90% of Chevy Volt Plug-In Hybrid Customers New to Brand

 
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2011 Chevrolet Volt Z-Spec

2011 Chevrolet Volt drive test, March 2011

2011 Chevrolet Volt drive test, March 2011

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There’s nothing sales executives love more than seeing sales figures indicating that the latest product is attracting new buyers to their brand, so we’re sure Chevrolet board members must be pretty happy right now. 

Why? According to data collected from buyers of its 2011 Chevrolet Volt plug-in electric hybrid most have never owned a Chevrolet before. 

Of those who traded in a vehicle as part of buying their Volt, 90% were new to the brand Chevrolet revealed yesterday. 

While Chevrolet hasn’t listed which brands its new customers are moving from we’d like to guess that many of them are former hybrid car owners looking to make the next step towards a 100% electric vehicle. 

Since launch, the 2011 Volt has stormed ahead of its rival the 2011 Nissan Leaf on sales, with nearly three times the number of Volts leaving the dealers than Leafs. 

But while Chevrolet is keen to produce as many Volts as possible in the coming months, many of the excess cars are destined to become dealer demo cars rather than customer cars.  The reason? More demonstration cars mean higher visibility and ultimately more sales. 

“We know the best way to experience the Volt is to get behind the wheel and drive it,” said Cristi Landy, Chevrolet marketing director. “An added bonus is that our dealers are seeing that the Volt is increasing traffic onto our dealer showroom floors and is exposing consumers to Chevy’s line of ‘gas-friendly’ vehicles.”

With a predicted 2,500 dealers nationwide with demonstration Volts by the end of 2011, Chevrolet hopes to increase its market share of plug-in vehicle sales and of course, gain more new customers to the brand while fighting off fierce hybrid and plug-in hybrid model compaition from Toyota, Honda, Ford and Hyundai. And while only a handfull of people who visit showrooms to look at a Volt will end up buying one, many will end up buying a different Chevrolet model making the Volt a true halo-car.

[Chevrolet]





 
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Comments (6)
  1. We sure fit that demographic.
    We/I have never owned a Chevrolet, and the last American car I owned was a 1969 special ordered Oldsmobile 442. I only kept that just over a year, as it started literally, falling apart within two weeks of initial delivery !!! I had done a tour of the Oldsmobile factory, shortly after taking delivery of the car, and if I had done that before buying that car, I might not even have taken that "risk." At that time, I saw about every seventh car being pulled off the production line for defect correction !!!
    Anyway, I got our Volt without ever doing a test drive or even sitting in the car. We are very impressed and satisfied with the car.
     
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  2. The Volt may be a "halo car" but it has to overcome two other halos: the EV-1 and the less than stellar quality history of many GM models.
    One wonders too if Chevy will comeout with a true Volt, replacing the premium gas engine with its weight in batteries. That would be a true "Volt". Right now, Chevy is selling an "Otto Volt".
     
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  3. This shows people WANT plug-ins and will even buy a brand that they previously avoided in order to get one.
     
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  4. True for me. My 1st Chevrolet and all because the created the Volt. ~250 miles last week and 0.0 gallons of gas. I'm over 2000 miles using less than a tank of gas. Battery is perfectly sized for many folks that drive less than 40 miles per day and kudos to Chevrolet for following that study. Plus 110/120v garage plug will charge it's currently sized battery overnight. Perfect. Brilliant actually.
     
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  5. I guess I must be the exception that proves the rule, LOL. Between myself and my business, we own 7 Chevrolet vehicles, 3 vintage race cars, 3 trucks and one VOLT! The last non-Chevrolet vehicle I bought was in 1986, and I'm not buying any more. "Buy American, the job you save may be your own"
     
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  6. Hi Nikki,
    what I understand form other news source is that 90% of "those who traded their car" for a chevy brand are new customers. not 90% of volt buyers.
    JohnM
     
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