EVuser said: Additional tax incentives maybe wishful thinking!





Many market signal suggests - GM has held back on full release because:

1. Not know and or backing the relaxing of the CAFA/emission standards.

2. The elimination of the tax rebates.

3. Loosing $9K.





Good product, not currently profitable - Doesn't help GM bottom line the next few quarters. Click to expand...

Do you have any idea how much it costs to develop and bring to market and all new car? Not just a new model on an existing platform, but an all newFor ICE cars, I've heard hundreds of millions. I think BEVs are a little cheaper though because of the simple drive train, but all that battery development ain't cheap either.How would pulling the plug on the Bolt help their bottom line now?? Hundreds of millions down the drain. No, at this point they need to get as many out as fast as possible to recoup as much of their investment as they cantax credits go away. They are going away for sure because the legislation is written that way. Congress and Trump don't need to repeal it, it will die on it's own by design.As many have pointed out, the relaxing of the CAFE standards don't really matter because California will still do what they want and all the car companies of the world will have to fall in line if they want to continue to sell in one of the world's most important car markets. Trump and his mob can do what they want, but California will be staying on it's current path and he can't do anything about it. In addition, the rest of the world is still pushing towards electrification, most notably China.GM is not giving up on the Bolt. They need it and the tech that comes with it for the future. The whole "losing $9000 on each car" thing is just Wall Street analysts doing what they do. Trying to play fortune teller to the sheep. Of course GM is going lose money on each Bolt for the foreseeable future. You can't spend hundreds of millions of dollars on a new car and then hope to make all that money back in one year. Particularly not if you only sell 30,000 of them.Bottom line, holding back Bolt production does them no favors at this point. Everything gets cheaper when you build in large quantities, not small.