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Friday, April 26, 2013

Random Update Of Chevy Volt Sales: Tesla Cannibalizing Chevy Volt Sales

Last October 2, 2012 (updated from the original January 5, 2012 post): August and September have been great months for auto sales, including the Volt:
With 2,831 sold, August was a good month for sales of the Chevrolet Volt. In fact, it was the most Volts sold in the U.S. in a single month, ever. Critics questioned whether those sales were legitimate, but there's no question the Volt is on a roll. Could Chevy orchestrate a repeat? September has answered that question with a resounding yes, and then some: GM sold 2,851 Volts last month. In September 2011, Chevy sold 723 Volts. With 210,245 vehicles sold across all brands, GM says that this was the best September, U.S. sales-wise, since 2008. [2,851 / 210,245 --> 1.3%. Pretty impressive.]
So, last autumn, GM sold about 5,700 Chevy Volts in two months.

How did GM do in 1Q13?

In an article comparing 1Q13 Tesla sales with the Chevy Volt and the Leaf, Bloomberg is reporting
Tesla expects to report at least 4,750 deliveries of the electric Model S in the U.S. and Canada when it releases first- quarter results on May 8, said Shanna Hendriks, a company spokeswoman, reiterating a March 31 estimate. That compares with 4,421 Volt sales in North America and 3,695 deliveries of Nissan Motor Co.’s Leaf, based on data provided by the carmakers.
So, 5,700 Volts in two months last autumn; 4,400 Volts in the past three months, albeit slow months for car sales.

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