On a positive note, the magazine said GM’s plug-in hybrid powertrain makes more sense in a luxury coupe than a five-door hatchback like the Volt. In its first assessment of the car, magazine’s testers wrote that they suffered from sticker shock. Consumer Reports praised the ELR’s styling and quiet cabin, but said the car was “priced out of its league.” After a few minutes of careful consideration, she pulls the trigger, and Volt dies. Well they can’t really “get away” seeing as they are escorting him, so I guess backing into another dimension for a few minutes will have to do. Order books have been open since July, and Toyota expects to deliver the first cars to California customers this month.
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Consumer Reports Verdict: 2014 Cadillac ELR ‘Priced Out Of Its League’
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Poll indicator: VVD remains the largest unthreatened, Volt’s profit evaporates
Tanaka also noted that it will likely be 10 or 20 years before fuel-cell cars achieve sales volumes similar to today’s hybrids. Notably, the quarters with the best gross income are not always the same as those with the highest net profit figures. While gross profit may be high, factors like elevated taxes or expanded operating expenses can weigh down net profit. This underscores the importance of net income over other profit metrics such as gross or operating income.
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YouTube’s privacy policy is available here and YouTube’s terms of service is available here. If you purchase a product or register for an account through a link on our site, we may receive compensation. GM is expected to produce 10,000 Volts next year at it’s Detroit-Hamtramck plan and another 45,000 in 2012. Those figures are up from early estimates, but still pale in comparison to the automaker’s typical production numbers, which bring down costs by allowing for bulk purchases from suppliers.
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