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Archive for the 'Warranty' Category

Lutz: Each Volt Factors in the Cost of a Battery Replacement

September 3rd, 2008 | Posted in: Battery, Financial, Warranty with 129 Comments

Cutting edge lithium ion battery packs being built for the Volt are expensive. Some experts guess they cost up to $10,000 although certainly GM nor their suppliers are saying what the actual numbers will be.
When one looks at the close to $40,000 price tag for the Volt it is recognized that the pack makes [...]

Posted by: Lyle with 129 Comments

Volt Pricing to Take High Battery Warranty Cost into Account

March 14th, 2008 | Posted in: Battery, Warranty with 58 Comments

GM vice -chairman Bob Lutz told reporters some of the Volts recently increased pricing reflects the high cost of warrantying the lithium-ion batteries.
He said:
“We are going to bake in a very substantial warranty cost for the battery in our overall pricing calculation,”
and
“We need to be conservative, simply because it’s the first time we’ve done anything [...]

Posted by: Lyle with 58 Comments

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