Articles

Southern Californian Drivers – the “Economics” of the ‘new’ Chevy Volt, don’t “Add Up” for our Lifestyles

By IAAdmin on  From travelinlocal.com
General Motors reached another Obama milestone when they announced late on a Friday afternoon that they were suspending production of the Obama-inspired Chevy Volt for five weeks due to lack of demand. Presumably the Volt was an attempt by GM to help Obama with his pledge to put 1 million electric cars on the road in return for the tens of billions of dollars in forgivable “loans” that the company got from the Obama administration from the TARP bailout. The hybrid gas-electric vehicle gets...Read Full Story

Chevy Volt and President Obama: He's "Green" until something better comes along!

By Michael Haltman on  From politicsandfinance.blogspot.com
GM suspending production of the Chevy Volt and laying off 1,300 workers due to abysmal sales!President Barack Obama has once again hitched his wagon to the wrong horse only this time more literally as the Chevy Volt, one of the administration's poster children for "Green Energy", has failed miserably (Solyndra being one of the more famous other failures among a much longer list).The announced suspension of Volt production and worker layoffs occurred just days after the President made a bold...Read Full Story

Government Volt math Obama-style: If at first you don't succeed, just raise the federal subsidy!

By Michael Haltman on  From politicsandfinance.blogspot.com
Government Motors to increase Chevy Volt subsidy from $7,500 to $10,000!Excuse me but doesn't this proposal by President Obama constitute what he is most against? Tax breaks for the wealthy?With the income of the average Chevy Volt buyer $170,000, rich according to the Obama administration, why offer an additional subsidy that the 99% has to pay for?Could it possibly be that the embarrassment of Chevy having to shut down production just days after Obama gave the Volt his ringing endorsement...Read Full Story

Chevy Volt Gets a Replacement Cord

By Linda Loschiavo Makofski on  From blog.roadandtrack.com
General Motors will be replacing the 120-volt charging cords for most of the Chevrolet Volts it has sold. Apparently there is no need for alarm and the 240-volt cords are not part of the program. Some owners have reported the 120-volt cords overheating, but GM says the replacement isn’t because of that. Instead, GM spokesman Randal Fox explained, “It’s just an effort to offer a more consistent charging experience. It’s not a safety recall. It’s more of a customer-satisfaction program.” GM has...Read Full Story

Chevy Volt Gets Green Light for CA Carpool Lanes

By Linda Loschiavo Makofski on  From blog.roadandtrack.com
Chevrolet is hoping to energize sales of the 2012 Volt plug-in hybrid with a new low-emission model, one that can be driven solo in California’s carpool lanes. Sales of the Volt have not met GM’s expectations and many experts have singled out the Volt’s high price (a base model starts at $39,995, before federal and state incentives), along with an investigation by the NHTSA into a series of post-accident battery fires, as the culprits. Production of the Volt was halted temporarily until the...Read Full Story

Surprise, Surprise: Government Motors Halts Production of the Chevy Volt

By alan8228 on  From moorecommonsense.com
Looks like the government mandated production of the Chevy Volt isn’t doing too well. General Motors has temporarily suspended production of its Volt electric car, the company announced Friday. GM, which is based in Detroit, announced to employees at one of its facilities that it was halting production of the beleaguered electric car for five weeks and temporarily laying off 1,300 employees. “We needed to maintain proper inventory and make sure that we continued to meet market demand...Read Full Story

Obama's Detroit Success Story

By Clay on  From bungalowbillscw.blogspot.com
During the 2012 campaign, you are going to hear Obama tout his Detroit success story. Obama will claim personal responsibility for making Detroit work again, but nothing could be farther from the truth.A central theme of the Obama administration has been green energy, and Obama's Detroit centers around the Chevy Volt--a car once promised to get over 200 miles per gallon. Of course it gets an mediocre 35 miles per gallon. The story revolves around how GM and the federal government worked...Read Full Story

GM to suspend production of Chevrolet Volt - 13abc Action News

By latestbusinessreport on  From latestbusinessreport.com
The GuardianGM to suspend production of Chevrolet Volt13abc Action NewsDALLAS (AP) - General Motors is suspending production of its Chevrolet Volt electric car for five weeks in hopes of reducing inventory to meet lower-than-expected demand. A GM spokesman said Friday that the company will shut down production of the Volt ...Chevy Volt: Why Isn't it Selling Well?Wall Street Journal (blog)GM Again Pauses Production of Chevy VoltNew York TimesGM stops building slow-selling Chevy Volts for 5...Read Full Story

GM to Suspend Chevy Volt Production for Five Weeks, Cites Soft Demand - DailyTech

By latestbusinessreport on  From latestbusinessreport.com
DailyTechGM to Suspend Chevy Volt Production for Five Weeks, Cites Soft DemandDailyTechIt appears that General Motors just can't catch a break with the Chevrolet Volt. The vehicle is capable of driving around 35 miles on battery power alone, but can also fallback to its gasoline engine/generator to travel up to an additional 372 miles ...Hybrid technology: Plug-in for creditsPoughkeepsie JournalGM Halts Production of Chevy Volt and Lays Off 1300 WorkersSunshine State NewsGM to Idle Chevy Volt...Read Full Story

High price soured Chevy Volt sales - WKBT La Crosse

By latestbusinessreport on  From latestbusinessreport.com
CBC.caHigh price soured Chevy Volt salesWKBT La CrosseDespite winning a trophy case worth of awards -- including Motor Trend Car of the Year and North American Car of the Year -- the Chevrolet Volt plug-in car has failed to meet GM's sales expectations. The problem is simple: The car's price is simply too ...Volt and Ampera Win European Car Of The YearHybrid Cars NewsGM to Idle Chevy Volt Output as Sales SlowWall Street JournalGM Will Stop Making Volt Plug-in for 5 WeeksBusinessWeekDaily...Read Full Story
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