Factbox: Estimating costs of making General Motors' Volt
(Reuters) - It costs General Motors Co an estimated $75,000 to $88,000 per car to build the Chevrolet Volt plug-in hybrid, based on current sales and production volume, according to auto industry consultants who spoke with Reuters.
Here is a breakdown of their average per-car cost estimates. Development and tooling are considered fixed costs. Parts and labor are variable manufacturing costs, dependent on production volume.
Fixed-cost figures are based on total Volt sales of 21,500 cars through August, and will drop in the future as sales and production volume increases.
* Development: $18,650
* Tooling: $37,350
* Standard Parts, Material and Labor: $12,000
* Unique Parts, Material and Labor: $12,000
Note: This does not include marketing and other wider corporate/administrative costs.
(Reporting By Paul Lienert in Detroit; Editing by Martin Howell & Theodore d'Afflisio in New York)
- Google bus blocked in San Francisco gentrification protest
- Thai PM urges protesters to take part in election |
- North Korea's 'reign of terror' worries South's leader
- Obama, Castro shake hands as world says farewell to peacemaker Mandela |
- Rare Singapore riot forces soul searching over foreign workers