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Old 06-09-2011, 02:29 AM   #1 (permalink)
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Default LA Times - Alone in a Sea of Misunderstanding

The LA Times did a piece that was basically about the high mark-ups, and selling new Volts as used tactics of some dealers. More remarkable was this opening line of the article:

"Car sales may be in a slump, but the hybrid-electric Chevrolet Volts are hot, and that's leading to shortages"

The low sales numbers for Volts and Leafs has more typically been touted as evidence that EVs are a flop, when in fact the numbers are exactly where announced production would have them. More obviously, dealers aren't able to charge over MSRP on vehicles that are not popular. Essentially every EV being produced is sold. The only ones not "sold" are the ones that have a huge markup. But those dealers doing that are not looking to get more allocation anytime soon, so they are betting that if they sit tight they will get some desperate car buyer who will pay 10k or even 20k over MSRP.

Nice to see a major paper acknowledge that EVs are in fact, "hot!"

http://www.latimes.com/business/autos/l ... 6334.story



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