Whoops! Just three days later, GM announced that it would suspend Volt production for five weeks this spring, idling 1,300 workers at a Hamtramck, Mich., factory.
Alas, Obama’s endorsements notwithstanding, there’s not much of a market for this little bitty car, at least not at the price of almost $32,000 — after a $7,500 federal tax rebate.
GM fell 2,300 units short of its sales target (10,000) for 2011. It is not on pace to hit 2012’s goal of 45,000 units.
So much for Obama’s goal of 1 million all-electrics and plug-ins on the road by 2015.
Read on at: Washingtonpost
Haase Comment: This article is a little harsh and critical ... Like me, I think Obama wanted a viable alternative fueled vehicle and hoped investing BILLION$ in GM would return something promising... well, I am genuinely disappointed by GM's failure to produce a car that working families can afford to purchase, "maintain", charge and run with something other than another fossil fuel - Yes the VOLT is oil and coal powered and a black mark on our future.
At the turn of the century most cars were electric, over 100 years later we are failing a dent in the market- FAIL
