Falling Gas Prices Cause Volt Sales To Plummet 32% In October

General Motors Co. said Friday that Chevrolet Volt sales fell 32 percent in October in the face of falling gas prices.

The Detroit automaker said Volt sales fell to 2,022, down from 2,961 in October 2012. For the year, U.S. Volt sales are now down 2.7 percent to 18,782.

At the same time, Nissan Motor Co.’s all-electric Leaf sales were up 27 percent in October to 2,002 and are up 167 percent for the year to 18,078.

"We are seeing sluggish sales of some plug-in hybrids such as the Ford C-Max — down 21 percent — and Chevy Volt — down 32 percent. The most likely culprit responsible for the decline is gas prices and enticing traditional gas-powered vehicles that achieve 40 mpg plus. With fuel prices expected to fall further, the auto industry will be watching carefully to see if the pattern continues,” said Edmunds.com senior analyst Michelle Krebs.


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Car4Life - 11/5/2013 1:24:50 PM

0 Boost

lets be honest...gas prices are not the only factor keeping this thing on dealer lots

MattDarringer - 11/5/2013 8:02:50 PM

-1 Boost

The Volt is a flaming disaster and the Cadillac Volt will be as well. It's a Cruze with batteries bolted in and worked over with an ugly stick.

amgs65 - 11/6/2013 5:25:26 PM

+1 Boost

You sure it has nothing to do with "$40k Chevy Sedan"?