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I seriously doubt they are losing money on each car. Someone calculated a loss per car by amortizing all the current R&D costs into some number they expect GM t
by pkulak 10y ago
I seriously doubt they are losing money on each car. Someone calculated a loss per car by amortizing all the current R&D costs into some number they expect GM to sell this year. That doesn't mean parts+labor is more than the sale price. If they make and sell a 100,000 of these things in 2017, they'll make a boat load of profit, trust me.
If they didn't want it to sell, they wouldn't have given it a 60 kWh battery. A car company can get all the fleet credits they need by selling a gasser with the engine ripped out and 20 kWh of batteries shoved in the trunk. I'm getting a little sick of people not giving GM _any_ props at all for doing something pretty amazing here.