Saturday, March 3, 2012

GM laying off 1300 due to low Volt sales

GM laying off 1300 due to low Volt sales

General Motors Co. announced the temporary suspension of Chevrolet Volt production and the layoffs of 1300 employees, as the company is cutting Volt manufacturing to meet lower-than-expected demand for the electric cars.

"Even with sales up in February over January, we are still seeking to align our production with demand," GM spokesman Chris Lee said. The car company had hoped to sell 45,000 Chevy Volts in America this year, according to the Detrot News, but has only sold about 1,626 over the first two months of 2012.

WASHINGTON EXAMINER

TONY DIGIROLAMO- PHOTO OF OBAMA IN A CHEVY VOLT! A MICHAEL DUKAKIS PHOTO OP ... PRECIOUS!

VIDEO:
OBAMA DRIVES THE VOLT 10 FEET GETS OUT TELLS REPORTERS DRIVES "PRETTY SMOOTH"


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