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GM to pause production of Chevy Volt as sales slow (1874 Volts sold in the entire 1Q)
CBC.CA ^

Posted on 04/09/2015 4:19:03 PM PDT by Red in Blue PA

General Motors will stop making the Chevrolet Volt for four weeks in June and July due to slow sales and to deal with the change to an all-new version of the gas-electric hybrid car.

The company says the Detroit-Hamtramck plant that makes the Volt and four other cars will probably stay open through the summer despite plans for the Volt. The factory also is undergoing construction so it can build a new full-size Cadillac CT6 and the 2016 Volt starting late in the summer.

Sales of electric and hybrid cars have slowed this year, largely due to low gasoline prices. The national average for a gallon of regular gas was about $2.40 US on Thursday, 35 per cent lower than last year's peak of $3.70.

The cheap gas has really hurt Volt sales and caused inventory to build on dealer lots. Through March, GM sold only 1,874 Volts, down 48 per cent from a year ago. The company now has enough Volts to supply dealers for 210 days, according to Ward's Automotive. A 60-day supply is optimal.

(Excerpt) Read more at cbc.ca ...


TOPICS: News/Current Events
KEYWORDS: chevyvolt; governmentmotors; greenenergy; greenscam; obamanomics; porkulus; sparky
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To: LogicDesigner
Requiem for a Fanboy.
101 posted on 04/12/2015 4:02:38 AM PDT by Berlin_Freeper (Ted Cruz 2016!)
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To: LogicDesigner

POS designer..has met his maker in cyber world!

Note: to our late freeper, hope this does not offend you, (if you still are viewing), but I have two gas guzzling Hondas in my garage, the Accord EXL has about 2000 miles on it, and PLEASE note that it is not a GM POS!


102 posted on 04/12/2015 4:55:25 AM PDT by Las Vegas Dave (The democ"RAT"ic party preys on the ignorant..!)
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