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Chevy Volt a Failure - GM to Layoff 1,300

Discussion in 'Sports and News' started by Evil Bastard (aka Chris_L), Mar 2, 2012.

Page 104 of 244
  1. Justin_Rice

    Justin_Rice Well-Known Member

    Is that why the dollar is up over the last four years? Because its been devalued to nothing?
     
    Justin_Rice, Dec 27, 2012
    #1237
  2. 93Devil

    93Devil Well-Known Member

    Is that before or after Obama allows his sinister friends in the Taliban to overthrow America?

    Does buying oil from the Middle East weaken or strengthen the dollar?

    What about buying cars from foreign markets?
     
    93Devil, Dec 27, 2012
    #1238
  3. Azrael

    Azrael Well-Known Member

    The Irish!

    www.nytimes.com/2012/12/28/science/earth/in-ireland-carbon-taxes-pay-off.html?hp&_r=0
     
    Azrael, Dec 28, 2012
    #1239
  4. The Big Ragu

    The Big Ragu Moderator Staff Member

    Not sure what that has to do with the Chevy Volt, but they are a special country. Forced to take a bailout from their neighbors to avoid defaulting on the immense debt they drowned themselves in, AND they have artificially driven up the price of gas to $8 a gallon to make their people suffer even more on top of it.
     
    The Big Ragu, Dec 28, 2012
    #1240
  5. Azrael

    Azrael Well-Known Member

    I just think the idea of an individual carbon tax on everyone is very interesting. But it remains to be seen whether that tax will energize hybrid/electric car sales there.
     
    Azrael, Dec 28, 2012
    #1241
  6. BTExpress

    BTExpress Well-Known Member

    Compared to . . . what?

    In November 2006 a dollar bought you 0.776307 Euros. It bought you 26.59 Rubles. It bought you 0.5231 British Pounds.

    In November 2012 a dollar bought you 0.779516 Euros. It bought you 31.39 Rubles. It bought you 0.6265 British Pounds.

    Seems remarkably stable --- if not stronger against some currencies --- given all that's happened over the past 6 years, unless there is some metric that I'm just not seeing.
     
    BTExpress, Dec 28, 2012
    #1242
  7. The Big Ragu

    The Big Ragu Moderator Staff Member

    Outlawing the internal combustion engine would energize electric car sales here.

    Just like breaking windows randomly would energize the window repair business. ... until we reduced ourselves into a society filled with lots of drafty homes with holes in them where the windows used to be. :)
     
    The Big Ragu, Dec 28, 2012
    #1243
  8. The Big Ragu

    The Big Ragu Moderator Staff Member

    That is a myopic way to view the world. You are comparing fiat currencies in a world that has run up debt to levels that has created a stagnant global economy.

    I began buying gold (trade in dollars) at $734 an ounce in 2008. Today that ounce costs more than $1650. That is the truest gauge of how our central bank has diluted the supplies of dollars.

    Telling me that the dollar has won a "least ugly" contest for a few years, while the world is tipping in uncertainty, doesn't tell me that the dollar is in good shape.
     
    The Big Ragu, Dec 28, 2012
    #1244
  9. 93Devil

    93Devil Well-Known Member

    [​IMG]

    Dropped $100 per ounce in the past month, but it has risen greatly. Is that a testament to fear or actual facts?

    The questions for Ragu, since he brought it up, is are you still buying it?

    You could also point to the housing market collapsing to the rise in the price of gold as well.
     
    Last edited by a moderator: Dec 15, 2014
    93Devil, Dec 28, 2012
    #1245
  10. Azrael

    Azrael Well-Known Member

    On the one hand, Chevy Volt sales triple in 2012.

    money.cnn.com/2013/01/03/autos/chevrolet-volt-sales/

    On the other, some dealerships may drop the car entirely given the increased costs of service tools.

    www.torquenews.com/106/dealerships-dropping-chevrolet-volt-over-increased-costs
     
    Azrael, Jan 4, 2013
    #1246
  11. Boom_70

    Boom_70 Well-Known Member

    Dealerships must be operating on a shoestring if the can't afford to spend $5000 on the tool. Seems kind of shortsighted of GM not to subsidize the cost.
     
    Boom_70, Jan 4, 2013
    #1247
  12. doctorquant

    doctorquant Well-Known Member

    It's not a matter of "can't afford," it's a matter of "can't justify." If I am running a dealership, I probably have plenty of things I can spend $5,000 on. There likely are lots of more profitable uses for that $5,000 if I am selling very few Volts.
     
    doctorquant, Jan 4, 2013
    #1248
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