Posted By Staff
Date: September 10th, 2012
Category: Nutty News
Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.
Cheap Volt lease offers meant to drive more customers to Chevy showrooms this summer may have pushed that loss even higher.
There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce. Full Article