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Join Date: Jul 2010
Chevy Volt Unlikely to Live Up to Sales Expectations
The Chevy Volt works as a car and as a green transportation solution, but as a business case it's less sound. Helped by massive tax incentives to make the $41,000 entry price a more attractive number to consumers, GM insists demand for the car is strong, repeatedly announcing new plans to up production numbers. That, however, may not be the case moving forward.
General Motors CEO Dan Akerson commented last week that he intends to sell 25,000 Volts this year, followed by 120,000 units in 2012 – double the originally forecasted and already optimistic number.
A recent look at the auto market by the analysts at TrueCar revealed that currently no car on the market priced at over $41,000 sells at a volume that high. There is, however, one truck that fits the bill, the Ford Super Duty.
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