4 ms·

Yeah right? What was the reason?

• ethbr1 3y ago
  Almost 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 ago
    This is correct, I believe: Chevy never made the kind of money they wanted to on the Bolt, despite its popularity.
    • jevogel 3y ago
      It solely exists for CAFE. Make money with trucks, boost fleet mileage with a low-end EV.
• fnordpiglet 3y ago
  The politics of established ICE execs vs the EV execs and Tesla margin envy.