Um.... Is this still the vanagon list?

Steven
91 Westy

On Mon, Sep 17, 2012 at 7:15 AM, Rocket J Squirrel <
camping.elliott@gmail.com> wrote:

> Thanks, Dug, I was about to link to the same Forbes story. GM about
> breaks even on every Volt.
>
> "The statement that GM �loses� over $40K per Volt is preposterous. What
> the 'analyst' [who provided the information that started this silly
> claim] has done is to divide the total development cost and plant
> investment by the number of Volts produced thus far. That�s like saying
> that a real estate company that puts up a $10 million building and has
> rental income of one million the first year is 'losing' 9 million
> dollars, or several hundred thousand per renter.
>