It's very strange what you know to be facts, considering you said Obama hiked the credit to $10k. No such thing is true. Obama proposed in his budget to increase it. It's not law until Congress passes it, which is no small feat. In addition you said it was to bribe wealthy liberals. I own a Volt and am not wealthy, nor a liberal. And the Volt has never caught on fire outside of the testing facility. There was no Obama administration cover up. The NHTSA screwed up by not following standard procedure and disconnecting the battery after any major accident. Any first responder will tell you this is standard procedure. I personally know of at least two cases where Volt's have been in serious real world accidents and the occupants were protected. Just Google New Jersey Turnpike Volt. You represent yourself as a sponsor here on ET and want people to trust you with financial decisions, yet you make such misleading statements. Like I said, I hope you don't treat your clients like that. It seems you are the one making things personal by letting your personal and inaccurate opinions be stated as fact.
And you work for a GM auto dealer...It's not as if the employees are going to pull into work in a Lexus or BMW. Just put a disclaimer at the bottom of all your posts that says you work for GM and therefore are going to shill for them any chance you get.
Uh, actually I pulled into work for 2 years in a 20 year old Camry. We are not really encouraged or given any additional incentives to buy here. And we generally only buy something when we really like it since we have to pay more than customers for the cars. Volt sales represent less than 10% of my business. If they were to stop tomorrow, it wouldn't affect me much. Why is it around here that if you speak positively about anything, you are trashed and ridiculed? I mean, you guys just aren't happy unless you are or critisizing something, bombing something, polluting something or holding someone back. Pretty typical of Republican ideology these days. By the way, I don't work for GM. I work for my dealership.
Ouch! Never heard that one before. Is that your best line? Or maybe it's just a way to deflect the heat off of your ingnorant and untrue comments.
"GM's Volt - The ugly math of low sales, high costs" http://www.reuters.com/article/2012/09/10/us-generalmotors-autos-volt-idUSBRE88904J20120910
That article is kind of bullshit. Here is a long thread about it: http://www.reddit.com/r/business/comments/zn0ts/gms_volt_the_ugly_math_of_low_sales_high_costs_gm/
Here is the complete rebutal of the Reuters article: http://www.forbes.com/sites/boblutz/2012/09/10/the-real-story-on-gms-volt-costs/
I wouldn't even call that article news. It starts out by saying how affordable the Volt is and then the next line is saying how overpriced it is. Which one is it? The car comes with a standard household outlet charger. The 240 volt is not $2000 like the article says. It's $599. There is not a lack of interest in the vehicle. It's year over year sales continue to increase. I'm sorry that some dealership in NJ doesn't know how to sell them. I have sold 20, just me, in the past 9 weeks. The "weak sales" are not forcing the factory to close for 4 weeks. The factory, of which the Volt is a very small part of, is closing to retool for the upcoming Impala launch. How many articles have you read about the Malibu factory closing down? None, right. Well it is closing cause it's the same factory where the Volt is made. But you don't hear about the Malibu not selling. And lastly: It currently costs GM "at least" $75,000 to build the Volt, including development costs, Munro said. That's nearly twice the base price of the Volt before a $7,500 federal tax credit provided as part of President Barack Obama's green energy policy. What a complete outright lie. The $7500 tax credit was passed under the Bush administration. Obama had nothing to do with it. The Volt does not cost $75,000 to build. Nobody says that a pharmaceutical company's pill costs $500k to manufacture. But using their logic, it does. The first pill costs $1M and the second one costs 50 cents. Using their math, it costs them $500k to make a pill None the less, if I'm not mistaken, the Volt has sold more cars than all other electric cars combined.
I see used volts selling for high 20's to low 30's already. I'm curious if anyone knows when the batteries need to be replaced and the cost for that replacement?