Admit it….we all knew this was coming. It was just a matter of time. It’s also important to note that this suspension will result in 1300 layoffs. I wonder if Obama will blame that on President Bush as well…
It appears that General Motors just can’t catch a break with the Chevrolet Volt. The vehicle is capable of driving around 35 miles on battery power alone, but can also fallback to its gasoline engine/generator to travel up to an additional 372 miles (something that can’t be said for pure electric vehicles like the Ford Focus Electric or Nissan Leaf).
However, positive news for the Volt started to trickle out over the past few weeks. Production was restarted on February 6 after a holiday hiatus, and the Volt outsold the Nissan Leaf by a 2-to-1 margin in February with sales of 1,023 units versus 478. But even those bright spots aren’t enough to overcome the blunt reality: Americans just aren’t [currently] interested in electric vehicles.
Read the full story here…
(Note….my favorite line in the story is at the end…Obama says he’ll buy a Volt when he gets out of office…oh brother!)
Ok, I was wrong about GW Bush being blamed for this. General Motors (aka Government Motors) is blaming the MEDIA! Check this out: