Arab Today, arab today gm halts production of hybrid volt as sales flatline
Last Updated : GMT 12:05:17
Arab Today, arab today
Arab Today, arab today

GM halts production of hybrid Volt as sales flatline

Arab Today, arab today

Arab Today, arab today GM halts production of hybrid Volt as sales flatline

London - Arabstoday

General Motors will suspend production of the Chevrolet Volt for five weeks this spring, a spokesman said on Friday. Disappointing sales of the award-winning plug-in hybrid electric car have left the car firm with too many Volts. Production of the US car and its European version, the Opel Ampera, will be on hold starting 19 March and 1,300 workers will be temporarily laid off. They are expected to return to work on 23 April. Last month at the United Auto Workers conference Obama told car workers that he intended to buy a Volt when he leaves office. \"Volt sales increased in February as compared to January, but we still need to maintain our inventory levels and so we\'re taking this action,\" GM spokesman Chris Lee said. \"We\'re going to build to market demand.\" At the end of February, Volt inventory stood at about 3,600 vehicles, which does not include in-transit vehicles. Car sales in general have been picking up in the US for two years, aided by a shift to more fuel-efficient vehicles. But sales of electric and hybrid vehicles have been disappointing. Auto sales were up more than 10% in the US last year. But sales of \"alternative power source light vehicles\" rose just 2.3%, according to the analysts WardsAuto. The Volt was car of the year at Detroit\'s 2011 auto show, beating Nissan\'s all-electric Leaf to the title. But neither car proved a hit with buyers. GM had aimed to sell 10,000 Volts in its first year but sold 8,000. In January, the GM vice-chairman, Steve Girsky, said the company would wait until June to decide whether to cut back on production of the Volt if sales remained subdued. Edmunds.com senior analyst Michelle Krebs had a more historical take on the car. \"The Chevrolet Volt has had a very rocky go of it, from the very beginning of the launch when confusion emerged about what it was – an EV or a hybrid – to the latest episode with Volts catching fire after NHTSA testing,\" he said. \"This period of high gas prices should have given sales of the Volt and other hybrids and electric cars a lift. Instead, there\'s a wide selection of 30mpg and even 40mpg cars that don\'t carry the hefty premium of vehicles like the Volt so the Volt, Nissan Leaf and others are up against stiff competition.\" The decision to cut Volt production is unlikely to dent GM\'s overall US sales, which have been growing steadily since the firm emerged from bankruptcy in 2009.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today gm halts production of hybrid volt as sales flatline Arab Today, arab today gm halts production of hybrid volt as sales flatline

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom, China plunges into snow biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom, China plunges into snow biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues

GMT 22:05 2017 Wednesday ,22 February

RTA completes Phase I of smart parking project

GMT 01:06 2017 Monday ,20 February

Dubai set to be leader in driverless mobility by 2030

GMT 00:36 2017 Monday ,20 February

Abu Dhabi merges key parking sectors

GMT 11:19 2017 Sunday ,19 February

Syrian Khallouf Trading Company launches two new cars

GMT 10:37 2017 Thursday ,16 February

Motorsport fans encouraged to buy GP tickets

GMT 13:21 2017 Wednesday ,15 February

200 Teslas to join Dubai Taxi fleet

GMT 21:20 2017 Tuesday ,14 February

Tesla brings electric cars to supercar-loving UAE
View News in Arabic - Auto: أخبار السيارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday