The Chevy Volt went from a very promising concept, to a very real failure. If you recall, the Volt was initially a show car, and being planned for production prior to the governments takeover of GM. The original idea was evolutionary; the car would be electric, with a small gas engine on board to charge the batteries. It actually generated some excitement. But, just before they were supposed to start rolling off the assembly line, we were told that the production Volt was nothing more than a hybrid car-and a rather expensive hybrid car at that. Competing in a market against the much cheaper Toyota Prius, the Volt has not sold well. That, and their tendency to catch on fire probably chilled sales as well.
Whether it’s the exorbitant cost, or the bursting into flames, Volt Production is being suspended for 5 weeks. Gateway Pundit has more…
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.
In 2011, Chevrolet sold 7,671 Volts, but fell short of its initial goal of 10,000.
GM had planned to expand production of its Volt plug-in hybrid to 60,000 this year, with 45,000 earmarked for the U.S.
Let’s translate. ”…we are still seeking to align our production with demand.” This means that people aren’t buying enough of the cars.
I wonder if they’re still going to roll out the Cadillac version?