qr-play-store play store

Chevy Is Making More Bolts To Keep Up With Growing Demand

10 Jul 2018
No comments
236 views
Chevy Is Making More Bolts To Keep Up With Growing Demand

If you think that electric-vehicle startups like Tesla would push mainstream automakers out of the EV game, think again. In fact, General Motors has had such strong demand for the Chevy Bolt that it had to increase production. In its financial reports for the first half of this year, GM confirmed that it’s ramping up production of the electric hatchback by 20 percent thanks to strong demand in the US, Canada, and South Korea.

 

 

Global sales of the Bolt have been up more than 40 percent from January through June of this year. Chevy sold 7,858 units of the Bolt just in the US so far this year. As CNET points out, that’s a significant margin over its nearest rival, the Leaf, of which Nissan sold 6,659 in the same market over the same period of time. GM’s US sales chief Kurt McNeil said that demand for the Chevrolet Bolt EV has surpassed production, and the extra production coming on line should be enough to help them keep growing global Bolt EV sales.

 

 

Although Chevrolet sold more Volts than Bolts last year, sales of the larger plug-in hybrid are tapering off as demand for the Bolt has increased. The two are neck-in-neck in GM’s sales chart, the Volt (at 7,814) only slightly outsold by the Bolt (at 7,858). But the general trend has the Bolt growing (up by 3.5 percent year-to-year for the first half) and the Volt decreasing (by 28.5 percent).

0 0
Comments:
No comments found
Leave a comment
  • Jaw-dropping deals this Spring at RepoKar
    27 Feb 2017

    Spring is right around the corner! With melting snow comes rising car sales. Longer days and brighter sunlight mean it’s the season to think about the best used cars for spring; vehicles that allow you to appreciate blue skies, while getting a head start to summer. The sooner you decide on your dream car, the greater the possibility of finding the best deals.  At RepoKar, we want to be sure that you've got everything you need to start the season fresh with a smile on your face. That’s why we’ve prepared amazing, hassle free used cars, trucks, and SUVs for our fr...

    0 2
    15
    1031478 views
  • General Motors to lay off 1,100 workers
    06 Mar 2017

    General Motors promised us other things but that’s how it all turned to be, even if it said it will invest $1 billion in U.S. factories now it announced to temporarily cut off 1,100 workers in May as its Lansing Delta Township assembly plant in Michigan shifts production to Tennessee. Last year it added 800 jobs at its spring hill, Tennessee plant to build the new version of GMC Acadia SUV.  The Lansing plant will continue building the Buick Enclave and Chevrolet Traverse after it retools for a month. GM also has announced other U.S. factory cuts. U.S. President Donald Trump ha...

    0 0
    19
    104684 views
  • Your Car May Get A Tariff Price Increase, Even If Built In The US
    20 Jul 2018

    Soon, it will be very important to know where your next car was assembled, because the US is in the midst of a massive trade war. Just because your car was built in the US, doesn’t make it safe from tariffs. As Automotive News reports, automakers may be forced to spread price increases from tariffs across their entire model range.  Many people seem to be confused about how US-built cars could possibly be affected by Trump’s tariffs. Automakers plan to minimize the impact of the tariffs by spreading out price increases across their lineup. Some automakers such as Jaguar, L...

    0 0
  • Forget Trade Wars, Tesla Will Build Cars In China
    19 Jul 2018

    The United States has entered a trade war with China after imposing a 25% tariff on $34 billion worth of Chinese goods. China has reciprocated with tariffs of its own, companies like Tesla are already feeling the burn. Tesla had to increase the price of its cars in China, but CEO Elon Musk already has plans to get around the tariffs.  Since it looks like the US and China aren’t backing down, Tesla has announced a new factory in Shanghai. Musk met with Chinese officials, and Shanghai will speed up efforts to cancel restrictions on foreign investment in the country. In the past, ...

    0 0
Search on the blog
Find us on

Last added auctions

2005 Toyota RAV4
100 views
15 photos
2,500.00
No bids
2009 Lexus LS 460
132 views
16 photos
7,500.00
No bids
2005 Mercedes-Benz M-CLASS
106 views
14 photos
2,500.00
No bids
2005 Honda ELEMENT
374 views
14 photos
2,800.00
No bids