Chevrolet Volt Sales See 32 Percent Dip in October, Nissan Leaf Catching Up for the Year
November 4, 2013 2:44 PM
This is compared to October 2012's sales of 2,961
saw a dip in sales for the month of October, but it better watch its back as
creeps up behind.
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 Edmunds.com 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
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
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.
The Detroit News
"There is a single light of science, and to brighten it anywhere is to brighten it everywhere." -- Isaac Asimov
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