Comments by "David H" (@DavidHalko) on "Chevy Bolt EV Hoist Review with Kevin and Jordan" video.
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@jamesengland7461 - - “Bolt sales were terrible…”
Not many were produced, because there were not enough batteries 🪫
“Before the supply chain broke”
This has nothing to do with the manufacturing of EV batteries 🪫- which was practically non-existent in the US and other continents outside of Asia. That is changing, now.
“Cars like Coronas and Civics have been profitable for a half century…”
They have traditionally cost more than typical American compacts.
Their primary markets were foreign, with small car 🚘 needs, which became US domestic. Ironically, the civic will be withdrawn from the Japanese market.
But none of those [un]/profitable small cars had to sport a huge & expensive battery 🪫, where the supply was low, and the battery 🪫 cost more than the car to produce.
“GM has always done poorly with small cars”
GM built lots of sporty Pontiac Sunfires, nice affordable Chevy Cavaliers… enough cars 🚙 were built to meet various standards: an aggregate of the cars sold by a manufacturer had to meet x MPG, so the incentive was to sell profitable vehicles while the smaller vehicles were an afterthought & often produced in quantities to meet their US fleet MPG requirements and keep their costs down by sharing parts with international market cars (which demand smaller vehicles, while US demands larger vehicles.).
“always been profitable”
Rick Wagoner, former CEO of GM, former president of GM’s North America Operations said it was tough to make a “net, net, net profit on small cars anyway.”
For every Ford Escort sold, when it was the #1 selling car in America, Ford lost money 💴 on every car. Moving manufacturing to Mexico helped bring down costs.
The luxury brands of the American Cars 🚗 always subsidized the starting cars for the poor… until recently. The #WarOnThePoor has taken it’s effect with car companies being less concerned, especially since used cars were crushed a couple administrations ago.
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