According to the auto task force’s Viability Summary of GM, the Chevrolet Volt will not save the Detroit automaker. The government’s audit of GM’s restructuring plan said that the automaker had invested too much time and money developing the Volt instead of focusing producing better smaller cars.

“While the Volt holds promise, it will likely be too expensive to be commercially successful in the short-term,” the report said.

The report said that GM remained too dependent on trucks and SUVs to earn profit for the company. The report did not mention cars like the Chevrolet Cruze or the Chevrolet Beat that are scheduled to arrive in the U.S. at the end of next year.

The Chevrolet Volt is scheduled to go on sale in Nov. 2010 with price coming in around $40,000. 

2011 Chevrolet Volt:

   

 

- By: The Daily Auto Editor

Source: Detroit News

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  • Ivan Gutierrez
    Tellin us what everyone on this website already knew.
  • zermatt
    It feels odd that the government is in agreement with me on the viability of the Vapor.

    I would have thought that the Greens on the task force would have bought GM's sales job on the future of the Vapor.
  • GMfan87
    i highly doubt GM left out the cruze, orlando, and beat in the viability plan....Obama really knows how to pick em....
  • Bobmarley
    HUGE SUPRISE!!! lol

    who are these fucking geniuses known as the "auto task force"?!!!
  • Neil
    You think the Task force reads eGMCarTech?????

    what bothers me most abou this car is its a Fing Hatchback - a car style Americans usually don't like - and I am sure the argument is it needs to be a hachback for Europe.....
    ...but the kicker is GM will probably have sold Opel before the Volt ever launches 'cuase there is no way this thing launches on time
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