Chevy Forced To Extend Shutdown Of Bolt Plant After Realizing That Literally No One Wants A Bolt

[Skydrol]

General Motors launched it's much-hyped, all electric Chevy Bolt at the end of 2016. The Bolt was expected to make a splash as it was the first electric car in the U.S. market to offer 200 miles of driving range at an affordable price starting around $35,000. The only problem is that pretty much no one seems to want one.

Unfortunately, that lack of demand is about to earn a bunch of UAW workers at GM's Orion, Michigan plant an extended summer vacation.

As AOL Finance points out today, GM has managed to sell just over 7,500 Chevy Bolts through the first six months of 2017. Moreover, since dealers are sitting on about 111 days worth of inventory, we're going to go out on a limb and say the Bolt launch slightly underperformed expectations. All of which has resulted in GM's decision to extend the shutdown currently in effect at it's Orion plant for just a little while longer.

http://www.zerohedge.com/news/2017-...t-after-realizing-literally-no-one-wants-bolt

 

[dgp]

Here is an idea, put the Chev SS into production, people seem to want them. Fucken idiot suits.

 

[Skydrol]

Electric cars are not that bad but they have 1 big issue. That problem is that is expensive to build. However... everybody wonder, why Elon Musk still manufacturing the Tesla? Is considered a luxury vehicle. Well, is not really a luxury vehicle, is an expensive mid range vehicle pitched as a luxury vehicle. On top of that, it recieves all sorts of Gov Co hidden help. Tax breaks, Grants and Tesla sells Carbon Credits because the car is "0" emissions (wink-wink, nudge-nudge).

When a manufacturer attempt to build one, out of their own pocket, you will see vehicles like the Bolt and the Nissan LEAF; and still expensive. You can buy a nicely equiped Chevy Colorado with a 7,000 Lbs towing capacity, 3.6 V6, 8 Speed Automatic and Z82 Towing Package for under $30,000 USD. A Bolt for low 30s... does not take much time to take a choice.

So I am not surprised that GM dropped it.