Rising inventories have prompted GM to halt production of the Chevy Volt plug-in hybrid for more than a month. According to the Automotive News, GM has informed its 1,300 workers at its Detroit-Hamtramck assembly plant in Michigan that it will shut down production for five weeks, starting on March 19th.
Spokesman Chris Lee stated, “We need to maintain the right inventory levels and continue to meet demand.” GM plans on resuming production on April 23. At the end of February, GM had 6,300 Volts in its inventory, enough to last 154 days based on the current sales rates.
GM sold 1,023 Chevy Volts in January, which was up from just 603 in January.
