May 19, 2011

CAN'T KEEP UP WITH DEMAND:

GM to boost Volt production (Peter Valdes-Dapena, , 5/19/11, CNNMoney)

General Motors is preparing to greatly increase production of the Chevrolet Volt as it prepares to begin selling the Detroit-made plug-in hybrid across the United States as well as in China and Europe. [...]

Volt sales have so far been limited by GM's ability to produce the cars. The automaker has been selling around 500 a month since production began in November. Production capacity will increase to 16,000 units a year, including exports, following the upgrades. In 2012, GM said, production capacity is expected to rise to 60,000 vehicles globally with an estimated 45,000 going to the United States.

The Volt is an electrically driven plug-in car that uses a gasoline engine to generate power for driving farther than about 35 miles. The car has won numerous awards in the United States, including Motor Trend Car of the Year and North American Car of The Year.

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Posted by at May 19, 2011 5:02 PM
  

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