I have a new Blog Post that I hope will interest this Forum (3 Graphs that Show that the Chevy Volt is a Big Success in 2011):
The text of the blog post is below. The graphics are shown in the blog itself.
I would appreciate it if you could review and let me know if I missed anything.
Blog Post Text
You may think that the headline is crazy... compared to the Dismal-Failure-On-Par-With-New-Coke-and-Edsel
headlines that I project will be out there soon.
However, I have some facts to back this headline up. Please let me know what you think of this analysis.
1. GM Beat their 2011 Number by 45%
Chevy estimated they would produce 10,000 Volt back in March. They produced 14,510. They produced 45.1% more than their estimate. Here is the graph:
The estimate is clearly articulated in March 2011 press release (see last paragraph):
Note that the press release states PRODUCED not SALES. Many in the media are using Sales and then stating that GM did not meet their goal. I could not find any press release in which GM stated they would SELL 10,000 Volts in 2011. If someone has such a press release, please let me know.
2. GM is now the #1 EV car in sales in the US. It has held the title for the past three month
Here are the Nissan Leaf and Chevy Volt Stats for the trailing 6 months:
Notice a trend? Looks to me like the Volt is really on the upswing. Nice upward slope from July to Oct. Flat for Oct to Nov. Then a spike in December (back to same upward slope).
3. Even with Record Sales, Chevy Volt Production is Very Close To Sales (Supply = Demand... or maybe Supply < Demand):
Of course many of the sales in December were built in November or other months.
However, this is a very good indicator that supply and demand are at least aligned for this vehicle. It may even be an indicator of pent up, unmet demand. Typical vehicles are on the showrooms for a minimum of several weeks. Are sales lagging production?
Keep in mind they launched nationally on 11/1/2011 (only 65 days ago). Perhaps GM has finally ramped up enough to have a national supply of the vehicle? There seems to be enough of a cushion now to account for foreign sales, fleet sales, demo sales etc.and still have a reasonable national stock.
Did I miss anything?
Do you have any other thoughts?