Shocking: Chevy Volt pricing could be under $30,000?
Possibly even coming in early 2010Since the Chevy Volt debuted at NAIAS in 2007, the potential price of the Volt has ballooned close to $50,000, as the date has pushed back to late 2010, or early 2011.
Well, reports coming out of Germany regarding a Rick Wagoner interview indicate that development of the Chevy Volt might now be going better than expected. According to the reports, GM is hoping to keep the price of the Chevy Volt close to $30,000. Even better, the Volt might go one sale on early 2010, rather than late 2010, although in limited numbers.
A $30,000 Volt in 2010? Wow. Let's just hope that GM's battery partners can get it together fast because it will be impossible for GM to stay up with demand if GM can keep Volt pricing at $30,000 or less.
posted by Dahcredyns at
7:20 AM
9 Comments:
blah, blah, blah. this is just a move to try to kick start gm's stock. if it costs $50,000 per car to make and you sell at $30,000, how long does it take before you're bankrupt?
It is possible that this report was mistranslated, or at least taken out of context, as it was originally reported in German.
Perhaps the Volt will cost more at first and less later, or GM is working with Congress and they already know a huge tax incentive will be available for plug-in hybrid buyers.
Or, maybe GM is wagering the future on economies of scale believing that the Volt and the E Flex platform are THE future for GM, PERIOD.
economies of scale aren't going to make up a $20,000 difference anytime soon. that doesn't make sense.
there aren't any suppliers for many Volt parts. that pushes costs significantly higher in the short term. once those parts are mass produced, however, many of those costs will decrease significantly.
still, gm can afford to lose money on the volt at first because the volt will be a huge marketing tool once its actually on the road - that'll be worth a few 100 million per year in advertising.
...and Santa is real
This post was based on a german report that was probably taken out of context because since then, GM has confirmed that the Volt will definitely cost much more than $30,000.
Perhaps GM is hoping that eventually the Volt could cost around $30,000 with economies of scale and tax credits, etc.
But you are right. Santa Claus is not real and neither is a $30,000 Volt.
If you build it they will buy it....and so will I. Go GM. I would purchase the Volt over a Prius anyday. So let's get busy because I am growing tired of buying gasoline for a daily commute of less than 30 miles.
slight edge,
again, this report was based on a translated transcript that was incorrect since bob lutz, for one, has reaffirmed that the volt is still going to be a $40,000 car.
so are you still interested at $40,000? what's such a car worth to you?
I do not think the Chevy will only cost $30,000. I do believe though that after a year or so the cost will drop to that amout or somewhere around there. I have read that a tax incentive will be available for the Chevy hybrid which will help people out a lot. At Mississippi State University our engineers are building a SUV plug-in hybrid that is very similar to the Chevy. It is known as the EcoCar. If you are interested about seeing the car or information about the team please visit the site http://www.cavs.msstate.edu/projects/ecocar/
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