9 years ago
"March's sales for the Chevy Volt plunged over 35% from last year to a
paltry 1,478 units. To put that in perspective, that's about one Volt
sold every two months per dealership. The number is also down from an
only slightly less paltry 1,626 sales in February. GM's excuses for
the poor performance seem to be drying up as quickly as the demand for
the Volt. During GM's sales conference call, management claimed that
sales are "stable" and that they are "feeling good about the trend."
Such dishonesty brings into question GM's credibility."
"In the past, GM claimed that lack of supply was the reason for low
Volt sales. In addition, GM indignantly blamed a Republican conspiracy
to hurt Volt sales as a contributing factor to the dismal sales
figures for the car. Regarding supply, a recent search on cars.com
showed that 6,804 new Chevy Volts are available nationwide. That's
about a five months supply! The problem is obviously a lack of demand
as GM produced 2,722 Volts in March; over a thousand more than
"So, now we have one more indicator that the Chevy Volt hype has all
been a farce. Yet there is still no admission nor is there any
accountability for the hoax that cost taxpayers billions of dollars.
The lie lives on as few will criticize the politically-sensitive green
failure. The Congressional Budget Office reported that electric
vehicle subsidies will cost taxpayers about $7.5 billion over a few
years for little benefit. Nissan and Toyota have admitted that lithium-
ion based, plug-in electric cars are not a viable alternative to gas-
powered vehicles. Still, the folly continues."
"GM has doubled down on the failed technology of the Volt, now
offering a plug-in Chevy Spark while working on plug-in Chevy Cruzes
and Cadillacs. The business strategy seems to be politically-driven,
since there is no economic reason to pursue a technology that has been
a proven failure in the free market, despite taxpayer subsidization.
Billions of taxpayer dollars will continue to be lost on a green pipe
dream which has no logical basis. When will it be time to say that
enough is enough?"