GM Will Buy Back Chevy Volts From Nervous Owners
Akerson reasserted that the Volts are safe, but he told the AP that GM is taking this unusual step because it wants to keep its customers happy. Of course, given that fewer than 10,000 Volts are on the road today, this wouldn’t have as much of an impact on GM’s bottom line versus a mainstream seller.
“I think in the interest of General Motors, the industry, the electrification of the car, it’s best to get it right now than when you have — instead of 6,000 — 60,000 or 600,000 cars on the road,” Akerson told the AP.
Fires have occurred in one Volt and two separate battery packs after crash tests by the federal government. Those fires, though, happened long after the crash tests were performed.
Earlier this week, GM offered all owners (including Cars.com) a loaner vehicle if they felt unsafe in their Volt, and a company spokesman told the AP that the automaker doesn’t expect many owners to take it up on the buy-back program.
