Thousands of Unwanted Chevy Volts Sit Unsold

Under capitalism, companies produce the products that people want. Under corporatism (formerly known as “fascism,” before that word was redefined to mean “anything liberals don’t like”), companies produce the products they are arm-twisted into producing by ideologically driven government thugs. The latter is less economically efficient, as the Regime of Hope & Change keeps proving:

Production of the second-generation Chevrolet Volt is set to commence this summer, with the first cars going to customers sometime in the fourth quarter of this year. But before Chevrolet can concentrate on selling the all-new version of the plug-in hybrid EV, it needs to find a way to move the overstock of first-gen models currently sitting on dealer lots.

According to The Detroit Free Press, Chevy dealers had about 6,000 2015 Volts on their lots at the end of April, more than twice the amount of Volts the automaker sold in the first four months of 2015.

All this unsold inventory probably means that the amount Government Motors loses on each Volt produced will climb even higher — and it has already been high…

  • Brett_McS

    A sure sign here that a model is not doing well is when it starts being over-represented in hire cars and taxi fleets – discount, bulk buyers. And that is indeed the situation with Prii and Camry hybrids.

    • El Martyachi

      … assuming there isn’t a distortion present (i.e green rebate) incentivizing said purchases.

  • Alain

    Economics, practicality and consumer demand are never taken into account by the agenda-driven fascists, in this case eco-fascists. After all it is never their own money at risk. When you government behaving this way, it is a form of communist central planning which always fails.

    • dance…dancetotheradio

      They never account for winter, either.

  • I’ll take one for free plz

  • Petrilla

    Who in the hell ever wanted them anyway? When Costco and walmart removed their charging stations two years ago, we all knew. And stayed away.

  • Petrilla

    I am sorry I said that. If you gave me a free Chevy Volt, I might take it. Understand I said FREE and we all know what we get for free,right?

  • simus1

    You would think all the rich enviro rent seekers would be gifting all their less flush relatives with so many of these clown cars that dealers would have no stock left.

  • mauser 98

    what happened to peak oil?
    sorta like global warming

    • BillyHW

      It just keeps peaking and peaking…

      • mauser 98

        recent Australia oil find bigger than Saudi reserves

  • Clink9

    What a lump of crap. My last three GM’s have been clunkers.

    • oldguy

      Once you buy a Japanese or South Korean car you will never go back to an American car again.

      • simus1

        There is a US IRA tax loophole that provides the self employed who buy SUVs with a real windfall. That also enabled huge profits for the car makers and led to them ignoring car quality.