Thursday, December 1, 2011

Green Fail: GM Offers Volt Owners Buy Back Option

After reported Volt fires, many owners are afraid. First GM offered Volt owners loaner cars. Now they are offering to buy them back. This is the car that is going to save GM?

NEW YORK (AP) -- General Motors will buy Chevrolet Volts back from any owner who is afraid the electric cars will catch fire, the company's CEO said Thursday.

In an exclusive interview with The Associated Press, CEO Dan Akerson insisted that the cars are safe, but said the company will purchase the Volts because it wants to keep customers happy. Three fires have broken out in Volts after side-impact crash tests done by the federal government.

Akerson said that if necessary, GM will recall the more than 6,000 Volts now on the road in the U.S. and repair them once the company and federal safety regulators figure out what caused the fires.

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