GM Still Loses Money On Every Volt Sold
That's not the sort of thing you can make up in volume
General Motors Co sold a record number of Chevrolet Volt sedans in August -- but that probably isn't a good thing for the automaker's bottom line.
Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.
Show Comments (0)