Chevy Volt - tops Consumer's Report

[nnuut]

Cheaper Batteries would help, but how about one that will take you at least 100 miles on a charge 40 miles doesn't hack it.

 

[PessOptimist]

No matter what, when running in the full electric mode it's still about 50% coal powered. The emissions are just in someone else's back yard.

PO

 

[James48843]

VOLT sales up 33% over last year same month.

GM sales overall up 3.4% over last year same month.

http://media.gm.com/content/dam/Media/gmcom/investor/2012/Deliveries_Nov 2012.pdf

Continued profitability.
Way to go GM.

Keep growing and increasing sales.

[h=3]GM U.S. Sales Increase 3 percent in November[/h][h=3]Mon, Dec 3 2012[/h]DETROIT – General Motors Co. (NYSE: GM) today reported its highest November sales in the United States since 2007, with deliveries up 3 percent versus a year ago to 186,505 vehicles. Year-over-year sales to retail customers were essentially equal to a year ago and sales to fleet customers were up 16 percent.
“In November, we saw strong car and crossover sales and we continue to make inroads with younger customers, import drivers and buyers focused on fuel economy,” said Kurt McNeil, vice president of U.S. sales operations. “Sales at Cadillac and Buick are benefiting from the buzz generated by new products, including the Buick Verano, Cadillac XTS and Cadillac ATS.”
Sales of GM passenger cars increased 19 percent in November compared with a year ago. Crossovers were up 9 percent and sales of trucks were down 11 percent. Buick and Cadillac had their best November sales since 2006 and 2007, respectively.

• Passenger car sales were up 77 percent at Cadillac, 22 percent at Buick and 13 percent at Chevrolet.
• Combined sales of mini, small and compact cars were up 51 percent compared with a year ago, driven by the new Buick Verano and Chevrolet Spark, a 27 percent increase for the Chevrolet Cruze, a 33 percent increase for the Chevrolet Volt and a 12 percent increase for the Chevrolet Sonic.
• Crossover sales were driven by a 44 percent increase for the GMC Terrain, a 23 percent increase for the Buick Enclave and a 13 percent increase for both the Chevrolet Equinox and the Cadillac SRX.
• Sales of large pickups were 8 percent lower in part due to unexpectedly high competitive incentive activity, which GM did not match.

The average transaction prices for GM vehicles increased $750 per unit versus a year ago, even though the company’s car and crossover mix increased from 56 percent of total sales to 62 percent. ATPs also increased about $190 per unit from October, when the car and crossover mix was 60 percent.
[TABLE="align: center"]
[TR]
[TD="width: 78"]

2012 Highlights ​

[/TD]
[TD="width: 72"]

Nov. Total Sales ​

[/TD]
[TD="width: 72"]

Total Change vs. Nov. 2011 ​

[/TD]
[TD="width: 66"]

Nov. Retail Sales ​

[/TD]
[TD="width: 72"]

Retail Change vs. Nov. 2011 ​

[/TD]
[TD="width: 66"]

CYTDSales ​

[/TD]
[TD="width: 60"]

CYTD Change vs. 2011 ​

[/TD]
[TD="width: 66"]

CYTD Retail Sales ​

[/TD]
[TD="width: 90"]

CYTDRetail Change vs. 2011 ​

[/TD]
[/TR]
[TR]
[TD="width: 78"]

Chevrolet​

[/TD]
[TD="width: 72"]

128,867​

[/TD]
[TD="width: 72"]

0.0%​

[/TD]
[TD="width: 66"]

88,640​

[/TD]
[TD="width: 72"]

(4.3)%​

[/TD]
[TD="width: 66"]

1,684,555​

[/TD]
[TD="width: 60"]

4.3%​

[/TD]
[TD="width: 66"]

1,146,658​

[/TD]
[TD="width: 90"]

3.3%​

[/TD]
[/TR]
[TR]
[TD="width: 78"]

GMC​

[/TD]
[TD="width: 72"]

29,832​

[/TD]
[TD="width: 72"]

1.2%​

[/TD]
[TD="width: 66"]

25,101​

[/TD]
[TD="width: 72"]

(3.4)%​

[/TD]
[TD="width: 66"]

369,960​

[/TD]
[TD="width: 60"]

3.9%​

[/TD]
[TD="width: 66"]

311,542​

[/TD]
[TD="width: 90"]

2.7%​

[/TD]
[/TR]
[TR]
[TD="width: 78"]

Buick​

[/TD]
[TD="width: 72"]

13,289​

[/TD]
[TD="width: 72"]

22.1%​

[/TD]
[TD="width: 66"]

12,232​

[/TD]
[TD="width: 72"]

18.4%​

[/TD]
[TD="width: 66"]

163,935​

[/TD]
[TD="width: 60"]

0.8%​

[/TD]
[TD="width: 66"]

147,327​

[/TD]
[TD="width: 90"]

5.3%​

[/TD]
[/TR]
[TR]
[TD="width: 78"]

Cadillac​

[/TD]
[TD="width: 72"]

14,517​

[/TD]
[TD="width: 72"]

30.3%​

[/TD]
[TD="width: 66"]

13,547​

[/TD]
[TD="width: 72"]

25.9%​

[/TD]
[TD="width: 66"]

131,534​

[/TD]
[TD="width: 60"]

(3.4)%​

[/TD]
[TD="width: 66"]

123,850​

[/TD]
[TD="width: 90"]

2.1%​

[/TD]
[/TR]
[TR]
[TD="width: 78"]

Total GM​

[/TD]
[TD="width: 72"]

186,505​

[/TD]
[TD="width: 72"]

3.4%​

[/TD]
[TD="width: 66"]

139,520​

[/TD]
[TD="width: 72"]

(0.1)%​

[/TD]
[TD="width: 66"]

2,349,984​

[/TD]
[TD="width: 60"]

3.5%​

[/TD]
[TD="width: 66"]

1,729,377​

[/TD]
[TD="width: 90"]

3.3%​

[/TD]
[/TR]
[/TABLE]

“The East Coast’s ongoing recovery from Hurricane Sandy helped drive the November SAAR materially higher, but it benefited our competitors more than GM, since they rely on the region for more of their sales,” McNeil said.
“It’s clear that the industry will come in at the high end of our full-year sales forecast,” he added. “Exactly how much growth we can expect next year will depend in part on how Congress and the president resolve the fiscal cliff issue. Consumers hate uncertainty, so an agreement on ways to reduce long-term federal budget deficits could remove an impediment to growth.”
[TABLE="align: center"]
[TR]
[TD="width: 66"]

Inventory ​

[/TD]
[TD="width: 90"]

Units @
Nov. 31, 2012 ​

[/TD]
[TD="width: 96"]

Days Supply (selling day adjusted) ​

[/TD]
[TD="width: 102"]

Units @
Oct. 31, 2012 ​

[/TD]
[TD="width: 102"]

Days Supply (selling day adjusted) ​

[/TD]
[/TR]
[TR]
[TD="width: 66"]

All Vehicles​

[/TD]
[TD="width: 90"]

788,194​

[/TD]
[TD="width: 96"]

106​

[/TD]
[TD="width: 102"]

739,034​

[/TD]
[TD="width: 102"]

98​

[/TD]
[/TR]
[TR]
[TD="width: 66"]

Full-size Pickups​

[/TD]
[TD="width: 90"]

245,853​

[/TD]
[TD="width: 96"]

139​

[/TD]
[TD="width: 102"]

235,585​

[/TD]
[TD="width: 102"]

110​

[/TD]
[/TR]
[/TABLE]

[TABLE="align: center"]
[TR]
[TD="width: 91"]

Industry Sales ​

[/TD]
[TD="width: 108"]

Nov. SAAR (est.) ​

[/TD]
[TD="width: 132"]

CYTD SAAR (est.) ​

[/TD]
[TD="width: 126"]

Full Year 2012 (est.) ​

[/TD]
[/TR]
[TR]
[TD="width: 91"]

Light Vehicles​

[/TD]
[TD="width: 108"]

15.3 million range​

[/TD]
[TD="width: 132"]

14.4 million range​

[/TD]
[TD="width: 126"]

14.0 million – 14.5 million​

[/TD]
[/TR]
[/TABLE]

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at General Motors | GM.com.

 

[nnuut]

Taxpayers footing the bill for next generation of electric car batteries

By John Brandon
Published December 05, 2012
FoxNews.com


Whether you like it or not, you are an investor in the electric vehicle (EV) battery of tomorrow.
Late last week, the Department of Energy announced plans to spend $120 million to establish a major battery research center at the Argonne National Lab outside of Chicago. The stated goal: to create a new “Manhattan Project” that will develop an EV battery in the next five years that lasts five times as long and costs one-fifth as much as current EV batteries.
And they say it’s all in the interest of national security.:laugh:


Read more: Taxpayers footing the bill for next generation of electric car batteries | Fox News

 

[nnuut]

 

[James48843]

The Green Car Report article (now there's an unbiased opinion)

Ok. Fine. How about "The Street"? With an editorial by a writer who characterizes himself as "somewhere to the right of Rush Limbaugh"?
Setting it Straight: Chevy Volt vs. the Government - TheStreet

My point was simply to point out that, despite all the critics, those who actually are buying the Volt are giving it the highest ratings in Consumer Report's history, AND that Volt sales are now more than Chevy Corvette sales, GMC Yukon Sales, or Chevy Avalanche sales. More Volts were sold than Chevy Spark's in October. More Volts were sold than Buick Regals. Is this bad? Nope. It is an indication that things are working at GM.


Is it up to sales volumes of, say, an Impala or a Malibu?
Nope.

But it was never intended to be a mass-sales family sedan. The Volt is a totally new concept in transportation, using a different approach. And for that, it is extremely successful, and growing. AND YES- when you factor in the price of gasoline and electricity, it is now COST COMPETITIVE with gasoline-powered sedans.

And now- Consumer's Reports says, for the second year in a row, those who actually bought one are happier with their purchase than most buyers are with car purchases, and have the highest numbers of ANY car in Consumer's report survey this year. That is good news.

Congrats to GM for a fine vehicle.

 

[PLANO]

Government subsidy per Chevy Volt is NOT $250,000.

It is it about $25, when all is said and done.

You are incorrect by a magnitude of four.

If You Want To Attack The Volt, Try To Get Your Math Right

The Green Car Report article (now there's an unbiased opinion) "anticipates" in the next calendar year Volt sales will jump from the current 6,400 to 60,000. I think that's dishonest. The article also decides that if Chevy is given taxpayer money to cover their costs and Chevy is going to pay the money back with interest, that's not a subsidy. Um, yes it is.

Sink or swim on your own merit Volt.

 

[nnuut]

Government subsidy per Chevy Volt is NOT $250,000.

It is it about $25, when all is said and done.

You are incorrect by a magnitude of four.

If You Want To Attack The Volt, Try To Get Your Math Right

I saw one that said the total cost was $80,000 a while back, I'm not wrong maybe the author of the article is. I don't know but you really have to realize that this car is highly subsidized with our tax money, and we criticize China for doing the same thing.

 

[James48843]

Government subsidy per Chevy Volt is NOT $250,000.

It is it about $25, when all is said and done.

You are incorrect by a magnitude of four.

If You Want To Attack The Volt, Try To Get Your Math Right

 

[PLANO]

Wow, so the EcoBots are happy with their EcoBot cars. That's *shocking*

The same problem exists, the masses don't want this car.

 

[nnuut]

I suspect the price of electricty is going to ramp up - so a normal charge is going to cost more.

I can see a rise in TAXES due to the administrations demand that we pay Carbon Credits, just a scam for the few to make billions of dollars off of the citizens and share the wealth world wide. They never give up and we are letting it happen.:nuts:

 

[Birchtree]

I suspect the price of electricty is going to ramp up - so a normal charge is going to cost more.

 

[nnuut]

The price of a Volt is kind of tricky to figure. That's OK but it looks like the inevitable fall in the price of gasoline and natural gas will make sales in internal combustion vehicles soar. It's coming folks and probably will be the only thing that will save the economy. We will be the new Powerhouse of energy and manufacturing shortly, unless the administration does something stupid.

The madness of the Volt

The Volt lists for $41,000 – an absurdly high price for such an unappealing vehicle – but how much does it really cost? To get that number, one must add up the titanic subsidies plowed into its initial production: “$240 million in Energy Department grants doled out to G.M. last summer, $150 million in federal money to the Volt’s Korean battery supplier, up to $1.5 billion in tax breaks for purchasers and other consumer incentives, and some significant portion of the $14 billion loan G.M. got in 2008 for ‘retooling’ its plants,” according to a 2010 article in the New York Times, and that’s not counting the $50 billion taxpayer bailout that kept GM’s doors open.
Then you’ve got to add the direct subsidy extracted from American taxpayers for each Volt purchased. That’s currently $7,500 per car, although President Obama proposed increasing it to $10,000 per vehicle in his 2013 budget proposal.
Add it all up, divide by the number of Volts sold, and you’re well north of $250,000 per Volt. Many other cars, and big-ticket consumer goods, have some subsidy pixie dust built into the price, but the Volt emits a choking cloud of the stuff. It’s been a longtime contention of mine that government taxes, regulations, and subsidies distort the ability of consumers to fairly estimate the value of virtually everything, but in the Volt’s case, the out-of-pocket price bears absolutely no resemblance to the car’s true unit cost.

The madness of the Volt | Conservative News, Views & Books

 

[Frixxxx]

More:

Chevy Volt tops Consumer Reports' owner satisfaction survey for 2nd straight year | Automotive - Home

Great, a $40,000 car for the masses.....oh wait. Maybe not!

 

[James48843]

Chevy Volt tops Consumer Reports' owner satisfaction survey for 2nd straight year.

92% respondents who own electric car said they would definitely buy it again


NEW YORK - Would you get the same vehicle if you had to do it all over again?
That’s the single, revealing question the Consumer Reports National Research Center asked subscribers in its annual Owner-Satisfaction survey -- and the answer for Chevrolet Volt owners was a resounding “yes.”
Ninety-two percent of respondents who own the Volt said they would definitely buy it again, earning the car the distinction of being the top-scoring model in the Consumer Reports survey for the second year in a row.


"The Volt's two-year reign at the top of our satisfaction survey points to the continuing trend of owners' enthusiasm for cars that are fuel-efficient cars, especially as we see more and more hybrid and electric models hitting the market," said Consumer Reports’ Auto Editor Rik Paul. "The combination of sporty handling and strong engine performance also goes a long way in building loyalty and generating excitement among owners."

More:

Chevy Volt tops Consumer Reports' owner satisfaction survey for 2nd straight year | Automotive - Home