Friday, March 02, 2012

GM Halts Production of Volt

Well, what do we have here?  I thought everything was going so well for the Chevy Volt.  At least, that message was conveyed in its most recent television advertisement.  In that commercial, the narrator says, "This isn’t just the car we wanted to build.  This is the car America had to build.”  The only problem is that the demand was so weak, in spite of GE buying 12,000 of them in January, that GM has decided to cease production for five weeks and 1,300 employees were given the "pink slips."  We may have seen the end of this so-called infamous green car.  This is the car that GM's CEO Daniel Akerson testified before Congress in January in which he said, "We engineered the Volt to be a technological wonder."

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