chris1howell
Well-known member
http://bottomline.msnbc.msn.com/_ne...lt-production-halted-1300-workers-out-of-work
Wow... too much supply
Wow... too much supply
chris1howell said:
Smidge204 said:Kinda knew this was coming when those stories came out a few weeks ago about dealers turning away deliveries. A shame really, as there's nothing wrong with the vehicle and it really would be a good fit for a lot of people's needs... Vertically Gifted Americans such as mitch672 notwithstanding (Or should that be notwithsitting?)
=Smidge=
mitch672 said:ROTFLOL! Nope, I am horizontally challenged
The Chevy Volt pipeline is overflowing. GM is sitting on 6,300 Volts which represents 154 days of inventory at current sales levels and that's no way to sell cars for a profit. As such, GM is shutting down production of the Volt for five weeks beginning on March 19.
From http://money.cnn.com/2012/03/02/autos/volt_production_stopped/index.htm" onclick="window.open(this.href);return false;:The Detroit automaker said Friday the second extended shutdown of the plant this year was to address the company's large supply of vehicles.
"We want to maintain the proper inventory levels," said GM spokesman Chris Lee.
...
The 3.6 million-square-foot plant — opened in 1985 — operates four days a week, 10 hours a day, on one shift employing 1,200 hourly and 130 salaried workers.
...
The Volt had just 37 fleet sales for the month, said Alan Batey, vice president of Chevrolet sales and service.
Current stock for the Volt is 3,596 units, including demos and what's in the dealer network, Batey said.
It's a bit odd that the supply numbers are so different between the articles.Still, GM (GM, Fortune 500) has more Volts sitting on dealer lots than it has buyers. GM had, in the past, said slow sales were the result of an insufficient supply of cars, not a lack of demand. Now, the carmaker is admitting that supply is no longer the problem.
"We have more than enough to meet our demand," GM spokeswoman Michelle Malcho said.
Don't fall for the headlines - media LOVE turning this nugget into more than it is. We have plenty of Volts built and available (even though some dealers may be empty) ... the last thing you want is a saturated market - that is old school way of running a car company. We now build to meet demand. Today we did a full court press to create even more demand! I personally did 40 tv and radio interviews announcing the incentives in CA. Demand will spike! And we'll have cars available. Volt is the most important car we've ever done - no way will we back off!
If you were going to error one way or the other which way would be best? You have to love where all the *EVs are sitting now with the gas prices and economy BOTH going up. These companies will be ready including Nissan's plant in TN. You don't think they are nervous about that with the 2012 sales figures so far.smkettner said:Another mark that shows poor management at GM. Just last year they spent money reconfiguring the line to increase production :roll: :shock:
Becky Anderson takes a ride around London to show how much fuel costs and an alternative fuel you can get plugged into.
scottf200 said:If you were going to error one way or the other which way would be best? You have to love where all the *EVs are sitting now with the gas prices and economy BOTH going up. These companies will be ready including Nissan's plant in TN. You don't think they are nervous about that with the 2012 sales figures so far.smkettner said:Another mark that shows poor management at GM. Just last year they spent money reconfiguring the line to increase production :roll: :shock:
I think non-USA sales for these cars may end up being more significant.
>$8 for gas in the UK.
http://www.cnn.com/video/?hpt=hp_t2#/video/world/2012/03/01/ctw-pkg-anderson-fuel-prices-in-uk-vs-us.cnn" onclick="window.open(this.href);return false;
Becky Anderson takes a ride around London to show how much fuel costs and an alternative fuel you can get plugged into.
smkettner said:Another mark that shows poor management at GM. Just last year they spent money reconfiguring the line to increase production :roll: :shock:
LEAF is sold worldwide. The rest of the world doesn't have a bunch of idiot sticks talking the EV down. Other countries learned in the 1970's it was time to get off gasoline for your transportation fuel. The LEAF will be built in TN and exported to countries who no longer want to be dictated to be OPEC.TomT said:Then the same could be said of Nissan, considering their projected TN production capacity versus the apparent demand...
smkettner said:Another mark that shows poor management at GM. Just last year they spent money reconfiguring the line to increase production :roll: :shock:
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