Volt May See Increased Nov. Sales; House Republican Looks to Kill $7,500 EV Tax Credit
December 1, 2011 11:17 AM
comment(s) - last by
President Obama with a Chevrolet Volt
Rep. Mike Kelly (R-PA)
Despite recent issues with the Chevrolet Volt's battery, GM expects increased Volt sales for November and a recent survey found that Volt customers are satisfied. A GOP lawmaker may, however, ruin EV success by fighting the $7,500 tax credit
General Motors Co. may have hit a few speed bumps this year with the Chevrolet Volt extended-range EV's battery-related incidents, but things seem to be looking up with an expected increase in November Volt sales and a recent survey that confirmed Volt customer satisfaction.
The Chevrolet Volt had its
best-ever sales month
in October 2011, but according to GM Spokesman Jim Cain, November Volt sales are expected to surpass the previous month.
In October, GM sold 1,108 Volts, which was the first time it had outsold the Nissan Leaf EV since April. For the year through October, GM sold a total of 5,003 Volts.
Experts say that it is now very unlikely that GM will meet its sales goal of 10,000 Volts sold in 2011, but GM predicts increased sales in November over the month of October. The final sales figures for November have not yet been released.
Perhaps the reason for increased sales expectations is Volt customer satisfaction. According to a recent survey by Consumer Reports, Chevrolet Volt owners "love their cars."
The Consumer Reports survey, which was released Thursday, is based on over 314,000 opinions of 2009-2012 model year vehicles. The survey found that 93 percent of Volt owners who participated said they'd buy the EV again.
However, the survey was conducted only a few months after the Volt hit showrooms, and mainly consisted of early buyers and enthusiasts. The survey was also taken before the formal investigation of Volt/lithium battery safety began.
Earlier this year, the Volt underwent a series of tests at a National Highway Traffic Safety Administration (NHTSA) facility in Wisconsin. Three weeks after a side-impact crash test on May 12, the Volt went up in flames while parked at the facility, catching nearby vehicles on fire.
This sparked a NHTSA investigation, where
three more Volts were tested
November 16, 17 and 18. One battery had normal results while another emitted sparks and smoke, and the third caught on fire one week later. The NHTSA is now conducting a formal investigation of the vehicle's safety.
The Volt may be seeing the upside of a nasty situation for now with a potential sales increase and customer satisfaction, but one GOP lawmaker is looking to throw a wrench in the EV industry's success by fighting the $7,500 tax credit.
Rep. Mike Kelly (R-PA) told Congress Wednesday that he wants the $7,500 tax credit for EVs to cease because he says electric vehicles have not met desired goals and the tax credit only benefits the wealthy. He specifically noted that the annual income of Volt owners is $175,000.
"[The Volt] has become the poster child of President Obama's failed green agenda," said Kelly. "Like many green initiatives promoted by this administration and bankrolled by the American taxpayer, the electric car is better in theory than in practice; has limited consumer demand; is heavily subsidized; and has fallen short of reaching targeted goals. Despite the fact that the federal government has no business subsidizing a product that a manufacturer could just as easily
promote through rebates and other buyer incentives
, the tax subsidies are largely going to the affluent few who can actually afford to buy an electric car, which costs anywhere between $40,000 and $97,000."
Kelly's "like many other green initiatives promoted by this administration" comment was more than likely referring to this year's Solyndra disaster, where the U.S. government loaned solar panel company Solyndra $535 million in 2009 despite warnings that the company would go bankrupt.
Solyndra filed for bankruptcy
on September 6, 2011.
The Detroit News
The Detroit News
This article is over a month old, voting and posting comments is disabled
RE: You know why he wants to protect big oil
12/2/2011 10:07:56 AM
I don't agree at all that we need to "get away from oil."
Hydrocarbons are a remarkably-compact source of portable energy. Modern society is built on them, and will continue to run on them. New extraction technologies have recently demonstrated that we are centuries away from reaching depletion.
I am reminded of a panicky article written in, of all places, the Scientific American around the early 1900's that concluded that, at current rates of increasing horse populations in Manhattan, by 1950 the city would be buried under 6 feet of manure.
"Well, we didn't have anyone in line that got shot waiting for our system." -- Nintendo of America Vice President Perrin Kaplan
Chevrolet Volt Flunks Two Out of Three Crash Tests, Triggers Formal Investigation
November 28, 2011, 9:44 AM
CA Volt Drivers to Receive $1,500 Rebate, HOV Access; GM Charges EVs via Solar Tree
November 17, 2011, 10:45 AM
Chevrolet Volt Has Best-Ever Sales Month in October
November 2, 2011, 9:42 AM
$500 Million Wasted on Bankrupt Solar Panel Company; White House was Warned
September 14, 2011, 4:22 PM
Quick Note: GM Teases Next Generation Chevrolet Volt
November 20, 2014, 3:26 PM
Audi is Latest to Step Into the Hydrogen Game, Delivers A7 Sportback h-tron quattro
November 19, 2014, 1:41 PM
Toyota’s Mirai Hydrogen Fuel Cell Vehicle Priced from $57,500 in the U.S.
November 18, 2014, 10:23 AM
Honda Still Pushing Hydrogen, Introduces FCV Fuel Cell Concept
November 17, 2014, 8:27 AM
Ford Enlists Wind Energy Corp. to Provide Wind, Solar Energy to Four U.S. Dealerships
November 10, 2014, 10:58 AM
AutoNation CEO Calls Slams Michigan’s “Anti-Tesla Bill”, Chides Elon Musk
November 7, 2014, 6:52 PM
Most Popular Articles
Wal-Mart: Miss Thanksgiving, Get Xbox One + Master Chief Collection for $299
November 17, 2014, 9:40 PM
Nokia Lumia 635 LTE Windows Phone is Only $40 at Best Buy on Black Friday
November 18, 2014, 11:59 AM
Sweden Mulls Labelling "Sexist" Video Games in the Wake of Gamergate
November 17, 2014, 2:00 PM
It's Official: Twitter is Profitable "Junk"
November 16, 2014, 10:45 PM
Austrian Pilots Call Surface 3 Pro Flight Bag a "Dream Come True"
November 14, 2014, 2:00 PM
Latest Blog Posts
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information