Tuesday, August 16, 2011

Study: Potential Chevrolet Volt buyers already losing interest?

2011 Chevrolet Volt
2011 Chevrolet Volt – Click above for high-res image gallery

Early adopters, electric vehicle enthusiasts and the car-buying general public. What do these three groups have in common? Well, according to a study conducted by CNW Marketing Research, it's a waning interest in the Chevrolet Volt that ties them all together.

CNW says potential buyers are less intrigued by General Motor's groundbreaking plug-in vehicle than they were just a few months ago. A spring 2011 study released by CNW showed that, back in March, more than 21 percent of early adopters were "very likely" to consider buying a Volt. In its July study, that figure had plummeted to 14.6 percent. Even self-proclaimed electric vehicle enthusiasts were pulling away from Chevy's plug-in hybrid, with consideration falling from 25 percent in March to 17 percent in July.

Most distressing is that in all categories of the vehicle-buying public, interest in the Volt diminished. So, what's changing the minds of potential buyers? Not surprisingly, says CNW, the Volt's lofty price of $39,995 has turned out to be its Achilles heel.



Source: Autoblog Green

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