FYI: GM has responded to the Reuters story, and they say they made the same basic error as the one reported months back by Fox News (which said each Volt cost well over 100k (closer to 200k?)):
Quote:
Reuters’ estimate of the current loss per unit for each Volt sold is grossly wrong, in part because the reporters allocated product development costs across the number of Volts sold instead of allocating across the lifetime volume of the program, which is how business operates. The Reuters’ numbers become more wrong with each Volt sold.
|
GM Response to Reuters Story on Chevrolet Volt Development Costs