Print 39 comment(s) - last by Reclaimer77.. on Nov 7 at 1:14 PM

This is compared to October 2012's sales of 2,961

Chevrolet's Volt saw a dip in sales for the month of October, but it better watch its back as Nissan's Leaf creeps up behind.

According to The Detroit News, General Motors (GM) saw a 32 percent decrease in Volt sales for the month of October 2013 compared to October 2012. 

The drop sent sales from 2,961 Volt sales in October 2012 to 2,022 last month. For the year overall, Volt sales are down 2.7 percent to 18,782. 

Why the drop? According to senior analyst Michelle Krebs, gas prices are continuing to fall and traditional gas-powered vehicles are achieving 40 MPG and higher, meaning that some consumers don't see the need for electric vehicles. 

But other EVs seem to be doing just fine despite competition from gas vehicles. Nissan's all-electric Leaf, for instance, saw a 27 percent increase in October sales to 2,002. The Leaf's year-to-date sales are up 167 percent to 18,078 -- right on the Volt's tail. 

Nissan has made some enticing offers for the Leaf this year as a way to increase sales. For instance, it cut the Leaf's base model price more than $6,000 to $28,800 back in January. It also dropped lease prices for the Leaf in an attempt to get more of them on the road. 

Since then, it has addressed issues like batteries overheating by testing a new Leaf battery with a different lithium-ion cell chemistry meant to handle heat (the tests are putting the batteries in sustained internal temperatures of 45 degrees Celsius (113 degrees Fahrenheit), and if all goes well, they'll be available in April 2014) and offering Leaf customers free charging for one year in Texas starting October 1 (it's due to spread to other states over time). 

The Volt saw a price drop recently to spur sales as well. In August, GM reported that it would cut $5,000 from the base MSRP of the Chevrolet Volt. As a result, the new price of entry for the plug-in is $34,995. Of course, this still makes it more expensive than the Leaf. 

Source: The Detroit News

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You want to sell Volts?
By StormyKnight on 11/4/2013 10:29:34 PM , Rating: 2
Then price them the same as a Cruze. The greenies will flood the dealerships and the back inventory will vanish in less than a week.

RE: You want to sell Volts?
By Mint on 11/5/2013 12:22:09 AM , Rating: 5
GM hurt the image of the Volt with its initial pricing. People still think it's grossly overpriced even after tax credit, despite the recent $5k price cut.

A Cruze Eco auto costs $21,130. Right now the Volt is $26,700 after tax credit and:
-better equipped than the Cruze
-is the most reliable Chevy according to Consumer Reports
-will have much higher resale value than the Cruze
-saves you a gallon of gas a day.

If your state has an incentive, you'd be silly to get a Cruze Eco over a Volt unless you need the fifth seat or can't charge overnight.

RE: You want to sell Volts?
By troysavary on 11/5/2013 7:38:28 AM , Rating: 2
I can't get either. I have 4 kids, so a minivan is the most practical vehicle for me. I work from home, so a gas sipping or electric daily driver isn't really needed. But if I were driving to work every day, the Volt would be a tempting option.

RE: You want to sell Volts?
By Dr of crap on 11/5/2013 12:32:51 PM , Rating: 2
Wait so you say my 2005 Malibu should be traded in for a Volt?? I don't make any payments NOW, why would I start!

RE: You want to sell Volts?
By lelias2k on 11/5/2013 12:39:50 PM , Rating: 2
If you think like that, NO CAR in the market makes sense to you. :)

RE: You want to sell Volts?
By TSS on 11/5/2013 1:06:34 PM , Rating: 2
I'm not suprised it's the most reliable chevy. I want to point out when it was first introduced it cost GM around $80,000 to make each car. Even at the full introduction price of $40,000 it would've been an amazing deal.

At $26,700 it's the best value for money car you can buy, especially since GM is still losing alot of money on each car. You'd be crazy not to get it. Infact if it wasn't for the government taking over GM it probably wouldn't exist anymore and they'd gone ahead with their original plan.

Which was to sell the volt at a loss, get the engineering side down, then make a 2nd car much closer to breaking even, then possibly a 3rd car for profit. Yknow more or less like Tesla did it.

I really wonder where that "next volt" is.

RE: You want to sell Volts?
By Mint on 11/5/2013 3:10:11 PM , Rating: 2
It never cost them that much per car. I'm sure the Volt always had good gross margins. All those reports were anti-EV nonsense spreading development costs onto cumulative sales at the time. First it was $250k/car, then $80k/car, then $50k/car...

But yeah, EVs are innately reliable, and PHEVs only put maybe 1/4 of mileage on the gas engine, so they should be reliability also. If a 5 yr old car had only 20k miles on the ICE, you'd expect it to be in pretty good shape. Having a fixed ratio transmission should help reliability too.

RE: You want to sell Volts?
By plug1n volt on 11/6/2013 8:35:35 AM , Rating: 2
Also the same technology that went into the Volt is now in the Spark EV and the soon to be released Cadillac ELR.

Here is a good article describing the fallacy of the $250K Volt.

"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA

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