The PR fiasco that stemmed from reports of Chevy Volts catching fire at a testing center...

|By:, SA News Editor

The PR fiasco that stemmed from reports of Chevy Volts catching fire at a testing center contributed to a 60% M/M decline in Volt sales, to just 603 units, according to GM's (GM +2%) January sales report. Though even before news of the fires emerged, Volt sales were well below expectations. GM's sales report may be pressuring shares of electric car battery maker A123 Systems (AONE -1.2%).