GM misses Chevy Volt sales goal in 2011, Jan. 2012 also sluggish

Revenue of the Chevrolet Volt dropped sharply in January with GM only promoting 603 units. Blame for the drop in sales goes to the damaging publicity the Volt has received from a government safety investigation.
January 2012 turned out to be the worst month for the Volt considering that August, exactly where it was only delivered to 302 clients. During the fourth quarter of 2011, GM averaged month-to-month sales of one,259 units.
Verify out more news on the Chevrolet Volt.
GM executives say that they are unable to gauge the demand for the Chevrolet Volt until finally Might or June due to the availability staying tight and some dealers still receiving their 1st batch.
In 2011, a complete of 7,671 Volts had been sold, way brief of GM’s 10,000 goal.
Refresher: The 2012 Chevrolet Volt is powered by 16-kWh, ‘T’-shaped lithium-ion battery that powers the electric drive unit, which permits it to drive 40 miles on battery power alone. The method puts out 149-hp and a optimum torque of 273 lb-ft, making it possible for the Volt to go from -60 mph in about 9 seconds, hitting a top speed of a hundred mph. The battery can be re-charged by plugging into a home outlet and takes four hours to recharge on 240 volts, and about 10-12 hrs on a standard 120-volt outlet. The Chevrolet Volt also carries an 84-hp one.four 4-clyinder engine that enables the 5-door, FWD sedan to travel additional miles while averaging a fuel-economy of 50 mpg. A fully charged battery and full tank of gasoline will enable the Volt to travel 379 miles. The 2012 Chevrolet Volt gets an EPA estimated 93 miles per ’gallon-equivalent’ when driving underneath electrical energy only, 37 mpg when in gasoline mode and more than the extended expression it is estimated to get 60 miles per gallon in combined gasoline-powered and electric-powered driving. Charges for the 2012 Chevrolet Volt begin at $ 39,995 but with a complete federal revenue tax credit (which array from $ to $ 7,500), the Volt can cost a complete of $ 32,495.
Supply: AutoNews
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