Page 1 of 4 123 ... LastLast
Results 1 to 10 of 33
  1. #1 Chrysler loses $10k a car 
    Administrator SaintLouieWoman's Avatar
    Join Date
    Sep 2002
    Location
    Sarasota Florida
    Posts
    40,494
    Fiat 500 EV Will Cost Chrysler

    Chrysler will lose $10,000 on every electric Fiat 500 it sells, CEO says.

    By Luca Ciferri of
    AutoWeek

    Click to enlarge picture

    A prototype of the Fiat 500 EV was shown at the Detroit Auto Show in January 2010.






    Chrysler Group LLC will lose more than $10,000 on every battery-powered Fiat 500 its sells, Fiat-Chrysler CEO Sergio Marchionne says.
    That heavy financial hit won't stop the automaker from launching the Chrysler-built electric version of the minicar in the United States in 2012, underlining the pressure automakers face to improve fuel economy and remain competitive in the race to offer alternative powertrains.
    "The economics of EVs simply don't work. On the 500 that (Chrysler) will begin selling in the U.S. next year, we will lose over $10,000 (per unit) despite the retail price being three times higher" than a version of the minicar with an internal combustion engine, Marchionne said on the sidelines of Fiat S.p.A.'s general meeting on Wednesday.
    Read: Chrysler to Build Electric Fiat 500
    Marchionne said that
    Fiat would lose a similar amount on the Fiat 500 EVs it will get from Chrysler's Mexico plant once the Italian company starts the car's European sales, likely in 2013. Chrysler has a license from Fiat to build the fuel- and battery-powered versions of the 500, which means the U.S. automaker gets all the profits or losses from North American sales of the cars. Fiat has a 25 percent stake in Chrysler.
    Chrysler unveiled a concept of the 500 BEV (short for "battery-electric vehicle") at the Detroit Auto Show in January 2010. The gasoline-powered 500 starts at $15,500 in United States, which means the electric version would cost more than $45,000, based on Marchionne's comments.


    snip

    http://editorial.autos.msn.com/article.aspx?cp-documentid=1183546&icid=autos_money2


    Would you buy one of these?
    http://http://i145.photobucket.com/albums/r231/SarasotaRepub/83069bcc.png

    " To the world you are just one more person, but to a rescued pet, you are the world."

    "
    A Nation of Sheep Breeds a Government of Wolves!"


    Reply With Quote  
     

  2. #2  
    Banned
    Join Date
    May 2008
    Posts
    11,970
    Toyota Prius loses money on every one they sell and I believe they sell more than the rest combined. GM will lose more than Chrysler with the Volt. The Volt battery packs cost between 7 to 10 grand. Our hard earned money pissed down the drain by idiotic greenie ideas like Ethanol and electric cars. All the Env. nuts want 5 to 6 dollar gasoline so that the higher costs of electric cars will narrow the gap of being economically feasable.
    Reply With Quote  
     

  3. #3  
    Power CUer noonwitch's Avatar
    Join Date
    Oct 2008
    Location
    Warren, MI
    Posts
    12,586
    Chrysler has been making crappy cars for decades.
    Reply With Quote  
     

  4. #4  
    Best Bounty Hunter in the Forums fettpett's Avatar
    Join Date
    Oct 2009
    Location
    Southwest Michigan (in Exile)
    Posts
    8,757
    screw them. Ford isn't making these kind of asstarded decisions, I'll stick with them. oh and they are outselling GM and making a profit, and have better quality than Toyota
    Reply With Quote  
     

  5. #5  
    Administrator SaintLouieWoman's Avatar
    Join Date
    Sep 2002
    Location
    Sarasota Florida
    Posts
    40,494
    Quote Originally Posted by noonwitch View Post
    Chrysler has been making crappy cars for decades.
    My son made the mistake of getting a used Chrysler minivan. It was a total disaster. :eek:
    http://http://i145.photobucket.com/albums/r231/SarasotaRepub/83069bcc.png

    " To the world you are just one more person, but to a rescued pet, you are the world."

    "
    A Nation of Sheep Breeds a Government of Wolves!"


    Reply With Quote  
     

  6. #6  
    Senior Member
    Join Date
    May 2008
    Location
    Minneapolis MN
    Posts
    643
    Quote Originally Posted by SaintLouieWoman View Post
    My son made the mistake of getting a used Chrysler minivan. It was a total disaster. :eek:
    Well a good way to look at it is evetionally, after he has replaced all the parts in the minivan, he will have a new one. :)
    Liberals are proof that evolution is only a theory. Nothing that stupid could evolve past a monkey.
    Reply With Quote  
     

  7. #7  
    Senior Member Apache's Avatar
    Join Date
    Aug 2009
    Location
    Tree rats are watching you
    Posts
    7,031
    What the hell does Chrysler have to worry about?

    The American taxpayer will take the loss. We're the one's keeping them afloat now...
    Government is not the solution to our problem, government is the problem.
    Ronald Reagan

    We could say they are spending like drunken sailors. That would be unfair to drunken sailors, they're spending their OWN money.
    Ronald Reagan

    R.I.P. Crockspot
    Reply With Quote  
     

  8. #8  
    Senior Ape Articulate_Ape's Avatar
    Join Date
    Jan 2010
    Location
    NJ, Exit Only
    Posts
    7,966
    Would not buy. It is little more than riding Ginger's eBicycle wearing a poncho and goggles, and frankly less comfortable and less "green".
    "The efforts of the government alone will never be enough. In the end the people must choose and the people must help themselves" ~ JFK; from his famous inauguration speech (What Democrats sounded like before today's neo-Liberals hijacked that party)
    Reply With Quote  
     

  9. #9  
    PORCUS MAXIMUS Rockntractor's Avatar
    Join Date
    Apr 2009
    Location
    oklahoma
    Posts
    42,132
    I have seen nicer styling on portapotties.
    The difference between pigs and people is that when they tell you you're cured it isn't a good thing.
    http://i.imgur.com/FHvkMSE.jpg
    Reply With Quote  
     

  10. #10  
    Administrator SaintLouieWoman's Avatar
    Join Date
    Sep 2002
    Location
    Sarasota Florida
    Posts
    40,494
    Quote Originally Posted by jediab View Post
    Well a good way to look at it is evetionally, after he has replaced all the parts in the minivan, he will have a new one. :)
    Well, after the engine went (and everything else) he had no money left. He had to walk from it and buy a junker with cash. It definitely wasn't a good experience financially.
    http://http://i145.photobucket.com/albums/r231/SarasotaRepub/83069bcc.png

    " To the world you are just one more person, but to a rescued pet, you are the world."

    "
    A Nation of Sheep Breeds a Government of Wolves!"


    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •