Saturday, April 07, 2012

GM cuts week from Chevy Volt production shutdown in wake of record sales

GM cuts week from Chevy Volt production shutdown in wake of record sales | MLive.com
DETROIT- General Motors Co. will reportedly recharge Chevrolet Volt production a week earlier than expected.
According to the Detroit Free Press, GM will resume production of the extended-range vehicle April 16 after a four-week shutdown, instead of the previously announced five-week shuttering.
The news comes in wake of GM reporting Volt sales of 2,289 units in March, the vehicle’s best performance since being launched in December 2011.
In March, the Detroit-based automaker said it planned to temporarily shutter and lay off 1,300 workers at its Detroit-Hamtramck Assembly in an attempt to meet production with demand, which has been less than enthusiastic in wake of a federal investigation and political scrutiny.
GM sold 7,671 Volts in 2011, well below GM CEO Dan Akerson's announced target of 10,000. However, Akerson thjis week told Bloomberg News that sales could reach at least 3,000 Volts a month sooner than later.
The Volt, which can travel about 35 miles on battery power before a small gasoline engine generates power to run the car's electric motor, has a base price of about $40,000 before an up to $7,500 tax credit from the U.S. government

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