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Chevy Volt Meets High Resistance, GM Suspends Sales

Hugh Pickens writes "The Hill reports that GM has announced to employees at one of its facilities that it is suspending production of the Chevy Volt for five weeks and temporarily laying off 1,300 employees. Back when GM launched the beleaguered electric car, it boldly targeted sales of 10,000 in 2011 and 60,000 in 2012 but GM only sold 7,671 Volts in 2011 and just 1,626 so far this year. 'We needed to maintain proper inventory and make sure that we continued to meet market demand,' says GM spokesman Chris Lee. 'We see positive trends, but we needed to make this market adjustment.' Although President Obama promised he would buy a Volt 'five years from now, when I'm not president anymore,' the Volt has come under criticism from Republicans in Congress because of reports of its batteries catching on fire during testing. Ironically, the shutdown comes as gas prices are soaring, exactly the time when an electric car should be an easy sell." If it's still true that GM was taking a loss on every Volt sold, perhaps this is a blessing in disguise.

6 of 599 comments (clear)

  1. 7671 by AliasMarlowe · · Score: 4, Funny

    Anyway, 7671 volts is more than they used in an electric chair.
    The lawyers saw this number and stopped production: a customer might get hurt and sue...

    --
    Those who can make you believe absurdities can make you commit atrocities. - Voltaire
  2. Ohm I God! by Anna+Merikin · · Score: 5, Funny

    Volt meets Resistance. I couldn't resist.

    On a serious note, GM does not have a good record with respect to embracing effective change. Its management is still intellectually corrupt, except it is no longer led by executives who came up through sales/marketing and now has had government surrogates put in their places.

    GM has never had a working grip on the obvious, and I'm old enough to remember when GM-made cars were more than half of the world's output. They no longer have a monopoly, nor the world's biggest dealer network, and only, apparently, one profitable brand of auto -- Cadillac.

    So, as I told a friend who had inherited money in 2001 -- "Sell GM short. They're going down."

    It's true again, How long must GM wait before it can return to the courts for relief?.

    1. Re:Ohm I God! by Dachannien · · Score: 3, Funny

      Volt meets Resistance. I couldn't resist.

      It's good that Slashdot is here to help us keep up on current events.

  3. Re:Japan and Europe is where the industry is by PopeRatzo · · Score: 4, Funny

    What does US have?

    Hollywood and Predator drones, so watch your fuckin' mouth.

    --
    You are welcome on my lawn.
  4. But does it work? [Re:No surprise] by Geoffrey.landis · · Score: 4, Funny

    I can buy TWO Ford Focus 40mpg cars for the same price as a Volt.

    Wow, I haven't heard anybody else suggest that simple technique for getting 80 mpg.

    --
    http://www.geoffreylandis.com
    1. Re:But does it work? [Re:No surprise] by j2.718ff · · Score: 4, Funny

      I can buy TWO Ford Focus 40mpg cars for the same price as a Volt.

      Wow, I haven't heard anybody else suggest that simple technique for getting 80 mpg.

      Remember to connect them in series. If you connect them in parallel, you'll just get the 40mpg, but you can drive twice as fast.