Chevy Volt & Bolt Sales Estimates Low For February: Volt Production Ends

Chevy Volt

MAR 1 2019 BY WADE MALONE 80

Chevy Bolt EV sales are down slightly from last year.

Because General Motors no longer reports monthly sales reports in favor of Tesla-like quarterly reporting, InsideEVs’ monthly Chevy Bolt EV and Chevy Volt delivery numbers are estimates.

As has been the case since the beginning of time, Q1 EV deliveries are not much to get excited about. Especially coming off the yearly highs of Q4. In 2018, the Chevy Bolt and Volt gave solid but unremarkable sales performances. The Bolt seems to be continuing along that path but the Volt appears to be losing traction after inventory dropped to below 2,000 units for most of January and February.

In February, 2019 we estimate that Chevrolet sold 1225 Bolt EVs and 615 Volts.

These estimates are down from the 1424 Bolt’s and 983 Volt’s that were moved last February. How 2019 shakes out from a sales perspective cannot be predicted based on Q1 sales. What we do know is that the Volt will suffer a severe drop in sales over the next few months.

The Volt began the month with only 1,700 units in inventory. A final production push increased inventories to about 2,300 over the past few weeks. But production of the popular plug-in has officially ended. There are not many examples left for buyers interested in the car.

The removal of the Volt from the lineup should leave room for the Bolt to improve sales this year. However, with GM’s reduction of the federal tax rate looming, the future performance of the Bolt is hard to predict as well.

The Detroit automaker would be smart to reduce pricing on the Bolt EV as Tesla has done for the Model 3. The 2020 or 2021 model year is also prime time for a mid-cycle update. Even a minor refresh of the interior and exterior could help breathe new life into a model that is stagnating. Not to mention the addition of features not found in the Bolt, but standard or, at least, available in competing models.

We also have learned that South Korea will again receive an extensive number of Bolt EVs this year. This will reduce the number of Bolts available to US buyers as it did last summer. But thankfully, production has been increased on the Bolt, so inventory drops should not be as severe as they were in 2018.

CHEVY BOLT

Chevrolet Bolt EVs - finding more US driveways every month!
29 photos
The introduction (and US reception) of the Chevy Bolt EV has pulled forward GM's 200,000th sale by at least a year (now expected in Q2 2018) Chevrolet Bolt at the recent GM Official autocross event near Detroit. Chevrolet Bolt EV (wallpaper 2,560x) Chevrolet Bolt EV Chevrolet Bolt EV (wallpaper 2,560x) Chevrolet Bolt EV (wallpaper 2,560x) 2017 Chevrolet Bolt EV Chevrolet Bolt EV The best option overall is generally to drive at normal speed Chevrolet Bolt Chevrolet Bolt Chevrolet Bolt EV Interior Chevrolet Bolt EV:  Lots of useful room inside...and a fair about of standard finishes Bolt Interior Chevy Bolt Chevrolet Bolt EV - right-hand-drive?! Chevy Bolt rear seats The rear seating area offers plenty of room for passengers Inside the 2017 Chevrolet Bolt

Categories: Chevrolet

Tags: , , , , ,

Leave a Reply

80 Comments on "Chevy Volt & Bolt Sales Estimates Low For February: Volt Production Ends"

newest oldest most voted

What a pathetic effort by gm. In 2013 an average of almost 2000 volts per month were sold. Now 6 years later in the ev revolution less than 2000 bolt and volt combined sales. And volt is about to drop to zero. So gm has gone backwards in 6 years. Pathetic.

Give them a chance. You don’t turn around a super-tanker quickly. Link: https://www.gm.com/masthead-story/transforming-gm-for-the-future.html

You mean give them a second, or a third, or a fourth chance? Why? To squander it again?

A look at the next model off the Bolt platform, the new Buick Velite-6: http://www.burlappcar.com/2019/02/buick-velite-6.html

1) Does it have any additional rear seat room, and headroom, vs. the Volt.
2) Made in China, meaning there’s no reliability history for this car. High Risk Purchase. ( They could solve that by initially having good lease rates, that come from GM finance, not for a Dealer argument. )

You ain’t seen nothing yet. wait for the next month to see the sales of volt and bolt now that the 35k Model 3 is out. Just sayin’

I think the US taxpayers already did give them a chance. Meanwhile, Ford is busy with the appearance of making an all-electric F-150 some time before the end of Trump’s second term as President. Personally, I’d rather see Mike Pence finish out Trump’s first term, and GM and Ford release a BEV they are betting the company on, because right now, it looks like they are betting the company on the planet for the sake of profitability.

Well, since GM has never missed a chance to miss a chance in the EV space!

Hopefully GM will start pivoting rapidly towards mass electrification but their history indicates that everytime they say they are going to be bold they basically self-sabotage their efforts.

You know when they started with the Volt they were looking good. Every year they revised battery chemistry and increased range. Then they added the charge hold functionality and some other software tweaks. Second Gen Volt was a really nice improvement from Gen 1. They rolled out the Bolt to beat Tesla to the punch… Then just when you thought they had some vision and could execute, they stopped improving or refining the existing product. Other than a couple of paint color changes the 2016/2017 and 2019 Bolts are essentially the same.

I had never set foot in a GM dealership until 2012. I have one of every Chevy BEV/PEV and I have always liked the cars, but I think I am done with GM.

What? Wait. Huh?
Don’t you want to stick around until 2021 for the $80k Cadillac EV that GM has coming? It will have almost all of the capabilities of a $50k 2019 Tesla Model 3 AWD.

Yup, oh what could have been if they weren’t so timid. Tesla has proven that you have to jump in with both feet to be successful with EVs, Sandy Munro made the same claim when asked why the traditional automakers haven’t been successful, and it’s pretty simple when you think about it, none of them have been profitable because they don’t have adequate scale.

They don’t have adequate scale because they keep bringing vehicles to market that are not desirable enough to sell at the required volumes. We can debate if this was on purpose or not, but it’s clear that if you want to be successful with EVs you have to design vehicles at are not intended to be niche. Tesla is winning because they are creating a product designed to dominate it’s segment, not target a tiny niche.

GM has had the better part of decade now to build out the volume needed to be profitable but they never followed through and let what technical leadership they had built with the Volt and Bolt and pissed it away.

Spoken like a typical GM troll. Rome wasn’t built in a year.
If 5 years from now, GM’s top selling EV is selling less than 2k units a month, then you can crow.

A year?! The EV1 was announced in 1989, came out in 1996, the S10 EV in 1997.

What a tired old trope this EV-1 BS is! The only thing those early BEV experiments proved was, battery technology wasn’t good enough yet. GM and others were correct in canceling their production. The ONLY mistake GM made, was not allowing the EV-1 lease holders to buy those cars. That was a mistake and they have since admitted so.

You’re missing the point. GM has been working on modern inverter-driven EVs for a lot longer than bro’s year. And all they have to show for at this point is bro’s Bolt, made by LG.

GM also made moon rover in 1970’s, so what? Bolt is made by LG as much as Tesla is made by Panasonic. By your logic, all that Tesla has to show for after billions in investment is Panasonic car.

By my logic GM could have been all-electric by now, had plenty of time, was given plenty of “chances”. It chose not to. It is crazy that GM’s customers have had more trust in GM’s products than GM’s leadership.

GM made more EV than Tesla will ever make in million years. But people didn’t buy them, so most unsold were sent to car heaven.

By your logic, you want more GM EV to sit on dealer lots and taking up space (and costing money sitting) while people still only buy about 2000 per month. OTOH, Tesla has practically zero car sitting on lots, because they refuse to make enough to meet the demand. And you think GM isn’t making enough?

No, GM couldn’t be all EV by now. They operate in the real world, not your fantasy world. You miss two very important points.

1) GM is an established, publicly traded company. Their performance is evaluated every quarter. They are expected to be profitable every year. They can’t just do whatever the hell the want. There is no way they would have been allowed to go massively in the red for 10 years like Tesla did.

2) GM doesn’t have Elon Musk. Neither does anybody else. Elon Musk is the only reason Tesla survives to this day. If he never came along, Tesla would have died back in 2009 with a whimper and few would morn. Look around. How many Elon Musks are there in the world? Who else in your opinion could do what Elon has?

Mary Barra, Pam Fletcher, Bob Lutz, Andrew Farah, Tony Posawatz. They could and did, until they didn’t. It is not a matter of ability, it is a matter of will and leadership.

And you continue to ignore the fact that despite GM making billion times more EV than Tesla ever hope to make, people simply didn’t buy more than about 2000 per month.

Exaggerate much? GM is making a billion times more EV than Tesla will ever make??? Really???

” They operate in the real world, not your fantasy world.” This is a really interesting point, Basically you are saying that because they have to maximize their quarterly profits they had to NOT invest in the future. Imaging how much better off these companies would have been if they had provided guidance that said that they were shaving 0.1% of their quarterly profit off for investment in future products.

It is the Lift/Uber, Nividia, Google/Apple, Tesla/Nio, Panasonic/LG,… crowd that is likely to win big over Detroit’s demise, while necessary investment to this fiasco only boosted the bonuses of GM/Ford/Chrysler/FCA’s executives by a couple million dollars.

The Prius Hybrid solution has been on the market for 20 YEARS.
Does GM have anything out with a hybrid design?
They just killed the Volt.
They’ve got NOTHING.
This is the reality they’ve killed their most advanced cars, that’s what they do.

“Does GM have anything out with a hybrid design?

Yes, Chevy has the 46-mpg Malibu Hybrid.

https://fueleconomy.gov/m/m.do?action=vehicles&id=40842

I believe that is also being shelved, along with the rest of GM’s sedans.

Hey, speaking of trolls Brian, have you come to terms with Tesla releasing what you referred to as vaporware like, what 2 days ago?

Interesting point bro1999 – but GM in my opinion hasn’t had much enthusiasm for EV’s – regardless of what their Press Releases say.

People may criticize Tesla for making changes too fast – but there can be no doubt that Tesla wants to sell electric products.

I’m glad my BOLT ev has LG electricals in it since LG has made reliable products for decades.

I’m sure some LG electricals are also in my new 2019 Volt Premiere – I think the on-board charger is identical to the one used in the Bolt ev.

But here I feel GM has made a fatal decision in cancelling the VOLT. Many others here and elsewhere state what a fine product it is, some in fact have said it is the finest product they have ever owned. Of course there are those who state that only short-term profits matter.

If that is the case what about the $billions wasted on fuel cell technology with only a Steroided Colorado to show for it?

I am guessing that you believe GM is the root cause of all evil in the world.

Is the Volt for sale?

Nobody bought it…. Why was 2013 the best selling year? We all know that Gen 2 Volt is better than Gen 1 in every way, but buyers didn’t show up.

Did you buy one? If not, then maybe the problem is in the mirror.

Was that the year they were offering the $0 down $199/mo lease?

California.

Apparently, too much Kool-Aid isn’t good for you.

Too much flavor-aid is killing brain cells of these anti-GM trolls.

Yeah, just like Fox News did to your brain cells, right?

No, I watch CNN and MSNBC since Covington even though they talk more about D.. tRUMP than Fox. Leftwing media trying to squirm out by calling themselves untrustworthy is highly entertaining.

GM made 100 trillion Bolts in Jan, far more than Tesla will ever make in million years. But people only bought about 1500 of them, so GM had to send much of the rest to heaven. What do you want GM to do, kidnap Tesla buyers at gunpoint and force them to buy Bolt?

While it’s nice to write about the past, this article should have been about the blow-out sale GM is having on leftover Volts. GM is offering 18% off the list price…now is the time to buy a great hybrid. Here is an example: MSRP Standard Vehicle Price $37,570.00 Installed Options Total $2,480.00 Iridescent Pearl Tricoat $995.00 Jet Black/Jet Black, Leather-appointed seat trim $0.00 Chevrolet MyLink® with 8″ diagonal color touch screen and Navigation $495.00 Low Emissions Package (T-ZEV) No Charge Driver Confidence Package $495.00 Driver Confidence II Package $495.00 Destination Freight Charge $875.00 Total MSRP $40,925.00 Price Reduction Below MSRP -$1,426.00 Cash Allowance -$5,940.00 Price* $33,559 So, $33,559 – Full federal $7,500 and $1750 NYS incentive = $ 24,309.00 + tax and tags.

GM has offered 20% discounts on Volts (and other vehicles) before. If anything, the dwindling inventory combined with the clock on the full fed EV credit running out may actually inflate transaction prices a bit in the very near future.

I just went to a GM dealer website. There wasn’t any 18% discounts to be found anywhere.

well the dealer doesnt show it but Chevrolet website says 18% off selected 2018 models only.

I should point out that my wife bought a Bolt EV 2 weeks ago. We had to search like 10 dealerships in the area just to find one in stock. GM is not making enough to even fill demand in this area.

Cars.com shows 4,000 in inventory, which is historically very high.

The problem is most likely at the dealership level and not that GM isn’t producing enough; are you sure all ten of those dealers were even certified to sell Bolts? Fun little experiment, call a few dealers, ask them if you were to order a Bolt from them and ask how long would it take…

GM’s problem with the Bolt EV (and to a lesser extent, the Volt) is with distribution. They do have close to 4,000 Bolt EV’s in inventory, but a vast majority of them are in just a couple of states.

They are still losing money on those they sell in non-ZEV states, which is why there is a lack of motivation to sell thousands of Bolt EVs a month in those non-ZEV states. It’s not reasonable to ask a company to sell vehicles for a loss, so I have mixed feelings about it.

Are you in a CARB state?

Yes, what state?

OUCH… I would NOT want to be the staffer in charge of the Bolt EV at General Motors.

The Federal tax credit for the Chevrolet Bolt EV will be halved as from 1 April 2019. That will have some effect on the sales numbers of the Chevrolet Bolt EV in the US.

Dealers are discounting these by like $5000 in CA and GM Corp allows stackable incentives possibly allowing for $2000 off…They should at a minimum, make DCFC standard and lower the price to $34,995 for MY20…Yet I’d like to see a major refresh done with an interior upgrade, faster charging (including a more favorable taper) exterior styling updates and additional content and predict it gain ACC and a powerseat…

Yup. Bolt and $35K Tesla 3 will share the same amount of tax credit for one quarter. That will have massive negative effect on Bolt sales.

The Bolt hasn’t exactly capitalized on the incentive difference this quarter.

There’s really no way to capitalize when people don’t buy.

That’s my point. If the incentive difference was goibg to drive more sales it should show up in Q1 numbers. So far nothing.

And that was with a more expensive Model 3 on the market.

What are you doing, GM? Start including the tax credit in the leases to move some things while you still have that incentive! GM’s going to end with like 215,000 EVs sold using the full tax credit – a full 100,000 less than Tesla squeezed in.

They are including it…for some time now…they just need to be more aggressive on the msrp discounts.

They SOMEWHAT already do; not many understand that leases have many areas to make a lease attractive beyond just the “lease cash”…However I overall agree, lowest common denominator, proudly display at least $7500 in “lease cash”, then lower the residual and increase the money factor to make up for it…

(⌐■_■) Trollnonymous

RIP Volt.

That was a good product.

Indeed. The Volt was a great car that never got the attention that it deserved.

Given that the Federal Tax Credit is stepping down at the end of this month, I expect to see March more than compensate for the January and February sales numbers. After the step down, it’s anyone’s guess.

Except $35K Tesla 3 will steal the thunder. I don’t see many going for Bolt on special sale even when it’s about $7K less than Tesla 3 in March.

I don’t think so. They are fundamentally different vehicles (more complementary than competitive). If any vehicle is going to negatively affect Bolt EV sales, it would be the Kona Electric.

Also, when calculating costs, the Bolt EV will be an additional $3,750 cheaper than the Model 3 thanks to still having access to the full $7,500 Federal Tax Credit through March.

If you take $32K for Bolt on sale that includes destination, Bolt is about $7K cheaper in March. But I disagree they are not competitive. If Bolt wasn’t selling well when it was $15K cheaper than Tesla 3, they will be much worse with price gap narrowing.

I don’t understand what GM is doing here. Their credit is about to be halfed next month so why aren’t they more aggressive on the lease deals? They need to bag as many zev credits now before sales fall of a cliff in April.

$35K Tesla 3 cat’s out of the bag. I suspect the cliff diving has begun.

Actually, they are very far ahead in terms of the ZEV credits, but they aren’t ready to sell vehicles for a loss in non-ZEV states just yet. That’s why <20% of Bolt EV deliveries are going to non-ZEV states.

They don’t receive the $7,500. The buyer does.

They do receive it on leases.

The Bolt has fizzled out, the Volt has been discharged.
GM, despite claims to the contrary, is a follower, not a leader.

Yes. Completely fizzled. Hey, did anyone catch what the 2nd best selling BEV was in February behind the Model 3?

Bolt needs a equipment adjustment (make driver assist features standard) and $5k price cut across the board. Current package is not competitive anymore.

I agree. When I got my Bolt in late 17, I got over$4k off from GM and a bit more off to take the red one they had on the lot. I wasn’t looking for red, so wasn’t willing to pay extra for that. Now I kind of like it, but don’t tell the dealer. 😉 Especially with Tesla announcing their $35k Model 3, I think the Bolt needs to be priced under that, WITH a QC installed. Even then I don’t use mine often, I think those need to be standard. As for the driver assist features, I wouldn’t pay extra for them myself, but I agree that by now, that seems be be a standard. Also, did they fix the seats? If not, that needs to happen. I was able to add padding to mine and I’m happy with it now, but something like that shouldn’t be an owner add. 😉 Other than that, love my Bolt and hope GM (and others) keep selling these great cars!

I’ve been driving an EV for 2 years. It doesn’t have DCFC, and I’ve never needed it. It’s my commuter, not my road trip car. It’s great to give people options.

I don’t think driver assist should be standard. I didn’t want them, and many others wouldn’t want them either. I’d much rather see GM drop the MSRP on the LT to $33,000, make DCFC standard, and provide driver assist features as options (maybe standard on Premier).

The cancellation of the Volt is looking much wiser now that the Tesla Model 3 is available for $35K. There needs to be more PHEVs but not in the small sedan size.

I think GM did a great job with the Volt and Bolt, they are amazing cars. I am on my second Gen I Volt and hope to buy a Gen II soon. I’d love to buy a Bolt but they are still too expensive for me, even used. They are great cars, but the problem with GM is that they are really NOT motivated to sell the Bolt (or the Volt in the past) in large quantities because they are losing money on each one. They only want to sell enough to get the ZEV credits they need and appear to be part of the EV revolution whey they really aren’t. The only way they could sell them at a profit is to do what VW is doing, go all out on EVs even though it will reduce their profit from ICE cars. It doesn’t sound like they have the courage to go there yet. Now they are even taking a step backward and are hoping to make Cadillac their EV brand. Starting at the high end is the strategy that Tesla employed successfully, but that was six years ago. Tesla is now moving into the mass market and GM… Read more »

The top of the line Bolt is still $40,000.
At that price, for them to lose money, the Bolt battery has to be $20,000.
I cannot believe the battery is that expensive.

If you dump in all R&D cost into the project, then the Bolt will never be profitable.
But, were you to expense R&D because you need to retain these engineers and an expense to run your business, then the Bolt should be profitable.

Definitely expect some price drops and changes in the available options.

Epitaphs for Volt have been interesting to read. They all tend to follow the same pattern. Praise is given, then there’s a comment that follows about what GM should have done. When that very same comment was provided in the past, it wasn’t treated as a suggestion though. The response was a narrative about how GM knew what it was doing and that comment was really just an effort to undermine GM progress. Now, we all see the situation clearly. Concern expressed as “too little, too slowly” to draw attention about how GM still had not spread Voltec to ordinary loyal GM shopper choices, like Equinox, should have been looked upon as constructive discussion. Shooting the messenger was just plain wrong. Volt has become a modern example of innovator’s dilemma. GM focused on the wrong audience, accepting the voice of early-adopters to be that of mainstream consumers. That group-think contribution sent a message approval to continue on with what we all recognize after production has ended as a niche. It was a terrible path to follow. Warnings should not have been so easily dismissed. Consequences of that are obvious. Tax-Credits were wasted on a very limited market. Rather than using… Read more »