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GM's Flop In Green


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GM’s flop in green

 

NY Post / Patrick Michaels

 

At the Detroit Auto Show this week, CEO Dan Akerson admitted that General Motors may have to cut back production of the Chevrolet Volt because the 4,600-plus Volts on the market now are about three times the monthly sales. Other figures put the GM hybrid car’s inventory at an outrageous 120-plus days.

 

By most accounts, “Government Motors” has stuck with the Volt mainly to please the Obama administration, which still owns a third of its stock in the wake of the 2009 government “rescue” of the company. But just how badly is the effort faring? Well, consider the 1,529 sold in December.

 

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  • 1 month later...

agree.. I enjoyed my volt test drive.. but as I have stated in other posts... price overall, small backseat, and safety issues...

 

The price is tough to digest. The safety issues are somthing that surprise me from GM. They should have been checked and cross checked. . .I think it has strangled the Volt through all of the media articles.

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