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Summary:

General Motors is suspending production of its electric car the Volt for five weeks to help supply catch up with demand, according to The Detroit Free Press.

Charging up the Volt

Charging up the Volt

General Motors is suspending production of its electric car the Volt for five weeks to help supply catch up with demand, according to The Detroit Free Press. GM’s Volt sales for 2011 were slightly under its target of 10,000 Volts sold, with 7,671 sold in 2011. In 2012, GM has sold 1,626 Volts. Stopping production for five weeks will lead to the temporarily layoffs of 1,300 workers, reports Reuters.

The news isn’t great, given there’s been a lot of talk about the supply actually being the issue with the Volt (and not consumer demand). But if GM is halting production of the Volt for five weeks, then it seems like demand is a bit of a problem as well. GM’s Volt is an extended range electric car with a price at around $41,000 (before tax incentives).

  1. Keith Benicek Friday, March 2, 2012

    MAYBE … GM should have a “FIRE SALE” … oh wait, the Volts have already been ON FIRE!!! Bwah ha ha ha ha ha, Obama Motors.

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    1. Oh you’re soooo funny — Not a single Volt has caught on fire in real world use. Compare this to over 250,000 regular gas burning vehicles that catch fire every year. Former GM chairman Bob Lutz, had some interesting words for his fellow conservatives regarding their relentless volt-bashing on Forbes: http://www.forbes.com/sites/boblutz/2012/01/30/chevy-volt-and-the-wrong-headed-right/

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