Chevrolet Blames Low November Volt Sales on Lack of Inventory
December 4, 2012 1:13 PM
comment(s) - last by
Strong demand for the Volt partly to blame for inventory issues
Chevrolet has been doing surprisingly well with sales of its Volt extended range electric vehicle. In fact, Chevrolet has repeatedly set sales records for the Volt this year. Back in August, Chevrolet set a single month
for the Volt and then beat that record again in October.
In November of this year, Chevrolet sold 1,519 Volt vehicles, which represented a 33% increase over November of 2011. However, the number of cars sold in November was roughly half the number Chevrolet sold in October and September when the company sold 2,961 and 2,851 Volts respectively.
Chevrolet says that the problem with sales declining isn't that demand for the vehicle is waning; it's that demand is too high. Part of the reason sales declined so much in November was due to low inventory that was felt particularly hard in California.
According to Don Johnson, Chevrolet VP of Sales and Service, the California market where GM sells 34% of all the Volts it produces recently had only an 8-day supply the vehicle. General Motors has been able to up production of the vehicle and currently has up to 23 days supply for California and about 60 days across the US. According to Johnson, that volume level is ideal.
General Motors has sold 20,828 Volts so far this year.
Another potential issue that could have contributed to low supply of the Volt was that the assembly plant where the Volt is produced was idled to retool for production of 2014 Chevrolet Impala. That plant idling combined with stronger-than-expected sales led to problems with inventory.
While General Motors struggles with supplies for its popular Volt, competitor Ford is doing very well with its new C-Max plug-in hybrid. Ford reports that it has sold 8,999 C-Max hybrids and
C-Max Energi plug-in hybrids
in only two months. The most popular region for the car is Southern California according to Ford.
This article is over a month old, voting and posting comments is disabled
sure it was
12/5/2012 1:32:30 PM
Let's see, 2 months of inventory gather dust on lots in 47 states and one state that needs cars it could sell can't get any.
And GM can't put those extra cars on trucks and trains bound for CA.
Sure, sales were down 50% because one state which only accounts for 1/3 of sales was short of cars.
No doubt. I believe it all.
RE: sure it was
12/5/2012 8:15:06 PM
Although dealers can make trades amongst themselves, GM cannot just grab inventory from a dealer's lot and give it to another dealer.
Also, the California cars are built to a different emission standard.
“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
Ford's C-MAX Energi Receives 620-Mile EPA-Rated Driving Range
October 19, 2012, 7:26 PM
August to be Chevrolet Volt's Best Sales Month Yet
August 30, 2012, 8:59 AM
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
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
Most Popular Articles
Paramount Bans Team America Screenings, Cowers Submissively to North Korea
December 18, 2014, 10:26 PM
Android-Powered BLU Studio 7.0 Claims to be the "World's Largest Smartphone"
December 19, 2014, 2:40 PM
News Corp's Fox is Terrified of North Korea, Kills Upcoming Steve Carell Film
December 18, 2014, 4:09 PM
Amazon's Kindle Fire HDX 8.9 Drops to $299 (30 Percent Off) for a Day
December 22, 2014, 10:57 AM
Miyamoto: Nintendo is Prepping Successor to Troubled Wii U
December 22, 2014, 6:28 PM
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 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information