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Volt Birth Watch 182: Whitacre Projects Volt Profit At «Low $30k» Price Point

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Volt Information Services’ (VOLT) Net Profit at $1.374M (2012-2022 History)

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Steven Rattner: Chevrolet Volt costs General Motors around $40k to produce

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• The ELR makes no pretension of practicality, so the interior space sacrificed to house the car’s battery pack is less of an issue than in the Volt itself.

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• Because it sure seems that GM plans on selling the Volt for $39,500-$45,500, and that the “low 30s” number is dependent on a tax credit.
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• It illustrates the growth of profits over the years and quarters within the time frame from 2012 to 2022.
• Contrary to the previous section, this part aims to shed light on the quarters that fell short in terms of profit compared to others.
• The Chevy-based ELR just feels too «ordinary» compared to other cars of roughly the same price, Consumer Reports said—particularly the Tesla Model S, which starts at $69,900 before incentives.

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• GM is expected to produce 10,000 Volts next year at it’s Detroit-Hamtramck plan and another 45,000 in 2012.
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• Notably, the quarters with the best gross income are not always the same as those with the highest net profit figures.
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With enough sales and over enough time, almost anything will create profit, especially if the government is distorting the battery market for you. Meanwhile, GM still has to overcome $40k sticker shock (sorry, but you can’t exactly advertise post-tax break prices) and at least a few years of loss on the Volt. But if the gm-volt comments section proves anything, it’s that you can never go wrong misleading the fanboys. It works for every asset class including forex, crypto, stocks, shares/stocks, indices, metals, commodities, ETF’s, funds, etc.

The Chevrolet Volt continues to generate positive reviews and high-profile awards, but it may not generate substantial profits for General Motors — at least not initially. Similar to the previous section, we’ll begin by examining a graph depicting the 5 quarters with the lowest net profit values. Contrary to the previous section, this part aims to shed light on the quarters that fell short in terms of profit compared to others.

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