Friday, March 2, 2012

AFP — GM suspends production of Chevy Volt due to weak demand


General Motors said Friday it has suspended production of its electric Chevy Volt for five weeks in order to match supply to weak demand.
“We’re going to take five weeks of downtime at the plant as we are going to build to what the market demands,” spokeswoman Michelle Bunker Malcho told AFP.
“We had a great month in February (over 1,000 in sales) and are very pleased with what we see happening in the marketplace especially with Volt now being eligible for HOV lanes in California.”
GM sold 8,000 Volts last year, less than the 10,000 units forecast in its first year.
Read it at Raw Story
GM suspends production of Chevy Volt due to weak demand
by Agence France-Presse

1 comment:

Matt Franko said...

My friend sells them. At first they sold out. After these first adapters were satisfied, they are sitting on the lot. My friends dealership has 2 sitting and he is given one as a demo.

I went over a deal with him, without fiscal support, they are trying to sell a $20k car for $40k imo. USG needs to provide a $20k credit for purchase, then they will sell.

Resp