        • http://importantmedia.org/members/joborras/ Jo Borras

          First I ever heard of the Volt having “milege” troubles. Have a link to go with that claim, or just needed to type something online today?

        • http://Web RS

          Actually, the e-car folks are hoping that a warm seat will substitute for a warm car… and reduce overall heater kw-hr use.

          Electric heat remains an expensive proposition.

        • http://Web Paul Gunderson

          Very good point. Maybe they could install gas heaters like the old VW’s had. They could then keep warm without draining the battery.

  • http://Web Willie

    If they lower the price to low 30K or even 20K range they might be able to actually sell them , I am sorry but you cant expect people to pay 40K for a compact car I dont care if it gets 300 mpg and or runs on garbage

  • http://Web pjkPA

    This is totally useless YELLOW JOURNALISM.

    GM has been and will continue to sell ALL THE VOLTS they can make. Every car is spoken for before it is delivered.

    Toyota sold 1,000 the first year… GM sold 5,000 Volts.

    The average MPG is well over 100mpg for everyday driving with many owners getting well over 200mpg in city driving… saving over $2,000 per year in gas… in 8 years that lowers the Volt price by $18,000.

    Every major car mfr. is scrambling to make a vehicle to compete with the VOLT… every one. Last I heard 30 new models will be intoduced in the next year or so.

    Yellow journalism is the only thing that people have no interest in… it only flaunts your ignorance.

    • http://Web Mark Buehner

      Yawn. GM has sold 3200 volt thus far, and dropping. Sales are going to quadruple in the next year? Sure. And I challenge you to pick up a phone to the GM dealer and ask if there are Volts available to drive away- chances are the answer is YES! GM has been caught lying about the backorder for Volts, they are sitting on lots, not backordered waiting for production.

      You’re paying at least $12,000 dollar premium for a Volt which is massively subsidized on both ends of the deal. If GM had to sell the Volt for what they make it for they wouldnt sell 100. How many fill ups does it take to get to $12,000… minus the electricity charges? A lot. Not to mention all the unknowns of going in for a first generation vehicle. Anybody that is buying a Volt to save money is a fool and since that really is its only selling point aside from taking one for the Green Team, which has time and time again been shown to be great in theory but an utter failure in reality.

    • http://NA Brett

      100 MPG? 200 MPG? I suppose if I did ALL my driving within the plug-in electric range of the vehicle and never put a gallon of gas in the car, I could achieve 1,000 miles per gallon? Why not 10,000 MPG?

      Nonsense.

      The EM system of the Chevy Volt limits the battery pack’s usage to 10.4 kWh. Out here in California, with PGE’s tiered pricing, a full recharge of that battery will cost over $4 in utility costs. That’s $4 for a range that’s less than what I can get for a gallon of gas in a comparable gasoline or diesel equipped vehicle.

      $2000/year savings? More nonsense. Perhaps only true if you completely ignore the checks you will wind up writing to your utility company to pay for that electricity.

      Want to know why people aren’t flocking to buy Volt’s? That $45K price tag is perhaps double what non-EV-enthusiasts are willing to pay for what is really nothing more than an expensive, but nonetheless garden-variety compact vehicle.

      • http://www.sublimeburnout.com Christopher DeMorro

        @ Brett and the Other Volt Haters

        Do all of your trips consist of 35+ mile jaunts? Mine don’t. That’s the point. The Volt can go short distances without sucking down any gas. Maybe in California it will cost you $4 to fill up for those 35 miles…but that’s about the price for a gallon of gas and, unless you drive a Prius, there aren’t many other cars out there that can ACTUALLY do 35 miles of city driving on a gallon o’ gas.

        It’s funny. You Volt Haters remind me of the people who used to say what an overpriced, impractical, un-essential device a cellphone was…and they had a point, to a point. But what they, and you, all seem to lack is vision. The Volt is just the first step. This technology will filter down as it gets cheaper, the same as cellphones did. You may not like it, but you may not have a choice, because gasoline prices are only heading upwards. Hard to believe that a decade ago, gas only cost a little more than a dollar a gallon. If that is an indicator of what gas prices will be like in the next decade, well you, me, and the rest of America are going to be BEGGING for more cars like the Volt.

        • http://Web Matt

          There’s plenty of ways to deal with rising gas prices, primarily drilling in various areas that are rich in natural resources in the US. The price of gas will drop, people can drive what they want, everyone but the whiny environmentalists win. Sorry, in this economy I’m alot less worried about the green of mother earth and more worried about the green in my wallet. Its not that I lack vision, its that I have an overabundance of common sense and a deep seeded resentment for people who want me to pay out the ass to “go green.”

          • http://www.sublimeburnout.com Christopher DeMorro

            @ Matt

            Bzzzt, wrong. Gas is high because of global circumstances. If we drill more oil here, Saudi Arabia and Venezuela are likely to lessen their output, putting us right back at square one. America uses 20 million barrels of oil per day, and even if you opened up ANWR, how much do you think it will cost to ship oil from the top of the word down to the rest of America? It certainly isn’t going to bring down prices, not for nearly 20 years, and then, only 3 cents a gallon. Do a Google search if you don’t believe me.

            Gas prices are going up. Cars like the Volt are going to be the only way we maintain any semblance of personal mobility in the coming decades if gas prices keep going up.

          • http://importantmedia.org/members/joborras/ Jo Borras

            Yes, everyone but the whiny environmentalists who want to breath clean air and drink clean water and still have an eco-system to show their grandkids wins. This (your comment) demonstrates exactly the kind of clown mentality of those who invested heavily in the housing market before the bubble because “home prices always go up”, then acted surprised when they lost their behinds after the bubble burst, and walked around saying “no one ever told me home prices could drop like that”.

            You should be embarrassed by your lack of forethought.

        • http://NA Brett

          Sigh.

          I suppose if you can’t actually make a valid argument, it’s best to resort to ad-hominum’s and then change the subject to cell phones?

          EVs will become a practical solution when the battery storage, energy density, and the infrastructure is there to support it. Tepid sales of EVs are the markets conclusion they are not yet there. Articulating that fact doesn’t make me a hater.

          When you fully consider the total cost of owning these vehicles, including the significantly higher purchase price, utility costs, and the inevitable costs associated with environmental recovery of the batteries. EVs are simply not credible solutions to our energy and transportation needs.

          Instead of spending precious federal dollars propping up sales of niche-market EVs, we should be focusing our efforts on reducing bureaucratic inertia and shifting public opinion to embrace sales and adoption of reasonably priced, high-mileage diesels.

          Replacing millions of low-mileage vehicles with practical high-mileage diesels will accomplish far more for the environment and our energy security than anything EVs can ever hope to accomplish.

          • http://www.sublimeburnout.com Christopher DeMorro

            @ Brett

            Americans have already proved once that they have a severe aversion to diesels, and the technology for high-mileage diesels isn’t exactly simple science. And even then, we’re still locked to the price of a barrel of oil. Say what you will about filling the Volt up with coal power, at least those prices have been relatively stable for the last decade.

            As for infrastructure, do you have electricity in your house? And a washing machine? Well congratulations, your house is already wired for a Level 2 EV charger. There’s your infrastructure.

            People are buying the Leaf and Volt, despite being well informed of their limitations. Some are just Hippies. Others are practical people who’d rather not have to pay for gas much, or at all, despite the extra up-front cost. And once they tax credits run out and the price of gas is more akin to $5 a gallon, they’ll be the ones laughing…

          • http://NA Brett

            “And once they tax credits run out and the price of gas is more akin to $5 a gallon, they’ll be the ones laughing…”

            Considering that Volts are currently selling for over $45K and comparably-equipped conventional vehicles sell for less than half that. There is at least a $15,000 premium being paid for a Volt. Perhaps more.

            Let’s further assume $5/gallon gas and 30 MPG performance of a conventional vehicle equivalent. That means I will be able to drive nearly 100,000 miles on the price-differential alone. When you further include the cost of electricity (which you’ve conveniently ignored throughout these posts) – it’s not even close.

            Further note that you can’t use the cheap coal argument when the EPA is currently working to force an unnecessary and early retirement of coal-fired plants. In an environment of “necessarily skyrocketing” electricity costs, I’ll be happy to compare my expected fuel-bills with your electricity bills.

            And no. I won’t be laughing. It’ll just be yet another sad example of bad national energy policy perpetrated on the public by green activists.

          • http://Web Will

            I’m completly with you. I don’t want an overpriced 4 seat car like the Volt that the President tells me that is good for the economy. I don’t believe him. No. No. No

  • http://www.musconetcong.org Bill Leavens

    Leave a Reply

    • http://Web Left a Reply

      You got it, Bill

  • http://www.musconetcong.org Bill Leavens

    OK. Cross shop a fuel efficient Volt against a Focus or a TDI Volkswagen. They provide very good mileage in a comfortable family car without the complication of a hybrid. Yes, Volt will meet the needs of many car buyers. But at a hellish cost compared to the comfort, handling and efficiency of more conventional cars. Right now, diesels are the best answer for buyers who value efficiency. But then Americans don’t like diesels, do they?

    • http://Web T Adkins

      As Americans we are told we hate diesels so we arent offered very many options for it in the US. Then we have the quality of our diesel fuel which isnt up to the standards of the EU, there are companies that want to sell the cars here but our fuel is too dirty to run in their cars.

    • http://Web apb

      Love my Chevy Duramax; wish the bow-tie idiots would have continued the down-sizing Duramax program for SUV’s and eventually cars. Who wants to pay $40K for a coal-burner?

  • http://Web ChicagoGirl

    I agree the price is more than people can afford. I understand that GM needs to recoup development costs but the average american can’t afford this price.

    I also think that the design leaves some things to be desired for a $45,000 price tag. It is small and kinda looks cheap. (especially when compared to the concept)

    And there was that article posted on this blog months ago about a garage burning down with 2 electric cars plugged in, one being a Volt. I’m not ready to pay extra for a charging station or firewall in my garage.

    While I am impressed by a lot of the Volt’s innovation, I am sticking with my 25 mpg, 11 yr old car with 107,000 miles on it.

    • http://Web Tim Cleland

      “…but the average american can’t afford this price.”

      Translation: Electric cars are not ready for prime time yet.
      They’ll always have a niche market, but until their price comes down, that’s all they’ll have. Sure the Nissan Leaf is cheaper, but you’ll need a second car for any long trips (or for the winter if your commute happens to be in the 60-70 mile round-trip range as I hear the winter range is significantly less than 100 miles).

  • http://Web will

    The fanboys following GM like little girls following Justin Bribes are starting to face the reality. The Volt is a pawn car being use to help improve the GM’s CAFE rating to the Obama mandated 54 MPG. This way they can keep selling all the less efficient and money making trucks that customers reply want. BTW who would really want a new product by GM when their defect rate is 2times higher than Toyota at 3,5, and 10money years.

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  • http://Web Nixon

    “only around 3% of mainstream car buyers were likely to consider the Volt”

    That would be more than THREE HUNDRED THOUSAND potential sales per year just from mainstream buyers. Since GM is only planning on building a fraction of that number each year, they have plenty of years before they will even satisfy mainstream demand. And that doesn’t even touch enthusiast sales.

    The math is pretty simple. Demand will out-strip production even based upon these “bad” numbers.

    • http://Web Allan

      That made no sense. Your figures assume that 10M cars will be sold. That’s about double what history shows. Also, you assume that every one of those 3% who consider the Volt will buy one, which is just ridiculous.

    • http://Web Tex lovera

      And outta your 300,000, I’d bet 90% of them read and follow Consumer Reports’ recommendations. Left-leaning CR recommends NOT buying the Volt. That will certainly help things….

    • http://Web Mark Buehner

      That would be a relevant fact if every one of those 300,000 were in the market for a new car… or if ‘considering’ materialized into buying.

      Gm and the administration is spinning as fast as they can, but sales figures are what matter and they don’t lie. There is no clamoring for the Volt and nobody is waiting in line for them. They are sitting on lots and GM is panicking. The are trying like heck to bark up interest by maintaining the illusion that they are hard sought after.

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  • http://Web DirtyJobsGuy

    This fascination with electric cars baffles me completely. A real world improvement in IC engine efficiency would reduce fuel consumption far more than any electric.

    Oops… I forgot, we have achieved impressive improvements in engine efficiency but consumers have used that up with greater car weight (air bags etc.) and increased driving (lower fuel costs make it easier to do all the things you want to do with cars).

    Why would any consumer want to buy a poorly performing small sedan just because it has some electric motors? Remember that even government motors can’t penalize a profitable business line to subsidize a lower (like the Volt) too much. It causes justifiable anger in employee ranks. They know pretty well how small this market is and how many they need to sell to game CAFE.

  • http://Web no surprise

    Is this a surprise? You don’t buy a car for transportation. If you want transportation you can:
    Call friend
    Call co-worker/rideshare
    Call family
    Call cab
    Take bus

    No, you buy a car for the flexibility of transportation. All of the above are perfectly adequate means of transportation. What they lack if flexibility.

    So now we see the market failure at work here. This car is spectacularly successful for those who need an expensive, inflexible transportation back and forth to work, etc.

    If you expect your transportation device to be flexible enough to not only take the short trip to the store and work, but also take you a couple hours away to the inlaws and 10 hours away on that summer vacation, it’s useless.

    Whoever pushed this thing didn’t realize what they were selling. It’s not just a simple means of transportation, but a flexible means of transportation.

  • http://Web Jeff H

    Let me know when the price drops to, oh, say $999.00. Then we’ll talk.

  • http://Web Brad

    I can afford a Volt. The price for me isn’t the issue. I was on the mailing list and intended to buy a volt until the GM bailout occurred. I will not buy one now or ever.

    • http://Web Richard

      Good for you, Brad. I go one step further: not gonna buy UAW.

      • http://Web Paul

        Same here – just purchased a Kia after driving Chrysler’s all my life (I was a Chrysler tech for 19 years ) – I will never buy a UAW car the rest of my life.

        EVER

  • http://Web Over50

    Electric cars – the vehicle of the future, last year, this year, next year, the year after that, and the year after that, and …

    Face it, not only is there no real market because of the vehicle cost, wait until people find out what collision insurance will cost once the insurance pay for a few broken batteries, and then when people realize the re-sale value will drop like a rock once the battery is 5 years old – dead car charging.

  • http://Web Steve D

    All the wishful thinking in the world won’t get the average consumer past that initial sticker shock. Lets say you’re not a leading edge enviro trendsetter but just an average consumer who wants a quality fuel efficient compact. You’re going to visit the Toyota lot, the Ford lot, the VW lot the Honda lot etc.. and you’re going to see some fantastic value on some fantastic cars (and that doesn’t even factor the used car bargains out there at even better prices). It’s going to be a really tough row for thte volt to hoe against that market with that price. $7500 tax payer provided subsidy or not.

    • http://Web Edster

      It’s more than just sticker shock. It’s just simple math. Figure out how long it will take you to offset the sticker price, even with subsidies, and you will find it will take 10+ years easily. Even more so since the gas engine in the Volt is not that efficient compared to similar gas cars. Unless you pretty much fit in that 35 daily miles sweetspot, forget about it. You are looking at 15+ years to offset the price difference.

      People also forget about the hidden subsidy in the Volt, which is that the battery makers are also getting money injections with our tax dollars. If not, GM would pay even more for the batteries and the Volt would be even more expensive. The Volt is a good research project, no way should it be a production vehicle.

      • http://bobbleheadguru.com @bobbleheadguru

        Here is some simple math:

        1. Volt can be as low as $460/month to lease ($0 down and 15K miles per year, including 6% tax). This is $150/month higher than my 2008 Impala.

        2. I can save $145/month in fuel, including all electrical charging costs.

        +$5/per month to upgrade from Impala to Volt. The key is to get the lease.

        3. The $7500 Tax Offset that my leasing company will get is 1/3000th the cost of a fully taxpayer funded F16… which will be superfluous when we are no longer addicted to foreign oil.

        Which will do more long term to protect our national interests? Getting 3000 Volts and Leafs on the road faster… or building 1 F16?

        • http://Web Matt

          Yes great, more handouts from our tax dollars to people for driving “green” cars. That is so what I had in mind everytime I have to cut Washington a check – “Gosh, could you please take my tax dollars and give them to people so they will buy “green” cars to feel better about themselves that they are saving the environment”. If a car can’t be sold on its own, without subsidies, then it shouldn’t be in production. Capitalism handles inefficiency in a most efficient manner- its when government tries to monkey with the market (hey, lets bail out GM so they can produce overpriced OMG GREEN vehicles), we get inefficient, overly expensive, unwanted products.

          • http://Web Alex_Great

            Matt, you’re a foxnews ditto head.
            Do you even have any idea how much oil has been subsidized by the american government since it’s inception??

            Word of advice, google is your friend fox and friends aren’t.

    • http://Web brent

      if your a renter can you get this car …no !!!
      if your a homeowner do you want this car and the added hassle of installing a charging station into your garage …no !!!

      volt = huge failure

  • http://Web MnemonicMike

    The writer obviously has no clue about the automobile industry. Anyone vaguely familiar with the car industry knew from the outset that the Volt would be a complete turkey. Only enviro-hopers thought that their fantasy/dreams would come true. Like Obama, this has been a totally failed experiment.

    • http://Web Alex_Great

      Another paid troll working for a conservative think tank subsidized by the koch brothers.

  • http://Web Mike

    In my wealthy Silicon Valley neighborhood the Nissan Leaf is the new status symbol of the eco-conscious rich These people wouldn’t be caught dead in a Chevy car.

  • http://Web Matt

    While I’m all for a more fuel efficient vehicle, one fo the reasons many of these “green” projects don’t work out is the sheer cost to make XYZ product “green”. Sorry, I don’t care enough about “Our Mother Earth” to pay an additional 25k so I can say I’m “green”.

    • http://importantmedia.org/members/joborras/ Jo Borras

      Right. You don’t want to pay an additional 25K to be green, and that’s reasonable – so you drive a 20 year-old reliable, mechanically sound car that gets 30-40 (ish) mpg, at least, because that’s cost-effective, right? I mean, the net cost of keeping a $5K car on the road is well under $25K, right? From a strictly economic sense, you’re keeping that 20 year old car (like a 500 E Mercedes or E30 BMW – it’s nice, right? A classic? Of course it is! You’re not one of those suckers that spent $25K on a new car – the fools!). They’ll pry it from your cold, dead hands, right?

      Right. Thanks for the lesson in economics.

  • http://Web Peter

    Technically, the inability to connect (with consumers, for example), is an open circuit, not a short circuit. A short circuit is the one that causes sparks and smoke.

    • http://importantmedia.org/members/joborras/ Jo Borras

      Peter 1 : Fact-checking 0

      :)

  • http://Web Notgreen

    Whoops I could have had a V-8

  • http://Web Dave

    Government Motors lost me as a customer during the bailout.

    • http://importantmedia.org/members/joborras/ Jo Borras

      Same here. They get enough of my money through the IRS.

  • http://Web Badger

    Don’t discount the consumer ill will GM has built up over the years. After the Vega cylinder wear and head sealing problems, the 4-6-8, the first gen GM diesels, and other turkeys including the lemon pickup they sold me that was leaking every single fluid in it except fuel at 45K miles I’ll wait on spending my hard earned cash until a smarter company makes a car with the same drivetrain concept.

    • http://importantmedia.org/members/joborras/ Jo Borras

      Over the years? Try the last 3 years! That alone has left a bad taste in many people’s mouths – including mine! I don’t want to help GM any more than the gun-toting mental patients in the GOP next guy, but the Volt is a great car.

  • http://placeitonluckydan.com/ Soapy Johnson

    Sales failed to rebound and demand has been non-existent since February’s Chevrolet Volt 400 disaster … http://placeitonluckydan.com/2011/05/nascar-pulls-plug-on-chevrolet-volt-400/

  • http://Web John

    This can’t be true. President Obama has announced that Americans want small, fuel efficient vehicles. If you don’t stop buying trucks and SUVs, he may just have to pass a law.

    No, not a law, what am I saying? That would involve Congress. What I meant to say is that he would have his Green Car / UAW czar tell the Commerce Department to declare a moratorium on the construction of those vehicles, kind of like when Obama shut down the oil industry by fiat.

    No need to involve Congress. Then it just gets messy, what with people’s representatives having a say and all.

    • http://importantmedia.org/members/joborras/ Jo Borras

      Yeah, you must not have wandered across a GM dealer lately – you know the ones, where they’re sold out of Volts and Chevy Cruze Ecos but have a 200 day supply of pickups? Oh wait, I forgot that some people don’t like reality and fear change. Sorry to offend! We’ll all go back to thinking pickups and Harley are cool. No need to fret, sweetie. ;)

  • http://Web Craig

    The problem is not a declining average income. Some 90% of households still have their normal income and could afford the Volt now just as they could have when it being planned. Sales certainly would have dropped at the margin, but there’s something else.

  • http://Web Marty

    No, let’s NOIT forget about the tax incentive which is just flushing more money down teh malinvestment drain for every one of these turkeys that’s sold.

    It’s actual cost to produce reflects an extreme waste of resources–yeah, it can save some petroleum and reduce emissions A BIT, but it wastes just about everything else imaginable—metal, rare earths, all sorts of chemicals, all sorts of engineering and production talent that could be productively spent on things that are useful, etc etc etc.

    A vehicle that costs $50K (w/o subsidy) and can almost do the same job as one costing $18K is NOT efficient and is NOT environmentally friendly. It is at best a highly specialized pilot project good only for technology development but nopt ready for mass use.

  • http://Web RCrierie

    It’s worth noting that the plant that makes the Volt in the US also supplies the Volt for overseas markets and rebranded Volts (Holden/Audi etc) for sale in overseas markets; so keep that in mind when you hear about production being raised.

    • http://www.innovation.uccs.edu Dr Innovation

      Despite all the comments, no one seems to have pointed out that that CNW marketing, the firm behind this erport, is the same headline seeking “research” group that claimed that the over its lifetime the Hummer H3 was more efficient than the Prius. They are reclusive and secretive but are clearly anti-green in a big way and nothing they report should be take seriously. Maybe their “market survey” are samples from their subscribers (e.g. from that H3 vs Prius report. ).

      Those complaining about subsidies for GM, think about what John Huntsman said recently in the Rep. Debat.. that the US subsidy for gas is $9 a gallon. (I think that is high). With that
      if one considers the life of a car to be say 150,000 then one can estimate the total subsidy for different vehicles:
      F150 Truck Lifetime subsidy 71,052.
      BMW 3series(25mpg) Lifetime subsidy 54,000
      Eco Cruze(35mpg) Lifetime subsidy 39,456
      Prius (50mpg) Lifetime subsidy 27,000
      Volt Lifetime Subsidy 18,750 (Gas + 7500)
      Even if you cut the estimate of subsidy per gallon in half, the volt is still less subsidized. than most cars. The only difference is its a direct subsidy rather than an institutional one.

      But in the end the Volt is not just about economics, is a great car to drive. People don’t buy Lexus or a BMW just for their economy either.

      • http://importantmedia.org/members/joborras/ Jo Borras

        I think the point at the end (about Lexus / BMW) is the right one to make. The rest of your comments just get in the way of what is, I think, a very good insight there.

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  • Ralph

    My Volt – great investment.

    Paid cash for a basic trim Volt.  $43,500 out the door.  Saving about 3-4% there.  Sold enough growth fund crap (that was taking a nose dive) to make sure I get my $7,500 tax credit.

    My “Kill A Watt” meter tells me I am getting the equivalent of 135 MPG on electric.  (I can’t stand people who brag about their cars getting 45 MPG … on the freeway!). Most of our driving is in the city!  Get real!

    When I calculate the miles I drive per year, I will save a bare minimum of $10,000 in gas over a 10 year period.  I had 3 Caddy’s that I kept for over 16 years each.  They were immaculate when I sold them, so I do know how to take care of a car.

    $43,000. Price
    –   7,500. Tax credit
    – 10,000. Savings on gas (probably more like $13-15 thousand!).

    = Tada!    $25,500

    Very few stocks making that kind of money now-a-days.

    I know Prius owners who still have to visit the petrol station way more than me.  I am still on Chevy’s gas, (original fill up) with 150 miles to go before I have to fill up.  I have driven the car over 1,000 miles.  That’s 1,150 miles driven before I visit the cartel’s house of pain.

    The Prius will burn much more gas than my Volt, so you have to add that to the price of the Prius.  Any $18,000 tin can can get great millage, but it still burns gas and you have to add that to the final cost.  In the mean time, I am driving a solid car.

    Final argument.  The Volt is American made.  I have not bought a foreign car in 35 years and I am now proud to say that I am burning American made electricity at 135 MPG.  Try visiting any Made In America web site and get patriotic!

    Volt haters don’t own Volts.  Don’t buy one because you will fall in love and your old friends will hate you!

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  • Airton

    Another Volt owner here, you haters don’t know what you’re missing. Chevy Volt, what an amazing car.

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