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Wednesday, May 4, 2011

GM Volt Sales Fell in April; Down to Less Than 500 Units; GM Making 'Em As Fast As They Can; Can't Keep Up With Demand

From an earlier post:
GM says they are selling Volts as fast as they can make them. [They must be making them by hand.]
Today's GM news regarding the Volt:
Monthly sales of General Motors Co.'s extended range electric Chevrolet Volt fell in April, as the automaker ramped up distribution of demonstration models to dealers, the company said Monday.

"It's tough to limit the number of Volts for sale to potential customers when demand is so strong, but the Volt has value to the Chevrolet portfolio well beyond incremental sales," said Cristi Landy, Chevrolet marketing director, in a statement.
GM sold 608 Volts in March; it is expected that GM will sell less than 500 in April.

Draw your own conclusions.

GM has said that the company loses money on each Volt it sells. It would make sense to "hide" expenses for the Volt as part of GM's advertising budget.

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