August to be Chevrolet Volt's Best Sales Month Yet
August 30, 2012 8:59 AM
comment(s) - last by
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
This article is over a month old, voting and posting comments is disabled
RE: And yet
8/30/2012 5:56:28 PM
Exactly if the global economy was booming instead of just dragging along the oil supply would be tighter then it is now. If you see $4 gas right now think what it will be like if the economy steps into gear.
RE: And yet
8/31/2012 11:02:00 AM
Not sure why you were downrated for this particular comment as you're absolutely right regarding the price of gas now. It stayed low through the summer despite the Iranian straight of Hormuz drama because Obama released barrels from the reserve to stave off a sharp rise.
The reality of the situation is the only reasons gas prices ever went down was because of the newly coupled relationship between the quality of the American economy and gas prices. When we plummetted in the 2008-2009 era, there was a sharp rise followed by an eventual tank (remember the bottom out towards 1.50 2009-2010) that was because of the economy having tanked. As it recovers, so too will the price.
You're right on that. This is a large part of why are economy is in low gear right now. Gains in the economy will directly lead to gains in gas prices 3-9 months out.
RE: And yet
8/31/2012 11:26:46 AM
You are right, but in the end OPEC is in full control of the price of oil. The US could double its production and consumers would only save a bit on shipping costs because OPEC would cut production in concert to keep margins high.
Of course, it'll be great for the trade deficit to boost production and/or cut consumption, but don't for a second think that OPEC will accept, say, a $60/bbl price when they could cut production by 5-10% and get it back to $100/bbl.
On the flip side, they want to keep people addicted to oil, so they're not going to let it get up to $200 for any sustained length of time. That would be a green light for EVs to enter mass production.
“Then they pop up and say ‘Hello, surprise! Give us your money or we will shut you down!' Screw them. Seriously, screw them. You can quote me on that.” -- Newegg Chief Legal Officer Lee Cheng referencing patent trolls
Sales of Chevrolet Volt Surge as Nissan Leaf Sales Wither
August 2, 2012, 9:43 AM
GM Previews 35 MPG 2014 Impala Mild Hybrid
April 4, 2012, 9:30 PM
GM to Suspend Chevy Volt Production for Five Weeks, Cites Soft Demand
March 5, 2012, 12:09 AM
Study Predicts Self-Driving Vehicles Could Rake in Billions
March 6, 2015, 8:34 AM
Dual-Motor Tesla Model S P85D's "Insane Mode" Shocks Passengers
January 28, 2015, 11:18 PM
2016 Cadillac CTS-V Packs 640 hp Punch with 200 mph Reach
January 23, 2015, 3:25 PM
BMW Testing Tech to Allow Users to Auto-Park, Summon Cars Via Smartwatch
December 16, 2014, 9:30 AM
Lamborghini Offers Up $6,000 Leather-Bound Android Smartphone
December 12, 2014, 3:12 PM
Quick Note: GM Teases Next Generation Chevrolet Volt
November 20, 2014, 3:26 PM
Most Popular Articles
Samsung is Bringing Sexy Back w/ Launch of Razor-Thin Galaxy S6 and S6 Edge
March 3, 2015, 2:25 AM
Australian Engineers Successfully Developed 3D-Printed Jet Engines
March 2, 2015, 11:08 AM
Scientists Tap Hard Data on 15,500 Penises to Estimate Average Length
March 3, 2015, 11:22 PM
Windows 10 Adds USB 3.1 for Dual-Role Peripherals, External Display Support
February 27, 2015, 11:39 AM
Windows 10 Testers: Beware Experimental NVIDIA Drivers Tied to DX12 Update
March 3, 2015, 11:13 AM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
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
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information