Tag: Volt

By on September 13, 2012

Five years ago, Chris Matthews said on MSNBC: “Well, The Washington Post is not the liberal newspaper it was.” Today, the Post finally will be condemned as part of the massive right wing conspiracy. In a brutal op-ed, signed by the full WaPo Editorial Board, the paper kills and buries the Volt. Basically, says the WaPo, we have been fooled: (Read More…)

By on September 11, 2012

“The estimate of the current loss per unit for each Volt sold is grossly wrong,” GM says as a retort to the Reuters story that GM loses around $49,000 on every Volt. GM says that “it allocates Volt development costs across lifetime volume, not across the current number of Volts sold.” TTAC commenters that rushed to the aid of the beleaguered company suggested the same. Oddly enough, GM passed on a much stronger argument that would have turned the Volt into a money machine. If not immediately, then much earlier than suggested by Reuters. (Read More…)

By on September 10, 2012

GM loses around $49,000 on each Volt it builds says Reuters. GM sold a record 2,831 Volts in August, but that may “have pushed that loss even higher. There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce,” says Reuters after a deep data dive into the elusive profitability of GM’s green halo car. (Read More…)

By on August 23, 2012

 

You can see this ad. Television viewers in the UK can’t.  The Chevrolet Volt  is sold in the UK as the Vauxhall Ampera, and its ad has been banned by the UK Advertising Standards Authority. It says the ad is misleading. The ad claims a 360-mile range. GM is a serial offender when it comes to alternate realities, and this ad is the latest installment. (Read More…)

By on July 7, 2012

 

The irrational electrification exuberance  claims another victim: Battery maker A123 Systems Inc is running out of money. A lot of it is your money. Says Reuters: (Read More…)

By on May 31, 2012

While on the Infiniti JX launch event, I met a gentleman who now works with Nissan. He had a number of interesting stories about his tenure at GM, and what it was like to work on the EV1 program, as well as the technology that he swears was the forerunner to the Chevrolet Volt.

(Read More…)

By on April 6, 2012

Two years after the Volkswagen Golf was launched, it received a fuel sipping diesel in 1976. I presented the launch campaign in Wolfsburg, and the ground shook. It wasn’t because of my campaign. It was because of the body stamping presses. The offices of the Zentrale Absatzförderung, VW’s advertising department, were two floors above. (Read More…)

By on April 2, 2012

Since the early days of the Volt, the folks at GM loved to compare the car to putting a man on the moon. That analogy wasn’t without its problems. The moon program did cost more than three times its original budget of $7 billion, all it produced was a few rocks, and it ran out of money before it could get going in earnest. 40 years after Eugene Cernan and Apollo 17, the moon has remained untouched by human feet. But what the heck, GM loves the symbolism. To death. (Read More…)

By on April 1, 2012

More and more of the daily news we consume is not written by people, but by robots and spiders. The people at Motor Trend will be painfully aware of that fact when they come back to work on Monday. Today, MT reports that “General Motors is investigating complaints that XM radios installed in Chevrolet Volts do not pick up the satellite radio service’s Fox station.” (Read More…)

By on March 26, 2012

New and old media feigned outrage about the crapload of money the Chevy Volt supposedly saves its drivers if the new testimonial ads are to be believed. Honestly, we don’t give a crap. GM’s agency Goodby, Silverstein & Partners probably told the client that in order to cut through the clutter, you need some shock value. When that didn’t work, the admen most likely put up a PowerPoint that showed that a YouTube video with “crapload” will receive 695.5 times the clicks of an ad that uses “a whole lot of money.” That would clinch it with Joe Ewanick, who wants to save a true crapload of money by increasing the efficiency of GM’s ad dollars.

No, being Thetruthaboutcars.com, we think the ad is shit, because the statement simply is not true. (Read More…)

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