Skip to main content

Home/ Jacob Solomon's group - M2015(B)/ Group items tagged car

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
John B

The Chevy Volt's $89,000 production cost: A waste of money? - The Week - 0 views

theweek.com/...oduction-cost-a-waste-of-money

Production cost

shared by John B on 17 Jan 14 - No Cached
  • the environmentally friendly Volt's base price is about $40,000, says Reuters, production costs per vehicle run a stratospheric $89,000 — given the car's pricey lithium-polymer batteries, hybrid gas-electric engine, and next-age electronics. That means GM is losing $49,000 for each Volt it sells.
  • No. The investment in the Volt will pay off: The Volt represents "a long-term investment" that is helping GM become a car company of the future
  • Yes. The Volt will never be profitable: The Volt's high production costs "prove that the innovative plug-in hybrid is impractical and will probably never be more than a niche product,"
  • ...1 more annotation...
  • The Volt demonstrates to consumers that the "reinvented company is capable of producing a high-tech, fuel-efficient car," and the Volt's technology "will almost certainly find its way into" other cars in GM's lineup.
  • John B on 17 Jan 14
     
    This article is about a car made by General Motors. The company have, if we look at this as in the way that the car will never be profitable, made a huge mistake of miscalculating the costs and profits earned from the car. But if we look at it as if the car would be profitable, they might have thought of making a good car that will sell easily. It is a car that is environmental friendly, and this will affect the cars coming up in the same series. It will then be more of a long-run investment.
John B

Hybrid Air: Improved vehicle efficiency through air propulsion - 0 views

vr-zone.com/...19509.html

efficiency

shared by John B on 05 Feb 14 - No Cached
  • Peugeot Citroën is pioneering a new direction for hybrid vehicles with its innovative Hybrid Air concept. The combination of a standard gasoline engine and compressed air system enables the car to achieve an efficiency of up to 81 MPG.
  • a car that can effectively run on, you guessed it, the very air we breathe
  • This makes for a far more affordable, lighter, and easier to maintain car, with emissions of 69 grams of CO2 per kilometer driven, rivaling that of the Prius’ 92 g/km. Also prepare to pay less for fuel, with the concept’s exceptional city driving mileage of 81 miles per gallon (MPG).
  • John B on 05 Feb 14
     
    This article is about a new car from Peugeot Citroën. It will use the air that we breath to accelerate, creating a more fuel efficient car. This is a great step towards environmental friendly cars.
Aleksi B

Hybrid air, a full hybrid gasoline system, compressed air car engine - 0 views

www.psa-peugeot-citroen.com/...ir-engine-full-hybrid-gasoline

efficiency hybrid air gasoline car engine Production

shared by Aleksi B on 11 Feb 14 - No Cached
  • Aleksi B on 11 Feb 14
     
    This article explains a new development that allows gasoline and air to be combined to create a more fuel efficient eco friendly car
Fiete M

Tesla moves ahead from Google in race to build self-driving cars - 0 views

www.ft.com/...af-11e3-8861-00144feab7de.html

scarcity cars tesla demand technology

shared by Fiete M on 17 Sep 13 - No Cached
  • Fiete M on 17 Sep 13
     
    This article is a good example of scarcity I believe because, it shows that there is a huge demand for robotic self-driving cars or in other words, they are scarce. This leads to many companies like google or Tesla starting to develope self-driving cars because they know that due to the scarcity of the product, they can charge big amounts of money and make a huge profit.
Haydn W

Income distribution of New York City: What does it take to be rich? - 1 views

www.slate.com/...t_does_it_take_to_be_rich.html

Income Distribution USA New York Slate

shared by Haydn W on 28 Sep 14 - No Cached
  • So You’re Rich for an American. Does That Make You Rich for New York?
  • New Yorkers have a notoriously skewed sense of wealth—at least when they work in industries like finance or media and live in Manhattan or Brooklyn. It’s hard not to, seeing how we’re surrounded by expensive restaurants, expensive apartments, and expensively dressed people who seem able to afford it all.
  • If I mention that a six-figure salary counts as rich in much of the country—that just $250,000 gets you into the top 2 percent—the response is usually, “Sure, but that’s not New York rich.”
  • ...4 more annotations...
  • The greater New York metro area may be home to an enormous share of the country’s 1 percenters, and it's certainly a magnet for exorbitant, plutocratic wealth. But in the city itself, the basic income curve isn’t that exceptional. In the entire U.S., according to the Census, about 22 percent of households earn six figures. In NYC, it’s about 25 percent.
  • Real estate here is expensive, and we don’t get much square footage for our buck. But as I wrote yesterday, the high rents in this city are balanced out somewhat by the low, low cost of commuting on the subway. (Not paying for a car, or gas, or car insurance is pretty financially sweet.)
  • Combine that with the fact that salaries are somewhat higher than average here, and New York is reasonably affordable compared with other large cities.
  • The upshot: If you’re rich by U.S. standards, you’re probably also rich by New York standards. Now, if you do want to see a city where incomes are crazily out of line with the national norm, check out San Francisco, where 39 percent of households make six figures—it really is becoming a city for the rich.
  • Haydn W on 28 Sep 14
     
    This article from Slate tackles the issue of income distribution in one of the most notoriously expensively cities on Earth - New York. The article relates the economic principles learned this week to real life and the cost of living in a bustling city, with an interesting conclusion that might surprise some.
Zuzanna G

PED of gasoline - 1 views

economics.about.com/...gasoline_elast.htm

PED price elasticity demand gasoline

shared by Zuzanna G on 19 Oct 13 - Cached
  • Clemente F on 19 Oct 13
     
    Gasoline has a very inelastic demand. It became an essential product because it is used to produce energy, to use cars and for so many other functions. This article discusses if the elasticity of gasoline may is zero or not. Even the fact they are discussing it means that gasoline is essential because if its elasticity is considered to be zero or a little more it shows how important the product is and how muche the price of the product doesn't affect significantly the demand for it.
  • Zuzanna G on 19 Oct 13
     
    This article smoothly discusses the PED of gasoline. It's worth reading because it examines it clearly and quite precisely - e.g. taking into consideration time. It shows that gas is an inelastic good, due to the fact that it's really necessary and commonly used. This text ends with a nice conclusion stating that one's never fully sure about the changes in economy.
1 - 6 of 6
Showing 20▼ items per page