GM (GM) Says It Isn't Losing $49K Per Volt Sold; Costs Spread Across Lifetime of Volume
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GM (GM) Could Be Losing Two Chevy Volts for Every One Sold
September 10, 2012 9:54 AM EDTGeneral Motors (NYSE: GM) is lacking some much-needed electricity today, following reports its flagship EV -- the Chevy Volt -- may be cutting deep into profits.
Typically, when someone says a company is losing money on each unit produced and sold due to it being a new product or material costs far outpacing original estimates, you might be expecting a 10... More
