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Automobiles Need for Speed |
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#1
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Chevy Loses Money on Every C8 Corvette Stingray Under $80K
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https://www.automobilemag.com/news/2...y-loses-money/ https://www.hotcars.com/gm-losing-money-c8-under-80k/ https://www.motortrend.com/news/sour...y-loss-leader/ .
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McIntosh XRT1K, C50, MEN220, MC452, MPC1500, Sony XBR-75X900F __"The best argument against democracy is a five-minute conversation with the average voter" apparently not Winston Churchill _ |
#2
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I'm going to sound like a UAW leader with my comment, but I don't believe they are truly losing $'s on each base model sold. I think what we are seeing is a fully loaded P&L with all of the design costs, cost of changes to production equipment, etc rolled into cost. Many of these costs are already sunk. This is the correct way to account for it, but I seriously doubt they are losing cash on each one they sell. I believe that if this car beats Chevy's internal volume sales goals, it will really improve their P&L.
Enough with my Accounting talk! I love the way the car looks and if I had that level of discretionary income, I would definitely have this car on my very short list of cars to purchase. Right now, my son's tuition payment is like buying one of these cars each year.
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#3
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Quote:
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#4
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Good post!
Sometimes a big difference between Full Cost and Cash Cost...
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Main Equipment: Kharma Elegance dB11-S, JL Audio F113v2 X 2, Block Audio Line & Mono SE Amplification, Bricasti M21 DAC, Antipodes Kala K-50 Server, Clearaudio Performance SE. Satisfy tonearm & Maestro Wood MM cartridge. Power: Shunyata Everest 8000, Sigma XC v2, Sigma NR v2, Block Audio PCs, Defender, ADDPowr Wizard Grounding: Shunyata Altaira CGS - 4 X Alpha CGS cables, Network : Supra Cat 8+, Twin (Nenon) Modified Buffalo GS2016 Switches, Keces P3 LPSU, Cables: Wireworld Platinum 8 USB, Wireworld Platinum 8 Speaker cables, 6M & 1M Tubulus Concentus ICs, Other:Two PSI Audio AVAA C20, Multiple GIK products, Stillpoint Apertures, Stillpoint Minis and Ultra SS, Three 20 Amp lines, Furutech GTX - Gold outlets, Adona Rack |
#5
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I'd be more than happy to help them lose money !
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#6
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Main Equipment: Kharma Elegance dB11-S, JL Audio F113v2 X 2, Block Audio Line & Mono SE Amplification, Bricasti M21 DAC, Antipodes Kala K-50 Server, Clearaudio Performance SE. Satisfy tonearm & Maestro Wood MM cartridge. Power: Shunyata Everest 8000, Sigma XC v2, Sigma NR v2, Block Audio PCs, Defender, ADDPowr Wizard Grounding: Shunyata Altaira CGS - 4 X Alpha CGS cables, Network : Supra Cat 8+, Twin (Nenon) Modified Buffalo GS2016 Switches, Keces P3 LPSU, Cables: Wireworld Platinum 8 USB, Wireworld Platinum 8 Speaker cables, 6M & 1M Tubulus Concentus ICs, Other:Two PSI Audio AVAA C20, Multiple GIK products, Stillpoint Apertures, Stillpoint Minis and Ultra SS, Three 20 Amp lines, Furutech GTX - Gold outlets, Adona Rack |
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