They don't loose money per say but they are in the red till the sell enough vehicles to pay for the new tooling required to make them.
Sent from my iPhone > On Dec 6, 2016, at 10:49 AM, Mark Abramowitz via EV <ev@lists.evdl.org> wrote: > > I don't know if new ICE models lose money initially, but it's certainly > expected that vehicles with new technologies will lose money. The Prius, > which became hugely successful, lost money for several years. And no ZEV, > including Tesla, is making profit - yet. > But I think that your criticism of GM for "whining" about losing money was > misplaced. Nowhere in the Bloomberg article was GM complaining. In fact, the > only mention of GM's comments about how much money they were losing on the > Bolt was that GM had declined to comment on how much they were losing. > > > Sent from AltaMail > > > From: EVDL Administrator via EV <ev@lists.evdl.org> To: Electric Vehicle > Discussion List <ev@lists.evdl.org> Subject: Re: [EVDL] EVLN: EV-newswire > posts for 20161206 Date: 12/6/16, 7:06 AM > > >> On 6 Dec 2016 at 3:24, brucedp5 via EV wrote: >> >> General Motors Co. stands to lose as much as $9,000 on every Chevrolet Bolt >> that leaves a showroom once the all-electric subcompact starts rolling out >> ... > > I was under the impression that most entirely new cars (regardless of their > motive source) were money-losers in their first years. That's supposedly > why automakers prefer to build "new" models by adapting established bases, > no? It keeps the tooling costs lower. > > But GM don't whine about new ICEVs losing money, only new EVs. Gosh, I > wonder why that is. > > David Roden - Akron, Ohio, USA > EVDL Administrator > > = = = = = = = = = = = = = = = = = = = = = = = = = = = = = > EVDL Information: http://www.evdl.org/help/ > = = = = = = = = = = = = = = = = = = = = = = = = = = = = = > Note: mail sent to "evpost" and "etpost" addresses will not > reach me. To send a private message, please obtain my > email address from the webpage http://www.evdl.org/help/ . > = = = = = = = = = = = = = = = = = = = = = = = = = = = = = > > > _______________________________________________ > UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub > http://lists.evdl.org/listinfo.cgi/ev-evdl.org > Read EVAngel's EV News at http://evdl.org/evln/ > Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA) > > > -------------- next part -------------- > An HTML attachment was scrubbed... > URL: > <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20161206/9bfeadb5/attachment.htm> > _______________________________________________ > UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub > http://lists.evdl.org/listinfo.cgi/ev-evdl.org > Read EVAngel's EV News at http://evdl.org/evln/ > Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA) > _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
