Report: General Motors CEO says Volt will be in low 30s and be profitable

The tax credit is based on battery capacity, meaning the plug-in Prius will qualify for about $3,500.
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Does that apply to after-market installs also? Or only factory-built plug-ins?

 

Man, that is one fugly looking car.

 

Wow, the front spoiler / air dam is practically dragging on the ground. I wonder if that will be carried into production? I think a standard 5" parking curb would take that thing off.

 

20s, then 30s, then 40s, back to 30s.
Again, I am simply not going to believe ANY details (availability date, cost, mpg with and without batteries, electric range, etc) until I actually see a product.

 

What ~ he doesn't take questions? No one asks? What's up with that.

Ask prior EV1 Lessors. Their air dams were similarly low slug for better drag rates. Sick irony ... GM charged back the EV1 lease customers for bringing 'em back with damaged air dams at the end of the lease, before they crushed 'em.

Will the Volt production be that low? My inquirey is will it make it into production at all.
hope hope.
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That particular tax credit is tied directly to each automaker, with specific quantity/time limits.

So, no.
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They really know how to build customer loyalty, don't they? :madgrin:

Good point. I think they will go into production eventually but the number of available vehicles will be purposely be really low.

 

I think GM will constrain the amount of Volt's artificially to create hype

 

Battery production will limit the amount of Volts just as it has limited the amount of Prius production in the past.

 

Perhaps he meant MPG not price :madgrin:

 

As CEO, and new on the job, I just don't think that he has the familiarity with little nit-picking details such as how the Tax Credit mechanism works. Shooting from the hip so to speak.

Over on the GM boards the faithful were in Super Bowl mode when this story hit. The cheering could be heard all the way over here . Then the comments reverted to Ayatollah-mode...'Death to the Prius'.

 

This has been in the law for at least a year. The tarp funds have nothing to do with this. The volt has been rumored to be in the low 30s after $7500 tax credit for a long time. Please complain about the fuel cell, oil scale, ethanol government give aways. Electric cars look like they will benefit from the incentives, and they are likely to be short term.

UAW and car companies including toyota have conspired to keep the cafe standard low, and to put personal use trucks and suvs in other categories. Toyota and GM conspired to change the california law that helped kill the ev1. Let's get some more electrics out there so that battery costs drop and imported oil is less necessary.