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Volt selling well as other green cars falter

Sales of the Chevrolet Volt extended range electric vehicle have been very much up and down since the car launched. At one point Chevrolet placed production of the Volt on hold due to poor demand only to restart production earlier than expected due to an uptick in sales. At the same time, sales of the pure electric-powered Nissan Leaf have continued to struggle as it becomes clear Nissan will be unable to meet its lofty sales goals for 2012. 
 
Nissan had expected to sell 20,000 electric vehicles in the U.S. during 2012 and has so far only been able to sell 3,543. During the month of July, Nissan sold just 395 Leaf EVs, which represents a decline of 58% compared to July 2011. 


Nissan Leaf
 
Although Nissan isn't selling very many Leaf EVs, the automaker still insists it will meet its 20,000-unit goal for 2012. That goal seems very unlikely since Nissan will need to sell close to 3,300 Leaf EVs each month for the remainder of the year.
 
"Our target has not changed," said Nissan spokesman David Reuter on Wednesday, acknowledging that, "sales to date have not met our expectations."
 

Chevrolet Volt
 
GM is faring better with its Volt with sales rising compared to July of 2011 to 1,849 units in July 2012 compared to only in 125 units in July 2011. Through the first first seven months of 2012, GM has sold 10,666 Volt extended range electric vehicles for an increase of 270% compared to the first seven months of 2011.
 
Detroit News reports that sales of the Volt have been boosted by factors outside of Chevrolet's control, including the fact that California granted lone Volt drivers the ability to access carpool lanes. One in every three Volts sold are purchased in California.
 
GM sold more than twice as many Volts in July as Toyota sold Prius plug-in hybrid vehicles. Toyota moved only 688 of the latest Prius variant during July.

Source: Detroit News



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RE: Come on
By room200 on 8/3/2012 12:12:21 AM , Rating: 2
Penn Central Railroad was bailed out in 1970-3.2 billion
Lockheed in 1971-1.4 billion
Franklin Nat. Bank in 1974-7.8 billion
New York city in 1975-9.4 billion
Chrysler in 1980-4 billion
Continental Bank in 1984-9.5 billion
Savings and Loan in 1989-293.3 billion
Airline Industry in 2001-18.6 billion
Bear Stearns in 2008-30 billion
Fannie Mae in 2008-490 million
AIG in 2008-25 billion

The United States Government has a history of making loans to troubled private businesses, and most of those bailouts did not include employees as members of unions, so stop acting like this bailout is something unprecedented. I would also assume that you would keep track of all of those businesses listed and that you've never patronized or benefitted from them in any way including subsidiaries who have invested in them, correct? I would also assume that you have a home loan through Fannie Mae or a subsidiary and that as soon as you found out, you found a new lender that was not managed by them (though that would be very difficult to do).


"When an individual makes a copy of a song for himself, I suppose we can say he stole a song." -- Sony BMG attorney Jennifer Pariser














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