General Motors is sticking by its prediction that it will sell 10,000 electric/hybrid Chevy Volts by the end of the year. Only 5,000 had been through October, meaning GM has to double that amount in just the final two months of the year. Until now, Volt production seems to have been wildly outstripping actual sales. But GM CEO Dan Akerson says sales are "starting to hit the pace," some reporters claim the Volt is "hot," and the company has made a big show of allowing dealers to sell off their demo models, allegedly to supply the now-insatiable "customer demand."I'll go with door number three. Unless, combining the worst features of crony capitalist automotive bailouts and uneconomic green subsidies, the Obama Administration buys them. Or -- though unlikely -- all Chevy Volts are recalled as a fire hazard.
So where will all these Volts actually go? There seem to be three possibilities:1) Akerson is right. The Volt is a "home run" and they’ll all soon be in the hands of satisfied customers!
2) They’ll be recorded as "sold" even though they’re sitting unwanted on dealer lots. "Sold" in GM parlance means sold to a dealer, who then may or may not succeed in reselling the car to an actual paying customer.
3) They’ll be pushed out to corporate fleets, as big businesses seek to please the Obama administration by doing their part to help bailed-out GM unload this overpriced showpiece pioneer our nations’ green future. Call this the corporatist solution.
(via reader Warren)