GM offers to buy back Chevrolet Volts from unsatisfied owners
GM offers to buy back Chevrolet Volts from unsatisfied owners

Announcing a rare move on Thursday, General Motors (GM) said that it will buy back its Chevrolet Volt plug-in hybrid vehicles from unsatisfied customers who are concerned about the `fire risk' factor being associated with the car.

The Volt buy back offer from GM comes close on the heels of the company's earlier-this-week offer of loaners to 6,000 owners of Volts in the US --- a move which essentially came as a reassurance to the Volt customers after the results of three crash-tests linked the complex battery pack of the car to fires or sparks, even days after these batteries had been damaged in the simulated crashes.

Revealing that 33 Volt owners asked for loaners till Thursday morning, GM spokesman Selim Bingol said that despite the fact that the offer of the return of the Volts had been conveyed to the Volt owners on Monday, no one has taken on the offer thus far.

Further adding that as and when any Volt owner asks GM to buy back the car, the company will "snap it up," the spokesman reiterated GM's confidence about the safety of the car, saying that the company is keen to make sure that the owners were comfortable with their vehicle.

Meanwhile, drawing attention to the statistics which show that the Volt has clearly outsold the Nissan Leaf - the only other electric car available in the US mass market - during the past two months, Chevrolet Sales's VP Alan Batey said: "The Volt isn't just about how many cars we sell. This car is revolutionary."

Latest News

WSJ: Google Will Unveil Android 5.0 on Multiple Nexus-Branded Smartphones
GM to discontinue Facebook ads due to low consumer impact
Facebook will raise stock price, could be first U.S. company worth $100 billion
Scott Thompson Resigns as CEO of Yahoo
Apple co-founder Steve Wozniak: "I would invest in Facebook”
Apple accuses Samsung of "spoilation of evidence"
Verizon to use Ciena switching technology for expanding its fiber-optic network
Microsoft accused of withholding APIs necessary to build a competitive browser f
Facebook to open App Center in few weeks; developers being asked to prepare apps
Facebook announces App Center
Facebook’s IPO road show got off to a “rough start”
Google Moves For Mistrial In Oracle Case