Chevy Accelerates Volt Rollout
The plan is to expand the current sales market (Washington D.C., California, New York, New Jersey, Connecticut and Texas) to include Michigan, Virginia, Maryland, Delaware, Pennsylvania, North Carolina, South Carolina, Georgia, Florida, Oregon, Washington and Hawaii by the third quarter. The remaining 33 states will get Volt inventory in the fourth quarter of this year. An early expansion into new markets could also be a sign that the Volt isn’t meeting sales expectations in the initial target markets. I’m not saying that’s the case, since the only sales data available on the Volt are December numbers, which include initial deliveries only. We’ll need to see how the car sells in Q1 to know if it’s meeting Chevy’s expectations.
Volt production could be an issue if sales do take off. Initially, Chevy said they could build 10,000 Volts in 2011, which may not be enough to meet a 50 state demand. They’re trying to ramp up production to 25,000 units for 2011, but they’re at the mercy of suppliers such as battery cell maker LG Chem. A wait list for the Volt would certainly be good press for Chevy, even if it is an inconvenience for buyers.
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