GM to kill Chevy Volt production in 2019

Discussion in 'Chevrolet Volt' started by Ashlem, Nov 26, 2018.

  1. Ashlem

    Ashlem Senior Member

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    Man, it's like the EV1 all over again. While I'm certain they're not going to make it a compact sedan/hatchback anymore, I hope the Voltec system survives and carries on into a bigger, more profitable vehicle.

    If not, I guess I'll be looking mighty closely at Tesla when it comes time to retire my Volt.

    GM to kill Chevy Volt production in 2019
     
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  2. bisco

    bisco cookie crumbler

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    is this sooner than expected?
     
  3. fuzzy1

    fuzzy1 Senior Member

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    This isn't like EV1, selectively killing off a single car line. It is just one small piece of a major corporate restructuring:

    GM is reinventing itself. Its cutting 15% of its salaried workers and shutting 5 plants in North America


    "New York (CNN Business)General Motors on Monday announced a major restructuring of its global business, saying it will shut production at five facilities in North America and slash its staff. GM will reduce its salaried workforce by 15%, including a quarter of the company's executives.

    The moves are the first big steps in the century-old GM's transformation. The company is reinvesting money away from cars that once dominated America's roadways and putting it into technology it believes will power its future.

    GM's new motto is "Zero Crashes, Zero Emissions, Zero Congestion," signaling a shift to self-driving, electric vehicles. But the restructuring is also about making cars people want now. Customers are increasingly shunning sedans in favor of SUVs and hatchbacks. ..."
     
    #3 fuzzy1, Nov 26, 2018
    Last edited: Nov 26, 2018
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  4. Ashlem

    Ashlem Senior Member

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    I think people were expecting it to last until 2020 at least. There was also a rumor going around that the Voltec system will live on in bigger vehicles, so we might see something like a plug-in hybrid Equinox or Silverado, which might sell depending on pricing and features.

    Kind of sucks for all the people working in those places getting shut down though. It's a shame GM couldn't reallocate some of their more profitable vehicles to other plants to keep them churning out the moneymakers.

    On the plus side, all those start up EV's now have more factories they can buy to start up in. Or if Tesla wants a factory closer to the East/Right coast of the US.
     
  5. breakfast

    breakfast Active Member

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  6. fuzzy1

    fuzzy1 Senior Member

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    So this must be the result of finding "the magic wand" for manufacturing ...

    Never mind, completing that thought risks pushing this thread to FHoPol.
     
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  7. Trollbait

    Trollbait It's a D&D thing

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    If the Cruze sedan production wasn't also coming to an end, 5 GM factories being closed, some lay offs weren't taking place, a financial quarter coming to an end, and Bolt production continuing, yes, it could all be about the end of their tax credits.
     
  8. bisco

    bisco cookie crumbler

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    i hope this isn't the end of gm. again.

    when do those japanese tariffs kick in?
     
  9. jfschultz

    jfschultz Active Member

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    This is not like the EV1! There is no indication that GM will be going out to round up all the Volts to crush them.
     
  10. bisco

    bisco cookie crumbler

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    only because they now know that it won't put an end to the nonsense
     
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  11. Trollbait

    Trollbait It's a D&D thing

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    They also made the mistake of actually selling some of them.
     
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  12. bisco

    bisco cookie crumbler

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    ya, that makes it more difficult for sure
     
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  13. El Dobro

    El Dobro A Member

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    The Volt will live on in spirit. (y)
     
  14. MMBH

    MMBH Member

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    As does the EV1... in infamy and spirit....
     
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