Jump to content

Chevrolet Volt suffers from poor sales

Chevrolet Volt suffers from poor sales

SYF77

1,486 views

monthly_03_2012/blogentry-60386-1330744083.jpg

blogentry-60386-1330744041.jpg

 

It looks like the Chevrolet volt fails to create that spark with consumers. Low sales volume and high inventory, which stands at 6,300 vehicles at end of Feb 2012, caused General Motors to make the decision to halt the production of the Volt and Opel Ampera (European version of the Volt) for five weeks. At the current buying rate for the Volt, the current inventory can last for 154 days. The shutdown will cause 1300 employees to be temporarily laid off.

 

blogentry-60386-1330744067_thumb.jpg

The production hiatus comes after a retooling break that only ended in early February. The upcoming shutdown is scheduled to last from March 19 to April 23. As a GM spokesman commented, "We're matching our production levels with demand and building to market." If the sales is so poor at the moment, it seems like a poor business decision to spend money to retool the plant. Or, they could have scheduled the retooling to coincide with the plant shutdown.

 

In 2011, the GM moved 7,671 units of the Volt, which is far short of the 10,000 unit sales target. In January 2012, GM only sold 1,023 Volts, the lowest in the past five months. It looks like GM needs to do a lot more to promote the Volt if the company wants to meet the sales target of 45,000 Volts in US this year. President Obama has personally endorsed the Volt by saying that he intends to buy one when he leaves the office in five years




2 Comments


Recommended Comments

Their biggest mistake was making it a 2+2 instead of a proper saloon car.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • A sole-ful tribute

    Car enthusiasts are an emotional bunch. So, I naturally develop feelings for things on wheels, be it four wheels or two. However, I was surprised to discover that I had become attached to my old pair of sneakers, whose soles are so worn that it hurts to wear them.  That is the unequivocal signal to retire them. But I must say "Thank you" before bidding them goodbye. The laceless design is convenient, saving time when you need to rush off in the morning Through thick and

    jeresinex

    jeresinex

    Sgcarmart goes on an adventure!

    Gentlemen, start your engines… or perhaps you'd might want to get those electric motors purring! Sgcarmart has kicked off its inaugural Sgcarmart Adventures - a curated adventure designed to bring local car enthusiasts and the community at large together - with a driving trip that saw a total of six cars participating to take a deeper look at Singapore's automotive manufacturing history. The day started off with a quick breakfast right in the lobby of our office, which was

    clarencegi75

    clarencegi75

    My favourite racing game is back!

    THERE'S A NEW TOKYO XTREME RACER GAME ON THE WAYYYY!!!! This is the best news for fans of this rather understated and obscure racing game. Also known as Shutoko Battle in Japan, this is a series of racing games by Genki, a Japanese game company that was founded in 1990. Tokyo Xtreme Racer 3 is one of the most popular game in the series as it features many cars, opponents and an extensive map For those that have never heard of these games, I'll give you a quick run-down. Inspired by the

    Typicalcarguy

    Typicalcarguy

    Christmas colours: What do they actually mean?

    The members of the Sgcarmart media team recently put its heads together to prepare something special and festive for our readers and viewers - which you can both read about and watch on Instagram - and as we were sitting down to plan things out, we were faced at one point with a deceptively simple question: What are the different meanings behind the colours we associate with Christmas?  In my very non-expert eyes, three distinct colours stand out: Red, green and white primarily,

    donutdontu

    donutdontu

×
×
  • Create New...