Posted: January-29-2012 at 9:17am | IP Logged
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Chevrolet Dealers Rejecting Electric Volt
The electric Chevrolet Volt has been touted by the Obama administration as a major step toward a green future of gas-free vehicles, but one key group is spurning the car: Chevrolet dealers.
“Dealer ordering is down,” acknowledged General Motors spokesman Rob Peterson, who said many dealers have been waiting for resolution of the National Highway Traffic Safety Administration’s probe into the risk of fires in the car’s battery pack. Three packs caught fire last year following government test crashes.
GM sold just 7,671 Volts in the United States last year, short of its 10,000-sales target.
A dealer in Clovis, Calif., Brett Hedrick, sold 10 Volts last year but in the past two months he turned down the six Volts allocated to him by GM. He told Automotive News that GM “thinking we need six more Volts is just crazy. We’ve never sold more than two in a month.”
Another dealer on the East Coast said he agreed to accept the five Volts that GM allocated to him this month even though he has seen a “huge drop-off” in customer interest.
“I probably should have taken only one,” he told the News.
The Insider Report disclosed three weeks ago that the Volt won the dubious distinction of being named one of the “Worst Product Flops of 2011” by Yahoo! Finance.
Commenting on the Yahoo! report, the National Legal and Policy Center stated: “The Obama administrations’ favorite car has had a rough time of late with sales goals not being met” and “media exposure of the high cost to taxpayers regarding Chevy Volt subsidies.”
“Considering all the money spent by GM to hype the vehicle, the Worst Flop award is well-deserved.”
Volt buyers receive a $7,500 subsidy from taxpayers.
(NewsMax.com)
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