GM Restarts Volt Production; Output Now 3 Times Initial Rate; Only 100 @ Dealers

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Thread: GM Restarts Volt Production; Output Now 3 Times Initial Rate; Only 100 @ Dealers

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    News Contributor Premium Member Perian's Avatar
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    GM Restarts Volt Production; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    GM Restarts Volt Production
    Detroit News

    David Shepardson/ Detroit News Washington Bureau
    July 18, 2011


    General Motors Co. said today it had restarted production of its extended range electric Chevrolet Volt earlier this week.

    After about a month of halted production, GM's Detroit-Hamtramck Assembly plant has begun production of its 2012 Volt, said Rob Peterson, a GM spokesman.

    The plant is now producing 2012 Volt models at about three times the rate of earlier production, he said.

    There are fewer than 100 2011 Volts on dealer lots, and only 1 in 9 Chevrolet dealers that sells the Volt has one for sale, he said.

    In an interview in June with The Detroit News, GM chairman and CEO Dan Akerson said the company would meet its production goals of 10,000 U.S. sales this year and 5,000 foreign sales. Nissan has said it plans to sell just over 10,000 Leafs this year

    Last month, GM said it is dropping the base price of the Volt by $1,000 and offering new option packages, colors and sporty wheels as it rolls out the vehicle in all 50 states.

    GM said the 2012 base model Volt will cost $39,995, which includes an $850 destination freight charge but excludes tax, title and license fees. The 2011 Volt started at $41,000.

    The 2012 base model Volt won't have Bose speakers or a navigation system.

    GM also offered a $349 lease price for the 2011 Volt, but hasn't yet decided on a lease price for the 2012 model, Peterson said.

    ---------------------
    Full article at link.
    Last edited by Titanic; 07-20-2011 at 06:46 AM. Reason: Format

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    News Contributor Premium Member Perian's Avatar
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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    Remember this when July sales figures hit.

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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    GM also offered a $349 lease price for the 2011 Volt, but hasn't yet decided on a lease price for the 2012 model, Peterson said.
    This is new.

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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    Quote Originally Posted by Perian View Post
    Remember this when July sales figures hit.
    Yea right... there will still be people at the end of July saying OMGZ what is wrong with the Volt...

    Will be very interesting to see how the Volt sells when you can get it anywhere and it has decent supply, I hope it does well for GM.
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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    This is great news! I can hardly wait for the Volt to get to Ohio. Leasing one for my practice will be a no-brainer, given the amount I have to drive for work. I hope they keep the $349 monthly lease, they would have to if they are planning to sell to businesses.

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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    They just raised the price of the Leaf, so now it's time to see which one is ready to do battle in the sub 40k segment...
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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    I wonder what the specifics of the leases are? I would be tempted on a $349 lease with a relatively low down payment and at least 10,500 miles per year. The gas savings would definitely offset the electric increases.

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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    Pretty sure that is very near the terms of the current Volt lease. Might even be 12k.
    The 350 a month deal with 2800 down I believe? Very good deal...
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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    They de-contented the vehicle and knocked a whopping $ 5 off the sticker. Geeezzz.

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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    This is great news! I can hardly wait for the Volt to get to Ohio. Leasing one for my practice will be a no-brainer, given the amount I have to drive for work. I hope they keep the $349 monthly lease, they would have to if they are planning to sell to businesses.
    Thats the problem, not that I am in the market, but why the hell is taking so long for this car to be at every Chevrolet dealer in the US? I have not even seen a Volt on the street and I live in Miami, a major metro area, is this GM or Tesla? There should be a stock of 3 of these at every Chevrolet dealer in the US period, whats the excuse?

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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    Quote Originally Posted by Perian View Post
    GM said the 2012 base model Volt will cost $39,995, which includes an $850 destination freight charge but excludes tax, title and license fees. The 2011 Volt started at $41,000.
    Quote Originally Posted by AirCleaner View Post
    They de-contented the vehicle and knocked a whopping $ 5 off the sticker. Geeezzz.
    Math was not your strongest subject I take it?

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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    They lowered the base price, but a 2012 Volt equipped the same as a 2011 Volt will cost more.

    There is one for sale (yes, I inquired) at the local Chevy dealer here, has been out front for weeks...still sitting there (no dealer markup either). You would think with the "demand" for these this one would have been sold a long time ago.
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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    Quote Originally Posted by ne_one View Post
    This is new.
    Nope, they have had that lease since the Volt was first available for public sale.


    Quote Originally Posted by AirCleaner View Post
    They de-contented the vehicle and knocked a whopping $ 5 off the sticker. Geeezzz.
    Better check your calculator (hint: $41,000 - $39,995 = $1,005) ...

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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    now that leaf price has increased things just got more interesting. $4k isnt a lot of money when you're already spending over $35k. Volt looks better and has more capability for less than 5 grand more. Not too bad.

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    Re: GM RESTARTS VOLT PRODUCTION; Output Now 3 Times Initial Rate; Only 100 @ Dealers

    There is a black Volt at a house that I drive by regularly. I love it. Everytime I drive by, I get this feeling that I must have one haha.
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