GM Will Adjust Production of Meet Volt Demand in 2012

GM Chairman Akerson sees 'new variables in the equation' in determining future production plans.

Published: 09-Jan-2012

General Motors Co., the largest U.S. automaker, may cut its production plans for the plug-in hybrid Chevrolet Volt if it can’t sell as many as it expects after missing U.S. sales targets last year, executives said.

“We’re going to match production with demand,” Akerson told reporters yesterday following an event in Detroit for the new Cadillac ATS compact car, before the start of the North American International Auto Show. “There’re new variables in the equation, so we’ll see.”

Akerson was commenting on whether the Detroit-based automaker could meet output targets for the Volt, which failed to meet U.S. sales goals last year. The company plans to expand production of its Volt plug-in hybrid to 60,000 this year, with 45,000 earmarked for the U.S. GM sold 7,671 Volts in the U.S. in 2011, missing a target of 10,000 deliveries.

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