[Tom E-Tron]

This tells me GM is serious about hitting their EV selling goals, they are going to compete on price, and at + or - $25K Bolt makes a really compelling case, especially for fleets.

2023 Chevy Bolt EV and EUV get $6,000 price cut, start at $25,600

The Chevy Bolt lineup is getting a massive price cut for 2023, dropping from $31,500 to $25,600 (before the $995...

electrek.co

 

[Dark-Fx]

Bolt doesn't make sense at the old prices with the Equinox being the same price point and technologically superior. I expected the price drop, but this is probably 1500-2000 more than I thought they would take off it. Surprised they can sell them for a profit at that price, but something I am keeping in mind is that every Bolt they sell is an EV the competition doesn't.

 

[Tom E-Tron]

Bolt doesn't make sense at the old prices with the Equinox being the same price point and technologically superior. I expected the price drop, but this is probably 1500-2000 more than I thought they would take off it. Surprised they can sell them for a profit at that price, but something I am keeping in mind is that every Bolt they sell is an EV the competition doesn't.

remember, add the regulatory credits to every sale... I think GM makes money on the Bolt in cash flow terms , but it will never be a profitable program for GM or LG Chem.

Bolt at $25-35K is about right, at $43K it was overpriced.

 

[theflew]

remember, add the regulatory credits to every sale... I think GM makes money on the Bolt in cash flow terms , but it will never be a profitable program for GM or LG Chem.

Bolt at $25-35K is about right, at $43K it was overpriced.

I think the Bolt is profitable for them prior to regulatory credits. The Bolt is a 6 year old car based on the Sonic. Outside of the pack there is little cost a $17k Sonic didn’t have.

 

[Dark-Fx]

Ford CEO Says Zero Negotiation Pricing Transactions Necessary for EV Business

CEO Jim Farley says the company has to build out its infrastructure to support online, delivered, zero-negotiation sales.

www.roadandtrack.com

 

[Tom E-Tron]

Ford CEO Says Zero Negotiation Pricing Transactions Necessary for EV Business

CEO Jim Farley says the company has to build out its infrastructure to support online, delivered, zero-negotiation sales.

www.roadandtrack.com

I love this, and if Ford can do it it will leave the blueprint for GM to do it... Dealerships deserve what they have coming, and it's going to be ugly for lots of them, and successful salesman that are used to big earnings, and going have to move on to used cars to get commissions.

 

[azbill]

I love this, and if Ford can do it it will leave the blueprint for GM to do it... Dealerships deserve what they have coming, and it's going to be ugly for lots of them, and successful salesman that are used to big earnings, and going have to move on to used cars to get commissions.

Actually GM was the first to do this with Saturn. That was even pre-Tesla.

 

[Tom E-Tron]

Actually GM was the first to do this with Saturn. That was even pre-Tesla.

Ya, Gm can do it, but they have to get serious. So far I think this is one thing that GM management is failing on. Ford is doing much better online responding to customers and contacting offending dealerships.