Chevy Volt: Why is production being halted? Even though expectations were high for the Chevy Volt this year, things aren't looking all that electrifying for the vehicle right now. High gas prices might change that. Chevy Volt Production Suspended The Chevy Volt was the 2012 European Car of the Year, but slumping sales in the U.S. caused a suspension in production of the electric hybrid vehicle, Fox News reports. Chevrolet anticipated a 60,000 annual demand when the company launched the Volt in 2010. To date, fewer than 8,000 have been purchased, according to CBS News. The planned monthlong factory shutdown leaves 1,300 Michigan workers ... What's Next For Chevy Volt: Four Pieces Of The Puzzle Idling volt was easy for General Motors' executives. Now comes the hard decision. GM and Opel Suspend Production of Prize-Winning Chevy Volt While the Chevy Volt won 'Car of the Year' at the Geneva Auto Show, manufacturing of the hybrid will soon be suspended for five weeks due to slow demand... The Chevy Volt Is Dead ... Long Live the Electric Car? One setback isn't the end of the plug-in world. Chevy Volt a bad sign for electric car sales? With GM suspending production to reduce oversupply, analysts question whether hybrid and electric vehicles can sell at high prices Chevy Volt Production Suspended by General Motors Starting March 19 Due to Low Sales General Motors has reportedly decided to shut down production of its Chevy Volt for five weeks starting on March 19 up to April 23, 2012, as reported by various international news sites on March 2, 2012. Chevrolet Volt Image Credit: hybridcars.com Accordingly, sales of Chevrolet Volt failed to meet General Motors' sales forecasts of 10,000 units for the full year [...] Chevy Volt, Nissan Leaf Are Tough Sells in Tough Economy COMMENTARY| Despite the AAA Fuel Gauge report of a national average gas price of $3.76 per gallon, Motoramic is reporting General Motors has decided to temporarily ice production of the Chevy Volt. The move puts 1,300 people out of work for five weeks. For anyone who has done a bit of car shopping over the past year, the figure is hardly surprising. GM suspends production of electric Volt General Motors said Friday it has suspended production of its electric Chevy Volt for five weeks in order to match supply to weak demand. Chevy Volt's problem: Sticker shock Despite winning a trophy case worth of awards -- including Motor Trend Car of the Year and North American Car of the Year -- the Chevrolet Volt plug-in car has failed to meet GM's sales expectations.
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References:
http://www.foxnews.com/leisure/2012/03/05/chevrolet-volt-named-2012-european-car-year/
http://www.commercialappeal.com/news/2012/feb/08/buy-chevy-volt-tennessee-get-2500-state-rebate/?partner=RSS
http://pixelhat.net/
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