News for hackers. Stuff that matters.

A comment on 'The early adopters have adopted': US carmakers slow their EV growth plans. Parent comment

Re:'The early adopters have adopted': US carmakers slow thei... by ivraatiems on Saturday October 28, 2023 @09:16PM (#38055015)
That's not accurate. They were losing about $2,000 on the lowest-tier models. See https://theticker.org/11334/business/general-motors-to-stop-....

Still, to your point, the logical solution there would be to find cheaper ways to manufacture the car people want, not try to demand people buy other cars that are cheaper to make. They weren't even trying to be manipulative about it - they were just like "nope, you can't have this anymore, but please still give us your money."

[ Parent | on HN ]
Re:'The early adopters have adopted': US carmakers slow thei... by mc32 on Saturday October 28, 2023 @09:36PM (#38055106)
Those were the industry estimates of their losses, at launch time; but you’re right, they probably were able to lose less over time. However, they also had recalls which made things worse.

Apparently their new platform is supposed to focus attention on decreasing the price of production so they don’t lose money on every platform vehicle they sell —which quite obviously would not be sustainable.

[ Parent | on HN ]