GM denies losses of $49,000 on every Chevrolet Volt

Reuters estimates that GM is losing as much as $49,000 on every Volt. That's $10,000 more than the extended-range electric car's sales price. But the automaker said the wire service's calculations ignored that development costs are typically spread out among all vehicles sold over the course of the model's lifetime.

GM denies losses of $49,000 on every Chevrolet Volt Chevroletvoltside11xwid

GM has acknowledged it's losing money on the Volt, but won't say how much. But GM argued that its investment will pay off over time as Volt sales accelerate and the cost of the extended-range electric/generator powertrain comes down and is offered in other models over time.

http://content.usatoday.com/communities/driveon/post/2012/09/10/chevrolet-volt/70000080/1

GM denies losses of $49,000 on every Chevrolet Volt

GM denies losses of $49,000 on every Chevrolet Volt

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