Friday, March 2, 2012

Green Fail: GM halts Volt production due to low sales


By "align our production with demand," they mean the Volt isn't selling. How can you not sell a car with $7500 $10,000 taped to the hood? Besides the reduced range and high price, Volt owners have to worry about what they will do after 100,000 miles when the battery gives out. The replacement cost is estimated to be $10,000. Even if you trade early, that has to hurt the resale value. GM was originally planning to warranty the Volt battery for 10 years and 150,000. The cost of a replacement battery was allegedly to be figured into the Volt's high price! I wonder if GM discovered the battery was good for at least 100,000 miles and decided to keep the $10,000 battery replacement cost in their pocket?
(Freep)- General Motors has told 1,300 employees at its Detroit Hamtramck that they will be temporarily laid off for five weeks as the company halts production of the Chevrolet Volt and its European counterpart, the Opel Ampera.

“Even with sales up in February over January, we are still seeking to align our production with demand,” said GM spokesman Chris Lee.

Lee said employees were told Thursday that production would put on hold from March 19 to April 23.
The Chevrolet Volt, an extended-range electric car, is both a political lightning rod and a symbol of the company’s technological capability.

Chevrolet sold 1,023 Volts in the U.S. in February and has sold 1,626 so far this year. Keep on reading...
 Liberals are blaming Rush Limbaugh for the Volt's failure.

1 comment:

  1. The problem the car has is not due to
    Obama...it is GM's stupidity.....The car almost weighs 4,000 lbs (3,750 lbs empty)......Other hybrids weigh about 3200-3500 lbs.. 600 lb advantage...all
    GM cars should go on a diet....less weight m,pore mpg !!!!!

    ReplyDelete

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