gbobman wrote:But from the commitment of the company as a whole, they seem to be treating it as a compliance car. Taking the loss and mitigating ongoing expenses.
oilerlord wrote:gbobman wrote:But from the commitment of the company as a whole, they seem to be treating it as a compliance car. Taking the loss and mitigating ongoing expenses.
Others will challenge you on using the terms "compliance car" and suggesting they are taking a loss - but it appears to be the crux of the matter. Do they want to sell the car or not? To me, it seems like GM is treating the Bolt as a tax on the continued business of selling profitable trucks and full size cars.
If there was a juicy profit margin with the Bolt, rest assured - it would be offered in all 50 states, and we'd see as many TV ads for the Bolt as there are for the Silverado.
The Bolt lowers GM's MPG fleet numbers (Corporate Average Fuel Economy) and allows them to continue to sell all those full size
(big profit) gas hogs in CA.
ArthurL wrote:4000 orders in Norway. 40 shipped, 400 promised year 2018. One shift, one shared production line. That is the problem. I preordered mine first week of November got it mid April.
oilerlord wrote:What happened???
The Bolt ended up being a nondescript econobox, that happens to be electric - barely managing 1000 units sold per month. Really, should we be surprised when logic and numbers dictated the project's outcome?
I think the Bolt could have been so much more, but at least GM's customers got what they wanted.
mbepic wrote:oilerlord wrote:Wow, you were ok, until you referred to the BOLT EV as an 'econobox'; far from the truth, in my opinion.