Despite General Motors’ financial troubles and Obama’s task force saying that the automaker spent too much time and money on a car that won’t be commercially successful in the short-term, development on the Chevrolet Volt rolls on. GM said today that it will be adding 80 new prototypes by this summer. However, this time around [...]
General Motors on Monday asked the U.S. government for a total of $2.6 billion in low-interest government loans to support the development of three new hybrid vehicles – two of which it said will be spin-offs from the Chevrolet Volt plug-in hybrid. That brings GM’s loan request to $10.3 billion in aid from a U.S. [...]
Today is Bob Lutz’s last day as General Motors Vice Chairman and head of Global Product Development. Tomorrow, Lutz will take on a new role as Vice Chairman and Senior Advisor. So on his last day, GM-Volt only saw it fit to ask Maximum Bob about the remarks that came from the auto task force yesterday regarding [...]
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 [...]
In an interview with Reuters about his upcoming “Comedy Stimulus Package” show in Detroit for unemployed workers, Jay Leno exhibited his love for electric-cars and GM’s fuel-efficient vehicle initiatives. Reuters asked the car-enthusiast if he’s going to purchase the upcoming 2011 Chevrolet Volt, Leno said that he will go by and test drive it. He said [...]
It has been reported for some time now that when the 2011 Chevrolet Volt hits markets in November 2010, the price tag could come in the neighborhood of $40,000. While the plug-in hybrid is still more than a year away from going on sale, GM said it is already working on the second and third [...]
As we told you last week, President Barack Obama’s auto task force will be headed to Detroit today to meet with executives from General Motors and Chrysler. Advisers Steve Rattner and Ronald Bloom will visit GM’s technical center in Warren and will also pay a visit to Chrysler’s truck assembly plant. They will also hold [...]
While we’re scheduled to get the 2011 Chevrolet Volt in November 2010, Europe will get their version, the Opel Ampera, in 2011. The UK will get a Vauxhall badged Ampera during the same time. Of course there is no doubt that the 2011 Ampera looks much better than the Volt but other than the looks [...]
The brand-new economic stimulus plan will put a smile on your face if you’re looking to purchase a plug-in hybrid vehicle. According to a report by Automotive News, the new economic stimulus law will make buyers of plug-in hybrid vehicles eligible for tax credits of as much as $7,500. The federal government is hoping that [...]
While the future of Opel remains in question, General Motors’ German brand has unveiled the new European version of the 2011 Chevrolet Volt – the 2011 Opel Ampera. The extended-range electric-vehicle is scheduled to enter prodution in 2011 and will be available in right-hand drive in the UK with a Vauxhall badge. As you can [...]
