Volt production on hold for 5 weeks | Detroit Free Press | freep.comOriginally Posted by Detroit Free Press
Basic laws of supply and demand dictate the demand just isn't there, despite the average gallon of gas today hitting $3.47 per gallon in the U.S. The cost (ie., math) of the Volt just doesn't work out until maybe gas is around $5.00 + a gallon. In a related note, the Detroit Hamtramck plan was visited by the President in 2010, adding to a possible meme that if the President visits, bad things happen. Let's hope the people put out of work by this slow down, are hired back quickly.