General Motors

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.