GM suspends production of electric Volt

[FarCenter]

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.

http://www.france24.com/en/20120303-gm-suspends-production-electric-volt

[SalviaBlue]

1. It's too expensive.

[jannyk]

2. Bingo! At over $33k it's prohibitively expensive.

[FarCenter]

3. Edmunds gives the MSRP as $39,145

http://www.edmunds.com/chevrolet/volt/2012/?sub=hatchback#fullreview

[NJCher]

4. all those freaking billions

bush got us into in Iraq could have been spent lowering the cost for Americans to buy vehicles like the Chevy Volt.


Cher