Friday, March 2, 2012

GM Suspends Chevy Volt Production and is Laying off 1,300 Employess

With a horrible sale volumes and no interested, GM is suspending production of the Chevy Volt. In addition to that, GM will also be laying off 1,300 employees.

GM had hoped to sell 45,000 Chevy Volts this year. GM has only sold 1,625 vehicles within the first two months of 2012.

The laid off employees will be rehired on April 23rd when production resumes.

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