The Car No One Wants? Chevy Bolt Sales Fall Amid Production Ramp Up - Sales Goal Already In Jeopardy

The Car No One Wants? Chevy Bolt Sales Fall Amid Production Ramp Up - Sales Goal Already In Jeopardy

GM’s Chevy Bolt EV sales went down in February in the middle of its production ramp up and now we learn that they have stayed at the same level, 978 units, in March, according to GM’s delivery report today.

While it’s not uncommon to see delays during a production ramp up, we are now 4 months into the start of production and GM has been expanding the Chevy Bolt EV’s market without more inventory.

During the first quarter 2017, GM expanded the market for the Bolt from just California and Oregon by adding Massachusetts, Maryland, and Virginia in February and even New York and New Jersey in March.
 

 


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jeffgalljeffgall - 4/4/2017 5:28:16 PM
0 Boost
Title is misleading. This is not a customer demand issue. It is a production and supply issue that is not keeping up with demand.


Tiberius1701ATiberius1701A - 4/4/2017 5:29:13 PM
+4 Boost
Is this supposed to be some sort of surprise?



MDarringerMDarringer - 4/4/2017 7:37:13 PM
+4 Boost
It's a very expensive "Sonic" hatchback and that is the issue. For its price, it looks like a car costing less than half as much. If GM had done it as a small crossover and marketed it as a Buick Electra, the price might have been more palatable.


MrEEMrEE - 4/4/2017 7:46:10 PM
+4 Boost
If the discounting is 5000+, it is clear demand is not there.


MDarringerMDarringer - 4/4/2017 7:52:11 PM
+2 Boost
Bingo.


TomMTomM - 4/4/2017 7:58:31 PM
0 Boost
If you actually read the article- what it says is that production has failed to keep up with demand. So - whoever wrote that title - just as Jeffgall said - is misleading the group - and should be FLOOGED.

While I do agree that the Bolt does not LOOK like it should - I believe that the "sales" in that price range are tied up in model 3 deposits right now. Much depends on how those sales eventually enfold. Of course - GM might also come out with other EVs as well too.


MDarringerMDarringer - 4/4/2017 11:33:40 PM
+2 Boost
@TomM, but it still is most decidedly heavily discounted.


TomMTomM - 4/5/2017 8:19:25 AM
0 Boost
In some California Dealerships - they show large discounts - but not so in others Matt. The problem will be - as in all EVs - making it relevant in a market where it might have a great interior advantage (THe Bolt is actually larger inside than Model S) - but it is clearly an entry level vehicle - and it will have to float in price for a while - especially based on Trump cutting up the EPA along with still historically low gasoline prices.

Until an EV has a clear advantage over its gasoline competition - as TESLA does with Styling - they simply do not appeal to the "entry level" customer that the segment needs. I still believe it will take 15-20 years for that to truly happen without government intervention - and EVEN THEN - there will still be those who prefer ICE cars - and those that still cannot afford a new car.

Remember Matt - ALL EVs are heavily discounted - if there was not a clear Tax credit available - none of them would sell to any great numbers.It will be until that program reaches its limits or Trump drops it (Which is likely) - that we will know what the public is willing to pay for an EV.

And by then - ALL major manufacturers will have cars to compete with - it will be so within 3-5 years.


MrEEMrEE - 4/4/2017 10:12:22 PM
+2 Boost
Follow the article link about the discounting which presents the inventory available and related discounting. Though it would not be a surprise GM is having difficulties, even if it was figuring out where there is demand.


nguyenvuminhnguyenvuminh - 4/5/2017 12:45:31 AM
0 Boost
Misleading title ?@?$?#? Hmmmm, now who would do such a thing? 009, you miss your calling. Fox News has some openings.


TruthyTruthy - 4/5/2017 8:24:08 AM
-1 Boost
Autospies will print anything that bashes GM and is a fanboy for anything BMW. If you read other sources the "discounts" idea came from one dealer in LA advertising discounts which was really promoting the tax incentives.
This is a great car, looks like a small crossover and is great to drive. Why bash it?


MDarringerMDarringer - 4/5/2017 8:45:43 AM
+2 Boost
Because it's not selling anywhere near projection? I know a place where 6 are on the lot with no takers for example. In fact, no one's even looking a them. Making it look like a Spark/Sonic competitor for double the cost was not the most brilliant move.


MrEEMrEE - 4/5/2017 6:14:50 PM
+2 Boost
I doubt anyone on the Tesla wait list is opting for the Bolt.


skytopskytop - 4/6/2017 9:54:13 AM
+1 Boost
I remember when Chevy had similar problem selling the Volt. Between the GM discount and Federal tax credit, Bolt can be purchased about $10K under sticker now. Of course, that does not include the glasses the buyer will require to correct eye damage from looking at the Bolt.


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