GM to Suspend Production of Volt for Five Weeks
According to media reports, General Motors (GM) is planning to halt production of its Volt hybrid for five weeks because of slow sales amid an effort to boost the vehicle's consumer appeal.
Rather than offering the cars at a discount, GM will cease making the Volts at its Detroit-Hamtramck assembly plant from March 19 until April 23, according to Chris Lee, a company spokesman. The factory had ramped up to full-speed production Feb. 6 after the New Year’s shutdown. "This move is to keep proper inventory levels," Lee said in a March 2nd e-mail.
Launched last year with great fanfare, GM feels that the Volt’s slow sales have resulted in it becoming a lightening rod for critics of the Obama administration’s auto-industry bailout and support for alternative energy.
More news and information regarding the latest developments in Smart Grid electronics can be found at Darnell’s SmartGridElectronics.Net.