Production of the
worst car ever Chevy Volt has been halted and no, it's not because the factory forgot to recharge the batteries. President Obama is going to be bummed "in five years" when Volts are unavailable for purchase.
General Motors has temporarily suspended production of its Volt electric car, the company announced Friday.
GM, which is based in Detroit, announced to employees at one of its facilities that it was halting production of the beleaguered electric car for five weeks and temporarily laying off 1,300 employees.
A GM spokesman told The Hill Friday production of the Volt would resume on April 23.
"We needed to maintain proper inventory and make sure that we continued to meet market demand," GM spokesman Chris Lee said in a telephone interview.
GM says this is a temporary suspension, but the bottom line is consumers just don't want to buy Chevy Volts now and they won't want to buy them in the future either. In 2011, Chevy sold a grand total of 3,895 Volts to customers. That's only 2,595 more than the 1,300 employees who once worked to built them.
General Motors has repeatedly claimed a sales target for 2011 of 10,000 units for the plug-in hybrid Chevy Volt sedan. But, nine months into the year, they’ve only shipped 3,895 off the lot. In fact, in September sales numbers, released an hour ago, GM sold only 723 Volts. Will GM fail to meet its own sales predictions?