GM to produce 70,000 Chevy Volts in first 2 years

Posted: Jun 20, 2008
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It was recently approved by the GM board (not like they had a choice after putting all that money into it), the design has been finalized and Bob Lutz has taken an ‘electrifying’ test drive in it. That’s right we’re talking about none other than the Chevrolet Volt.

All GM execs seem confused when it comes to commenting on the price of the Volt (some saying low to mid $30k and others saying close to $40k), howeverm, the company seems all but certain on the units of Volt they want to built every year.

According to Bob Lutz, GM is aiming for 10,000 units of the plug-in electric hybrid the first year, followed by a 60,000 for the following year. Lutz said “the actual number is highly dependent on electrical component supplier capability and battery experience.”

And if you weren’t confused enough this week reading other reports on the Volt hitting $40k, Lutz is here to confuse you again saying GM will offer the car for less than $40k.

Source: Free Press


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  • justmatt

    It better be some car, if they are going to charge that amount. No crappy plastics and cloth seats. Better have sunroofs and alloy wheels.

  • Bobmarley

    too many uncertain variables at this point to be talking so much

  • Ninja Turtle

    Yeah right. I can see 30,000 in the first year, and then it's gonna decline from there on out because one way or another GM didn't think through all the issues of the hybrid powertrain. And that's before I think about the 40 grand asking price.

    But then who knows? The rather ugly Prius was a success.

  • justmatt

    The Prius does not have an asking price of $40,000.

  • Ninja Turtle

    I hear dealer mark-up has been pushing it there in some states.

  • Ninja Turtle

    I hear dealer mark-up has been pushing it there in some states.