C-MAX Hybrid Guide Posted January 27, 2012 Report Share Posted January 27, 2012 GM’s flop in green NY Post / Patrick Michaels At the Detroit Auto Show this week, CEO Dan Akerson admitted that General Motors may have to cut back production of the Chevrolet Volt because the 4,600-plus Volts on the market now are about three times the monthly sales. Other figures put the GM hybrid car’s inventory at an outrageous 120-plus days. By most accounts, “Government Motors” has stuck with the Volt mainly to please the Obama administration, which still owns a third of its stock in the wake of the 2009 government “rescue” of the company. But just how badly is the effort faring? Well, consider the 1,529 sold in December. READ MORE HERE Quote Link to comment Share on other sites More sharing options...
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