General Motors reported solid growth in vehicle sales this year, but its high-profile electric Chevy Volt fell short of targets.
The company reported today that it sold 7,671 Chevy Volts in 2011, fewer than the 10,000 it had expected to sell. There were more than 1,500 Volts sold in December, the best month since the car was launched in late 2010.
Sales of the Volt have been closely watched as a barometer both for uptake of electric vehicles and GM's financial health.
Buyers receive a $7,500 federal tax credit for buying an electric car with … Read more