General Motors Co. said it plans to suspend production of its battery-powered Chevrolet Volt for 26 days as part of a move to pare excess inventory.
Production of the Volt at its Hamtramck, Mich., plant is set to stop Sept. 17 and resume on Oct. 12, a GM spokeswoman confirmed. It is the second time this year output has been idled due to soft demand for the electric vehicle.
GM will use the downtime to prep the assembly line for building the 2014 Chevrolet Impala starting early next year, the spokeswoman said. The plant already produces a small number of the Chevrolet Malibu sedans and the European version of the Volt, known as the Opel Ampera.
Source: Wall Street Journal. Read full article. (link)