GM wants to double the 2012 production capacity for the Chevrolet Volt

Article by Christian A., on January 24, 2011

Sources said that General Motors Co. seeks to double the 2012 production capacity for the Chevrolet Volt to 120,000 as it aims to boost the plug-in hybrid's sales.

Earlier this month, GM CEO Dan Akerson said that Volt output this year may increase to 25,000 from the initial plan of 10,000. GM is presently working with suppliers to increase 2012 capacity from an earlier target of 60,000.

These sources also said that if the parts aren’t available or if demand isn't that high, the company may not boost its production up to that many.

Akerson, who became CEO in September, seeks to sell more of the $41,000 Volt and is pushing to use its Voltec gasoline- electric drive system for models sold by other GM brands. Akerson said that he prefers that GM will have more fuel-efficient models prepared for a possible increase in oil prices to $120 a barrel.

On Jan. 11, Akerson told analysts at Deutsche Bank's Auto Industry Conference in Detroit that it wants to keep its sharp focus on technology. He said that it doesn’t want what happened in 2008 to be repeated.

It can be recalled that in 2008, crude oil increased to over $140 a barrel and average gasoline prices exceeded $4 a gallon. As a result, sales of trucks and cars with large engines plunged, contributing to GM's $30.9 billion loss that year.

Randy Fox, a GM spokesman, didn’t provide details about production plans. He also couldn’t say how many orders have been received for the Volt or how long the wait will be. [via autonews - sub. required]

If you liked the article, share on:

Comments

Recommended

It has been nearly eight years since Toyota entered a new era of sports cars when it officially unveiled the production version of the Toyota 86 – also known as...
by - February 27, 2019
The new Audi TT RS – yes, the top version of the German carmaker’s facelifted TT model series – is now officially here. If you could remember, the range-topping TT...
by - February 18, 2019
Nearly half a year ago when McLaren Automotive unveiled the McLaren 600LT Coupe, the British carmaker is now introducing a version that lets its passengers enjoy the thrill of an...
by - January 25, 2019
German carmaker Volkswagen is now making the latest evolution of the new Volkswagen Golf GTI -- the new Golf GTI TCR. First unveiled as a concept at the annual GTI...
by - January 24, 2019
It has been three and a half years since BMW unveiled the sixth generation of the BMW 7 Series. Thus, it is really about to give the 7 Series a...
by - January 17, 2019