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Thread: GM Suspending Chevy Volt Output Due To Slow Sales

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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    Quote Originally Posted by AdamT View Post
    It's certainly possible, but the fact is that Volt sales have increased dramatically. They sold almost five times as many Volts in March as they did all of last year.

    Chevy Volt Sales Still Sizzling, Nissan LEAF Slumps in April 2012 | PluginCars.com


    Adam thats one month sales and does not reflect a total trend for the model...I think overall anyone can say the volt is a flop...you have to track an auto models sales on a yearly basis to determine success not monthly.... but anyway..whether it makes it or not...doesnt matter to me Im not buying one..

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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    Quote Originally Posted by lpast View Post
    Adam thats one month sales and does not reflect a total trend for the model...I think overall anyone can say the volt is a flop...you have to track an auto models sales on a yearly basis to determine success not monthly.... but anyway..whether it makes it or not...doesnt matter to me Im not buying one..
    Right ... and GM had significantly surpassed last year's Volt sales as of July 1 this year.

    But I'm not buying one, either. The price needs to come down.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    Quote Originally Posted by AdamT View Post
    It's certainly possible, but the fact is that Volt sales have increased dramatically. They sold almost five times as many Volts in March as they did all of last year.

    Chevy Volt Sales Still Sizzling, Nissan LEAF Slumps in April 2012 | PluginCars.com
    And in April, sales decreased dramatically - a 30% drop.

    From the article you linked to:

    'Sales of the Chevy Volt dropped a bit with General Motors reporting it sold 1,462 units in April 2012, compared to a record-setting 2,289 units in March 2012.'

    That total represents about 1% of total GM sales.

    'General Motors Co. (NYSE: GM) today reported July U.S. sales of 201,237 vehicles,'

    General Motors | Investors - Sales & Production | GM.com


    Anyone that thinks that G.M. is going to continue to produce a low volume car that loses them money for year after year does not understand the automotive industry, imo.

    'Doug Parks, vehicle line executive for the 2011 Chevrolet Volt, GM's range-extended electric vehicle, confirmed Tuesday that the company loses money on every Volt it sells.'

    GM Confirms, Yes, We're Losing Money on Every Volt We Build


    If it was high volume AND their per unit loss was minimal AND was noticeably helping them with their CAFE (Corporate Average Fuel Economy) numbers - then maybe.
    But at about 1% of total GM units sold - the Volt is not even putting a dent in those numbers.
    Last edited by DA60; 08-28-12 at 08:59 AM.

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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    Maybe all of the car companies are approaching hybrids from the wrong angle.
    They started small! All of the existing "finished" hybrid technology is BIG, ships and trains.
    Several car companies are looking into in wheel motors for their hybrids.
    Turn Your Car Into a Plug-In Hybrid for $3,000 | Autopia | Wired.com
    Maybe a 4 wheel drive pickup truck, designed for towing would make a better hybrid.
    The in wheel motors provide full horsepower traction from a dead stop,
    and there is more room for mileage improvement.
    Imagine a 40 mpg 4 wheel drive 1 ton pickup. This is something that might sell,
    and the price point is already around $40K.
    The technology is already there, it just needs to be scaled down, but only to truck size.

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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    The sad thing about the Volt is that it doesn't suck, it simply had too much hype. It's kinda like a movie that everyone tells is the greatest thing ever, so you go into it with unrealistically high expectations.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    Quote Originally Posted by DA60 View Post
    And in April, sales decreased dramatically - a 30% drop.
    And those April sales were still three times better than April sales last year....
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    Quote Originally Posted by KevinKohler View Post
    The sad thing about the Volt is that it doesn't suck, it simply had too much hype. It's kinda like a movie that everyone tells is the greatest thing ever, so you go into it with unrealistically high expectations.
    I think the sad thing about the Volt is it's price - 40K.

    If it were 20-25K, it would probably sell well.

    40K - no chance.

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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    Quote Originally Posted by DA60 View Post
    I think the sad thing about the Volt is it's price - 40K.

    If it were 20-25K, it would probably sell well.

    40K - no chance.
    True ... but the price won't come down until volume goes up.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    Quote Originally Posted by DA60 View Post
    I think the sad thing about the Volt is it's price - 40K.

    If it were 20-25K, it would probably sell well.

    40K - no chance.
    too bad they cost like $250,000 each to make... (but I guess that's when you add R&D costs, and government subsidies... not just pure manufacturing costs)
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    Re: GM Suspending Chevy Volt Output Due To Slow Sales

    Quote Originally Posted by AdamT View Post
    And those April sales were still three times better than April sales last year....
    'General Motors admitted Thursday that it won't sell the 10,000 Chevrolet Volts that it had hoped to sell in 2011, and said that it would buy the plug-in electric car back from any customer fearful about its safety.
    Until now, GM (GM, Fortune 500) has stood by its goal of selling 10,000 Volts by the end of the year -- even as sales lagged. But when GM reported its November sales, an executive admitted that the goal is now out of reach.

    "We're not at all disappointed," said Don Johnson, GM's vice president of sales operations. "We'll hit it early next year."
    By the end of November, Chevrolet dealers had sold a total of 6,100 Volts. Of those, 1,100 were sold in November, about the same as the month before.
    GM executives said on the company's conference call that Volt sales have been constrained not by lack of demand, but by lack of supply.
    Volt sales had slowed to a trickle during the summer months as GM temporarily shut down the Detroit factory where the car is built. The month-long shut-down allowed GM to revamp the factory in order to boost the car's production volume.'


    Chevy Volt misses 2011 sales goal - Dec. 1, 2011


    Plus - only a limited number of dealers sold the car last year. Of course sales were going to dramatically rise this year. GM COULD NOT sell even close to 20,000 units last year no matter how many people wanted them.


    But sales still dropped by over 30% in April.

    And though they recovered come in May and June - they are still selling over 20% less then March.

    http://www.mlive.com/auto/index.ssf/...es_in_201.html


    And the really pathetic thing is that even at that ridiculous 40K price - GM is still losing money on every one.

    Whereas Toyota sells Prius's at almost half that (and the cheapest Prius at less then half).

    http://www.toyota.com/

    At 40K, the Volt is a dud...period.
    Last edited by DA60; 08-28-12 at 09:26 AM.

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