Chevrolet Volt Sales See 32 Percent Dip in October, Nissan Leaf Catching Up for the Year
November 4, 2013 2:44 PM
comment(s) - last by
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
This article is over a month old, voting and posting comments is disabled
RE: You want to sell Volts?
11/5/2013 3:10:11 PM
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?
11/6/2013 8:35:35 AM
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.
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