http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/ Engadget Comments for http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 10:43PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 10:46PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/Bankruptcy means that GM assets will be liquidated (sold).
I'm pretty sure that the Volt is a good asset to buy for other car makers.]]>May 27th 2009 11:09PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:14PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:17PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
But for the average consumer? Eh, just another article in the Business section of the newspaper to not read. (online, of course)]]>May 27th 2009 11:20PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
Correction: Buy Toyota.
Toyota does more processing and production in the US than any other automaker. You're actually pumping money into the US with a purchase of this foreign-branded, domestic-built vehicle (ie Camry).]]>May 28th 2009 12:22AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/Toyota does more production in the US? Lets see a source.. Regardless, I think the idea is that all the profits and tax revenue goes back to Japan instead of the USA.]]>May 28th 2009 5:48AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 8:49AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
http://www.toyota.com/about/our_business/toyota_in_america/our_numbers/production.html
http://www.toyota.com/about/our_business/operations/manufacturing/
http://www.toyota.com/about/our_business/toyota_in_america/our_numbers/direct_employment.html

I couldn't find an exact number of GM's direct US employees, but fuzzy numbers say about 80,000 in the US and ~245,000 worldwide. Toyota employs over 36,000 in the US and 316,000 worldwide.

On the other hand, GM doesn't employ anyone directly in this state whereas Honda, Toyota, Hyundai and Mercedes do, in very large numbers. "Buying American" has a different meaning here.]]>May 28th 2009 9:36AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
Now look at domestic content. Many of those vehicles are significantly lower than the 75% required to be considered a "domestic" vehicle, and even that says nothing about corporate cashflow.]]>May 29th 2009 8:25AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 10:48PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
Too bad GM didn't make decisions as intelligent as Ford has. EVERY car maker is down - including multibillion dollar losses for Toyota - but Ford is gonna bounce back stronger than ever with their Taurus, Fusion and their new Ecoboost models.

GM however seems to be doomed. Cadillac will weather the storm however even if they have to be bought by someone else.]]>May 27th 2009 10:56PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/we all hope you work there so you can keep your job unlike the poor, unintelligent competition, saddface right guize?]]>May 27th 2009 11:09PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:04PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
Otherwise I'll take mine in houndstooth.]]>May 27th 2009 11:09PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
I'm sorry to say dude but Ford is in the exact same position GM was a year ago. Ford is surviving off of credit they have, not profit. They are digging themselves into a hole too! If the economy doesn’t turn around, and it certainly doesn’t look like that’s going to happen anytime soon, Ford will be in bad shape very soon and asking for a hand out. The dripping irony here is that 3 years ago Ford was in the worst shape of all the automakers. They were losing money and had little new product in the pipeline. So they accessed the credit markets and put up even the “blue oval” trademark for collateral. What a stroke of genius - actually blind dumb luck that turned out to be! Next came high gas prices knocking the wind right out of the sails - and sales for GM and Chrysler with their new products and then came the credit crunch followed by recession. So the irony is that Ford is in the position of not needing govt loans because they were in such bad shape before the oil/credit/economic crisis. And now they are riding a wave of goodwill because they are not taking govt assistance.

I'm not saying they can't be successful I'm just saying just because they haven't asked loans yet doesn't mean they are doing any better then the ones that have.]]>May 27th 2009 11:13PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
Reason being is that a survey was done by GM themselves to see what the "average car buyer" would be willing to spend on something like the Volt. The average response was somewhere around $25,000 to $30,000 which is pretty fair if you think about it. The company though AFTER that still put out initial prices for the car about $12,000 more than that.

If people are willing to pay about $27,500 for a car (average), why put the car at $40,000?

No wonder they failed. If you can get a Toyota Camry for $21,000 that's built better than a $26,000 Impala SS, why would you waste the extra $5k?]]>May 27th 2009 11:16PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
The Impala SS makes about 400HP. Camry?]]>May 28th 2009 12:25AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 2:23AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/You didn't address the fact that all manufacturers are down. Sales are down, but Ford has a lineup that is in a better position and well-respected worldwide. Ford still has many vehicles that are doing well even if down from last year. GM grew into too many brands with little identity. Ford is not having those problems as much. I don't see the problem with Ford recognizing problems in their structure and correcting them without too much outside intervention. They are now in a better position than most global manufacturers. If anything, one could say Toyota is heading down the same path that GM is struggling to deal with now.]]>May 28th 2009 5:33PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 10:50PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 10:50PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
]]>May 28th 2009 4:52PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:00PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
But it is unlikely to, at a price of $40,000. The Chinese will probably come out with something that is 75% as good for 50% of the price, by 2011.]]>May 27th 2009 11:08PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/BUT:
If you can buy a very dangerous 1000cc+ bike why not accept a less dangerous Chinese car? This is the last thing thats stop us from buying the 7000$ Chinese sedan.]]>May 27th 2009 11:17PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:09PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:11PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:12PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:17PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:20PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:22PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
I feel its an overly expensive car, maybe it will change in the time. I dont know how well i trust Chevy to make a decent car, they can't make decent gas cars and trucks, how can i expect them to make a reliable electric car]]>May 28th 2009 3:19AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
While I know most people don't think that way, some smart ones do.]]>May 28th 2009 4:58PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 5:25PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
Corrola. 186 horses of fury!
Corvette. 620 horses of Supercharger Goodness!]]>May 28th 2009 8:23PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
Taxpayers subsidized the development of this vehicle.
Taxpayers are bailing out GM so they might be able to produce them after bankruptcy.
But even after all of this, a tax credit is needed to stimulate the sale of a vehicle which will most likely cost close to $40K.
Oh yeah, and GM wants to keep any "profit".

What. The. Fuck.
]]>May 27th 2009 11:31PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
GM is run very well, and totally doesn't deserve to go out of business...]]>May 28th 2009 1:47AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 5:19PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 27th 2009 11:32PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 12:02AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
Fail.]]>May 28th 2009 12:25AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/
]]>May 28th 2009 1:08AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/Next time I'll make sure I actually read the post I'm replying to, instead of just giving it a quick glance. ]]>May 28th 2009 2:07PMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 12:12AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 12:55AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 2:17AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 1:14AMhttp://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/http://www.engadget.com/2009/05/27/chevy-volt-coasts-closer-to-reality-first-bona-fide-model-now-i/May 28th 2009 1:58AM