The dreaded Obama kiss of death strikes again. Just this week the head of Government Motors declared he’d be driving this piece of junk when he leaves the White House, hopefully 10 months from now. Sure enough, as soon as he utters the words, GM announces they’re halting production on the firetraps, for now.
General Motors has told 1,300 employees at its Detroit Hamtramck that they will be temporarily laid off for five weeks as the company halts production of the Chevrolet Volt and its European counterpart, the Opel Ampera.
“Even with sales up in February over January, we are still seeking to align our production with demand,” said GM spokesman Chris Lee.
Lee said employees were told Thursday that production would put on hold from March 19 to April 23.
Nice spin there, Chris. Sales were up? Really?
General Motors sold 1023 Chevrolet Volts in February of 2012, but production figures totaled 2,347 units. Uh oh.
As we all know, GM originally targeted 45,000 units sold in the United States this year. GM only sold 603 in January and just restarted product a few days ago – the discrepancy between production and sales has long been documented at TTAC, and even my second-grader math skills can figure out that sales of the Volt are a long way off from their initial targets.
Obama has way too much invested in this to admit it’s a failure, even though everyone can see it. Really bright guy.