Tuesday, August 28, 2012

Chariots on Fire? Apprently Sales Are Not On Fire; GM To Match Production With Demand

... by shutting down Volt assembly lines for a month or so. Apparently this has not been announced, but there are rumors and there are stories. This is one of those stories.
General Motors, the largest U.S. automaker, is planning to stop production for about four weeks in September and October at the factory that makes Chevrolet Volt cars, two people familiar with the plan said.

Sales of the plug-in hybrid sedan haven’t met Chief Executive Officer Dan Akerson’s projections this year. Through July, GM sold 10,666 Volts in the U.S., according to researcher Autodata Corp. Akerson had aimed for sales of 60,000 globally, of which 45,000 would be delivered in the U.S. In June he said sales would probably total 35,000 to 40,000.
It should be a great second half for GM's Volt if they can finish the year with 40,000 delivered (sold?) by the end of the year, having sold just 11,000 the first half. 

I have to thank the politicians for helping me read some statements more closely, as in "delivered," versus "sold."

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