4 ms·
Should've just kept selling the Bolt. You know, the immensely popular, cheap, established vehicle brand they've been making for years? Oh well.
by ivraatiems 3y ago
Should've just kept selling the Bolt. You know, the immensely popular, cheap, established vehicle brand they've been making for years? Oh well.
- 7thaccount 3y agoYeah right? What was the reason?
- ethbr1 3y agoAlmost certainly: profit margins on different models. - Bolt: -$4k to -$9k per vehicle [0] - Suburban: +$10k per vehicle [1] [0] https://www.hotcars.com/gm-admits-bolt-not-profitable/ https://www.hotcars.com/gm-admits-bolt-not-profitable/ [1] https://gmauthority.com/blog/2023/06/heres-how-much-profit-gm-makes-on-full-size-trucks-and-suvs/ https://gmauthority.com/blog/2023/06/heres-how-much-profit-g...
- ivraatiems 3y agoThis is correct, I believe: Chevy never made the kind of money they wanted to on the Bolt, despite its popularity.
- jevogel 3y agoIt solely exists for CAFE. Make money with trucks, boost fleet mileage with a low-end EV.
- fnordpiglet 3y agoThe politics of established ICE execs vs the EV execs and Tesla margin envy.
- claytongulick 3y agoOr the Volt. That's the one I really wanted. 50 miles electric, extended range gas at over 40mpg.
- yuppie_scum 3y agoGood news for you bud https://www.caranddriver.com/news/a44639082/chevrolet-bolt-ev-second-generation-details/ https://www.caranddriver.com/news/a44639082/chevrolet-bolt-e...