GM sells 1,760 Volts in June, double from 2011
By David Shepardson
The Detroit News
General Motors Co. says it sold 1,760 plug-in hybrid Chevrolet Volt vehicles in June, double its sales of June 2011.
In the first half of 2012, GM sold 8,817 Volts, more than triple the 2,745 it sold in the same period last year. It already has topped Volt sales for all of 2011, which were about 7,600.
Volt sales have been boosted by California’s decision to grant solo Volt drivers access to carpool lanes. GM spokesman Jim Cain said 1 in 5 Volts are sold in the Golden State.
June sales were up over the 1,680 Volts sold in May.
GM had 5,300 Volts in stock at the end of June, an 82-day supply.
GM has been sharply outselling its Japanese rival, the all-electric Nissan Leaf, by more than 3 to 1. It did so again in June.
The Detroit-based automaker has abandoned its 2012 U.S. sales forecast of 45,000, saying it would instead match supply to meet demand.
GM has been forced to idle the Detroit-Hamtramck Assembly Plant for two stretches this year because of low demand.
From The Detroit News: https://www.detroitnews.com/article/20120704/AUTO0103/207040345#ixzz1zntSkWEs
GM sold 114,899 SUVs in June 2012
……including:
……………22,402 classified as “large” SUVs
……and…12,488 classified as “luxury” SUVs
GM also sold 272,698 Crossovers in June 2012
So, GM lost twice as much money on Volts this year over last year in the month of June.
GM lost $72 Million in June 2012 on Volt sales ($72,160,000)
instead of losing $36 Million in June Last Year
… and for those keeping track
GM lost $361 Million in the first half of 2012 on Volt sales
as opposed to losing $112.5 Milion on the Volt in the first half of 2011
Volts cost $81,000 per unit to build.
Volts Sticker for $39,995
GM is losing $41,000 on each car sold
Way to Go GM !!
Thank God we bailed them out.
Your Tax money at work