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GM Increases Incentive for Chevrolet Volt


GM will increase incentives for the Chevrolet Volt to reduce inventory which has grown more than 4.5 months. Michelle Malcho, Chevrolet spokeswoman, said that the automaker has a 140-day supply of the Chevrolet Volt, which would be more than double the analysts would consider normal. Last week GM has started offering $4,000 off 2013 Volts and $5,000 off 2012 Volts, which ...
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GM Reports Volt Sales Down 4.3% in May for Third Straight Month
GM reported plug-in hybrid Chevrolet Volt sales down in May for the third consecutive month. GM said that sales of the Volt dropped 4.3% in May to 1,607 units, but increased ...
Tesla Model S Might Have Outsold the Chevrolet Volt and Nissan Leaf in April
Chevrolet says that its Volt was outsold by the Nissan Leaf in April and possibly by the Tesla Model S too. Sales of Chevrolet Volt dropped 11% in April compared with ...
GM to Cut Volt’s Production Cost by $10,000
GM plans to cut $10,000 from the Chevrolet Volt production costs to make the next plug-in hybrid generation profitable and affordable. “That’s our goal,” CEO Dan Akerson said yesterday in an ...
Nissan Leaf Sets Record Sales in March, Surpassing Chevrolet Volt
Nissan said that March was Leaf’s best sales month ever after it sold 2,236 units, surpassing CEO Carlos Ghosn forecast of 1,900 units for last month. This boost in sales was ...
Volt and Prius Surpassed the Leaf in 2012 Sales
Last year, GM’s Chevrolet Volt and Toyota’s Prius managed to outsell Nissan’s Leaf for the first time. Chevrolet managed to more than triple sales for its Volt to 30,090 units last ...
EVs, plug-in hybrids sales slowing in January
Electric vehicles and plug-in electric hybrids have had disappointing sales in January after poor 2012 sales. Although GM said sales of its plug-in hybrid Chevrolet Volt rose 89 percent to 1,140 ...
Sir Alex Ferguson gets free Chevy Volt
Manchester United’s coach, Sir Alex Ferguson, has recently received a brand new Chevrolet Volt for free, from the carmaker. Chevrolet has become a partner of the most popular football club in ...
November Sales for Volt Down Due to Inventory Issue
After Chevrolet Volt reported its best sales month in October, sales in November dropped. Last month Chevrolet’s Volt lost ground to the less expensive EVs, but it still managed to sell ...
GM increases speed of electric vehicle development in China
GM announced it is hastening the speed of its development of electric vehicles in China, where it will build and sell the Chevrolet Sail Springo EV. The new model will add ...

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