Wednesday, March 7, 2012
As a result, over a thousand workers were temporarily let go while GM delayed production of the Volt in order to adjust their inventory. The five week production halt is not a sign that GM is giving up on the Volt they maintain.
Chevy's compact Cruze offers 40mpg and costs half of what the Volt does currently and sales are booming. In addition, a new breed of "mild" or "micro" hybrids will cause people to pause before agreeing to buy the more expensive controversial Volt.
Car industry analysts are theorizing the public will consider getting milder cheaper versions of the Volt and Leaf if prices are lowered and safety is the top consideration.
More Chevy Volt talk at Washington Post.