GM Offers To Buy Back Volts From Concerned Owners
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With the scrutiny coming at General Motors for its Chevrolet Volt battery fire issues, CEO Dan Akerson has announced that his company will offer to buy back the plug-in vehicle from paranoid concerned owners, on top of already offering to loan out a complimentary vehicle. The vehicle is under investigation by the NHTSA for combusting after a major collision. The government agency and the company are currently working on a resolution the issue, which isn’t as much of a problem for consumers as it is for impound lots, or wherever it is that totaled vehicles end up going.
In addition, GM will not sell the Opel Ampera in Europe until the issue is resolved. Still, GM is standing by their product and wants to remind everyone that the Volt is a safe car otherwise.
Source: Automotive News
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That’s very nice of them 🙂
Although I was never a big fan of the NRA, I feel the need to paraphrase Charlton Heston; They will have to pry my cold dead hands from the steering wheel!
Is announcing this really a good strategy? It seems like it would be best to deal with this quietly if that’s an option. The car is plenty safe, and the number of idiots that want to return their car (to VERY happy Chevrolet Used Car dealers BTW) is likely to be incredibly small.
good maybe now y get one cheaper..use one..
I’d be very happy to buy one of these “defective fire hazards” from GM if anyone actually wants to sell them back. A nice 2011 or 2012 Volt with a few thousand miles for 1/2 price (or less) would fit my budget.
The news reports I see are usually very short with few details and rarely do they explain that the fires were weeks after major government crash tests, or that the batteries hadn’t been properly drained and that no fires have occurred in any “real world” crash. Further, they forget to mention that fire from a gas tank leak is much more likely to happen in “conventional” cars.
I am a Volt owner and I took advantage of GM’s offer to return my Volt until the safety issues are resolved. I have not been offered any buybacks. This is not the first safety issue I have with a GM car, we have a defective z06. I find it amazing that we did report our safety issue with the Vet to GM and the the National Highway Safety Transportation Association, and were not offered anything but the beloved Volt owners are offered vehicles until the matter is resolved. Let me set the record straight GM does not give you a vehicle they give you a rental from Enterprise, and they give you a car with 30,000 miles on it, no on star, no sirruis, no back up camera and many other features I am STILL paying over $400 a month. I bought a GM brand spanking new Volt I did not buy a stinky rental car! When I call Volt advisors to explain they act like they are doing me a favor giving me a rental car while I continue to pay and insure my car. They act like I am asking for gold when I am lost and try to use ONSTAR, but oops we do not offer it to rental cars. As I drive around lost and unable to use a service I am still paying for. The only thing I have nice to say regarding this whole experience is the effort that ENTERPRISE RENTAL CAR has made to attempt to afford me the same luxury that I am paying for. GM you are not impressing me one bit and I know how you handle safety issues I have seen it for 10 months with a safety issue in a z06. Buyer beware, if you are willing to risk the lives of your family on GMs word God bless you. I have been there done that and I will not GAMBLE MY FAMILIES LIVES AGAIN, so my Chevy Volt with 8,000 miles, onstar, sirruis radio, rear camera…remains parked, as my 2008 defective Z06. Nice job GM.
I am considering parking both of my GM safety issues on 19 and Garfield and hosting a meet and park, where other Volt and Corvette Z06 owners can meet, park and discuss all of their safety concerns. I own a nice piece of property there and look forward to hosting this daily event. See you there!
Please respect my opinion as I respect yours. This is a real situation and I have a right to post my opinion too.
@Jackie What is defective on your Z06?