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Mother's Day trip in the EV
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IHC 1470
Posted 5/13/2024 09:15 (#10738463 - in reply to #10738393)
Subject: RE: Mother's Day trip in the EV


Idaho

Ed Boysun - 5/13/2024 05:46

If you were lucky enough to find a dealer that had the vehicle and was willing to sell it for MSRP, it was and is a bargain. I had heard that GM lost a substantial sum on every Bolt that they sold but I think, if they had stayed the course, the tooling and development costs would have been amortized over more vehicles and it would have eventually turned a profit. GM's leadership is all over the map on what their strategy is or will be, Kind of a shame.
Looks like you had a nice outing with some nice scenery.



Ed how long would you lose money at farming before you would do something different? Ford says they have lost 1.3 billion first quarter this year. While GM has not posted a dollar amount that I can find it looks like first quarter sales for 24 are down 21%. Does not look like a good way to stay in business long term.

Tesla seems to be having issues with sales also with a drop of 8.5% from a year ago. Do you suppose the average consumer is trying to say something here?



Edited by IHC 1470 5/13/2024 09:29
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