National Inventories...And Sales Of The Chevrolet Volt Expanded In March
General Motors did a couple unique things during March. Besides producing pre-production models of the 2016 Chevrolet Volt at its Hamtramck, Michigan facility, the General also increased national inventories of the current generation 2015 model.
The Cadillac CT6 Plug-In Joins GM's Electrified Family Later This Year
Unfortunately the latter development came a little late to push Volt sales any higher - selling just 639 copies, a 8% decrease from February when 693 plug-ins were sold, and off 58% from the 1,478 sold a year ago.
Overall for the year, 1,879 have now been moved, off 48% from 2014 when 3,606 were sold.
Getting back to the current inventory situation, with this year's production set to wind down in less than 7 weeks, national stock of the 2015 Volt touched close to the 4,000 unit level at month's end.
Clearly, GM has decided to keep the Volt stocked until the 2016s arrive; something we now feel is likely to start happening in August, despite no official start of production date yet announced by GM.
We anticipate a return to 4-digits (or close to it) starting in April, but nothing too significant historically until the next gen car hits the market.
Separately, the Cadillac ELR sold a respectable 92 units.
Also of interest this month from GM:
- The Volt's chief engineer, Andrew Farah sat down for a lengthy interview with Autoline Detroit to talk about the 2016 Volt (video link here)
- The new Chevrolet Spark debuts this week in New York, but we learned exclusively that the current gen of the Spark EV will still continue to be produced at the same time, with no plans for it to migrate to the new platform with its petrol brother
- The Cadillac CT6 debuts in New York on Thursday (April 2nd), this platform will also come with a plug-in option, returning up to 70 MPGe (details). The plug-in version is expected to debut in Shanghai in about 4 weeks time.