Nobody wants Chevy’s $35,000 electric Volt, even with subsidies. You’ve got to wonder how Tesla’s $35,000 Model S will do. From Tyler Durden at zerohedge.com:
General Motors launched it’s much-hyped, all electric Chevy Bolt at the end of 2016. The Bolt was expected to make a splash as it was the first electric car in the U.S. market to offer 200 miles of driving range at an affordable price starting around $35,000. The only problem is that pretty much no one seems to want one.
Unfortunately, that lack of demand is about to earn a bunch of UAW workers at GM’s Orion, Michigan plant an extended summer vacation.
As AOL Finance points out today, GM has managed to sell just over 7,500 Chevy Bolts through the first six months of 2017. Moreover, since dealers are sitting on about 111 days worth of inventory, we’re going to go…
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