General Motors Idles the Volt
Starting in December, General Motors plans to idle Chevrolet Volt production in hopes of matching consumer demand with supply. Although sales have increased for the vehicle in the past year, the company's sales are still far below GM's original expectations. The Volt is more expensive than hybrids, and with an electric range of just 38 miles (though the total range is around 379 miles), it's tough to justify the higher price tag. In the following video, industrials editor Brendan Byrnes talks the electric-vehicle landscape and its winners and losers.
The article General Motors Idles the Volt originally appeared on Fool.com.Andrew Tonner and The Motley Fool have no positions in the stocks mentioned above. Brendan Byrnes owns shares of General Motors. Motley Fool newsletter services recommend General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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