August to be Chevrolet Volt's Best Sales Month Yet
August 30, 2012 8:59 AM
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Over 2,500 volts sold in August
Things are starting to look up for General Motors and the Chevrolet Volt extended range electric vehicle. The
has scored its biggest sales month ever during August. Chevrolet was able to sell more than 2,500 of the plug-in vehicles according to GM spokeswoman Michelle Malcho.
"We are seeing sales momentum continuing to build for the Volt, especially in key markets — California, Michigan, Illinois and Florida," she said.
"We're starting to see other markets grow, as well. As with a lot of first-generation technologies, it takes time to build customer awareness."
Prior to August, the best sales month ever for the Volt was March with 2,289 units sold. Cumulative sales for the Volt in 2012 are coming very close to the sales numbers Toyota put up with its Prius hybrid in its second year of production. Toyota was able to move 15,600 Prius vehicles for all of 2001, the second-year that car was available. Through August, 13,300 Volts have been sold.
GM also announced that it would stop production of the Volt at its Detroit Hamtramck Assembly Plant for four weeks while the plant retools. GM says that the company built ahead for Volt production anticipating the shutdown and will have enough vehicles on hand to meet customer demand. The assembly line will close down on September 17 through October 15, as GM gets ready for production of the
2014 Chevrolet Impala
to begin at the plant.
Chevrolet Volt [Image Source: TECHVEHI]
This plant has been idled two times this year already
due to low demand for the Volt
. At least this time demand is remaining high. General Motors sold 10,666 Volt automobiles during the first seven months of 2012. That is a 270% increase from the same span of 2011.
GM had previously forecast the sale of 45,000 Volts for 2012 and abandoned that number saying instead that it would match supply to demand.
The Detroit News
Detroit Free Press
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RE: And yet
8/30/2012 10:49:56 AM
It wouldn't be a bad car if they knocked $10k off the entry price. I'll probably save as much as $800 on fuel with the Volt compared to my current car but I'll spend about $9,000 a year for five years on the auto loan. I'll have to drive the car for many decades to break even.
If you are in the market for a new car, you live in a house, and your commute is never more than 30 miles it isn't such a bad deal. The Prius models are still better options in terms of net money in your pocket but it isn't outrageous.
RE: And yet
8/30/2012 5:58:24 PM
Yeah if your not in the market for a new car its almost always cheaper just to drive what you have into the ground.
RE: And yet
8/31/2012 12:44:30 PM
It doesn't have to a commute under 30 miles, and if you drive more you'll only lose a little compared to a Prius (which has nowhere near the same level of ride quality) and gain over almost every other car. You will save $800/yr, but someone who drives more will also save $800 a year also, if not a bit more.
What car would you buy instead of the Volt? Few average more than 35MPG combined, and it'll likely have to be about $25k to match it in features and ride quality. It's only the people with a short commute who will save less.
I think if you add up the savings over the lifetime of the car, it's a pretty clear win after the credit. Even if you sell it in 5 or 10 years, it should have a higher resale value, as the next owner is also going to save.
To me, the biggest problem is the Volt's looks. It just isn't that attractive, even among the rest of GM's lineup.
"Nowadays you can buy a CPU cheaper than the CPU fan." -- Unnamed AMD executive
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