HOME  |  NEWS  |  BLOGS  |  MESSAGES  |  FEATURES  |  VIDEOS  |  WEBINARS  |  INDUSTRIES  |  FOCUS ON FUNDAMENTALS
  |  REGISTER  |  LOGIN  |  HELP
Blogs
Automotive News
Chevy Volt's Big Problem Isn't Safety, It's Cost
2/9/2012

GM's Chevy Volt: Safety isn't an issue, but cost still is.   (Source: General Motors)
GM's Chevy Volt: Safety isn't an issue, but cost still is.
(Source: General Motors)

Return to Article

View Comments: Newest First|Oldest First|Threaded View
<<  <  Page 8/8
Dave Palmer
User Rank
Platinum
Re: Back to the drawing board
Dave Palmer   2/9/2012 10:24:58 AM
NO RATINGS
@rickman: Your point about long-term cost of ownership may be valid, but most peoples' cash flow doesn't allow them to make decisions which take five years to pay off.  I need to pay my bills from month to month.  So money which is available right now is worth much more to me than money which I might have five years from now. (Besides, if the car gets totalled in an accident, or some other unforseen event happens, the long-term savings which the spreadsheet predicts might never materialize).

You may have a point when it comes to leasing.  But in any case, I'm not in the market for a fully-loaded Prius, either.  I might consider a $19,000 Prius C.

rickman
User Rank
Iron
Re: Back to the drawing board
rickman   2/9/2012 7:02:23 AM
NO RATINGS
Am I the only person left who still uses a spreadsheet these days? Take a 2012 Volt w/ leather, and Bose. Skip the chrome rims and Nav for now. Take a comparable 2012 Prius (i.e. leather, stereo upgrade, tele-whatever (whatever their onstar equivalent is), and other comparable features. Apply the tax credit. Good? Now assuming typical driving habits, cost them out year by year for gas purchase and electric cost. Amazing what happens in year five right? VOLT IS CHEAPER. Change the price of gas to $4 or $5 and that savings kicks in on year 4 or 3. So if after 3-5 years of ownership the Volt equals or is lower in cost than a Prius, why is the Volt 'priced out of market' and a loaded Prius is not? 

Let's take it one step further. Assume you LEASED both cars. Well, in that case the Volt is cheaper day ONE, since the Volt's attractive lease deal puts it ahead of a comparable Prius lease (assuming similar mileage and down payment).

Do the numbers before you try blasting the numbers.

 

Beth Stackpole
User Rank
Blogger
Back to the drawing board
Beth Stackpole   2/9/2012 6:41:26 AM
NO RATINGS
"See if the Volt has legs"??? Is that suppose to portend an early demise for the Volt? Talk about a ding in GM's reputation. Why not get that engineering team back on the design and figure out a way to make the batteries smaller and take cost off the BOM?

I know automotive development cycles are far longer than other products, but isn't agile and iterative engineering what it's all about, especially when you're talking about new technology like EV vehicles. Obviously, you need to strike a balance so you don't have the market sit and wait until you finally get it right. Maybe there's some sort of rebate or upgrade plan for  brave early adopters. But it is far too soon to give up on the Volt, PR problem or not.

<<  <  Page 8/8
Partner Zone
More Blogs from Automotive News
Steadfast in its belief that diesel engines are right for the times, General Motors is expanding US availability of the compression-ignited technology in Chevrolet cars and light trucks.
The term “range anxiety” began fading into the rear view mirror recently, as major automakers made announcements about longer-range, battery-powered cars.
Self-driving vehicles, considered little more than a science fiction project a decade ago, are quickly gaining on electric cars as the auto industry’s technology of the future.
Ford Motor Co. announced plans last week to join an ever-growing number of automakers who intend to produce fully autonomous vehicles in the next five years.
Six big automakers will carry the electric vehicle (EV) battery market to a five-fold sales increase by 2020, a new study says.
Quick Poll
The Continuing Education Center offers engineers an entirely new way to get the education they need to formulate next-generation solutions.
Oct 10 - 14, Embedded System Design Techniques™: Getting Started Developing Professional Embedded Software
SEMESTERS: 1  |  2  |  3  |  4  |  5  |  6 |  7 | 8 | 9 | 10


Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.
Learn More   |   Login   |   Archived Classes
Twitter Feed
Design News Twitter Feed
Like Us on Facebook

Technology Marketplace

Copyright © 2016 UBM Canon, A UBM company, All rights reserved. Privacy Policy | Terms of Service