Tuesday, April 9, 2013

Volt Sales Tank; Same again, Please

Don't tell me the sequester hasn't hurt the economy. Just look at the terrible March Chevy Volt sales. They plunged over 35% from last year to a paltry 1,478 units. To put that in perspective, that's about one Volt sold every two months per dealership which probably makes selecting Volt salesman of the month a rather problematic exercise. From the taxpayer's point of view this is good news since only 1478 $7500 rebates had to be paid out. In the past General Motors has blamed lack of availability due to production problems for poor sales but in March it produced 2722 and now has about a 5 month supply on hand. Undaunted by this set back GM is bringing out a plug-in Chevy Spark and actually has plans to produce a plug-in Caddy. "Live and learn" seems to have gone out of vogue.

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