22 October 2012 0 Comments

General Motors – Government As Venture Capitalist – Volt Discontinued

‘Automotive News, citing unnamed sources, reports the Detroit-Hamtramck plant will suspend production from Sept. 17 until Oct. 15.

It would be the second interruption in production for the Volt, which can go 38 miles on battery power before needing a recharge from its gasoline engine or  a plug-in “recharge.”  Late Monday GM disputed published reports that the move is prompted by a lack of  Volt sales. GM sold 10,666 Volts through July, way up from the 2,870 sold during the same period a year earlier.’

READ MORE GM suspending Chevy Volt output, retooling for Impala 27 August 2012

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