Cars and Drivers

Chevy Volt Earns Top Safety Pick as Fiat, Nissan Falter

It may be difficult for General Motors Co. (NYSE: GM) to sell the Chevy Volt, but it is by one important measure a very safe car. It won the IIHS (Insurance Institute for Highway Safety) 2014 TOP SAFETY PICK+ award for small cars. Four cars finished at the bottom of the ranking with several “poor” ratings in crashes the research firm uses in tests.

IIHS reported:

The Volt, which has a basic-rated optional forward collision warning system, is the only car in this test group to earn a 2014 TOP SAFETY PICK+ award. The C-Max Hybrid, Countryman, Mitsubishi Lancer, and the Scion FR-S and its twin the Subaru BRZ qualify for TOP SAFETY PICK, the Institute’s second-highest award. These models miss the “plus” award because they don’t have an available front crash prevention system.

Among the cars that did very poorly were two from Nissan, the Leaf (its electric car) and Juke. The Fiat 500L was also near the bottom, as was the Mazda 5. Each received a “poor” for its overall grade.

Chevy only sold 1,777 Volts in June, down 34.1% from the same month in 2013. Sales numbers for the first half were not quite as bad. They dropped 12.6% to 8,615. No one could say it is any more than a niche product. It is worth recalling that when former GM CEO Rick Wagoner launched the Volt in 2007, he said it was a key to GM’s future. Issues with battery fires in 2011 made the Volt a public relations nightmare for GM.

Unfortunately, one good set of test results is rarely, if ever, an event that turns bad sales around. The Volt, although very different in price and engine construction, has been completely eclipsed by Tesla Motors Inc. (NASDAQ: TSLA) Model S, which has received extraordinary safety ratings. There is no way back to success for the Volt. It has fallen much too far behind in the market for electric engine cars.

SEE ALSO: 10 Cars Americans Don’t Want to Buy

Sponsored: Want to Retire Early? Start Here

Want retirement to come a few years earlier than you’d planned? Orare you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.