General Motors willing to buy back Volts

Dec 1, 2011

NEW YORK (AP) - The top executive at General Motors says the company will buy back Chevrolet Volts from any owner who is afraid the electric cars will catch fire.

CEO Daniel Akerson told The Associated Press Thursday that the cars are safe. But he says GM would buy back the vehicles to keep customers happy. Three fires have broken out in Volts after side-impact crash tests done by a federal safety agency. The fires happened seven days to three weeks after the tests.

Akerson also says that GM could recall more than 6,000 Volts now on U.S. roads, if necessary, and fix them once the company and safety regulators figure out what caused the fires.

GM says no Volts involved in real-world crashes have caught fire.