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Chevrolet Volt
GM isn't going to let a little thing like a lack of money prevent the Volt from coming to market in 2010

General Motors has been in a downward spiral all year with lagging sales and losses in the billions. GM and its cross town rival, Chrysler, asked Congress for monetary assistance to stave off bankruptcy by the end of the year. In the end, the Senate failed to hand over even $14 billion USD to the two struggling Detroit giants.

Now as the White House mulls what plan it will present to help GM and Chrysler stay in business during 2009, GM is stating that it will bring the Chevrolet Volt to market no matter what. This confidence in the Volt program comes despite that fact that GM announced yesterday that it would halt the production on a new engine assembly plant which will produce the 1.4-liter gasoline engine/generator for the vehicle.

Despite the setback with the engine assembly plant, billions of dollars in losses, and a production schedule that leaves little room for error, GM is still committed to bring the Volt -- and the Chevrolet Cruze -- to market by the end of 2010 as it has always stated.

If the engine assembly plant is unable to be completed in time to get the production Chevrolet Volt and Cruze out the door in 2010, GM will be forced to rely on one of its overseas facilities to produce the engine according to the Wall Street Journal. Interestingly enough, the Chevrolet Cruze is already available in overseas markets like South Korea albeit with a 1.6-liter four-cylinder engine -- two years ahead of the car’s North American launch.

"Everything that involves heavy cash outlays obviously is under review," said GM spokeswoman Sharon Basel on Wednesday. "Our intent is to still go forward with a new facility bringing that engine to Flint, Michigan."

"Although we are temporarily absolutely stopping all work on everything, the Volt will be out as originally scheduled," added one GM executive.

GM is banking on the Volt to bring it some of the same positive press that has been bestowed upon the Toyota Prius. However, the Prius and its rival, the Honda Insight, have base prices below the $24,000 mark. The Volt, however, will be priced near or will surpass the $40,000 mark before a $7,500 tax credit.

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RE: Price
By inighthawki on 12/18/2008 7:21:23 PM , Rating: 2
The monitoring system doesnt need fancy led screens, for one. Just hop in a brand new car, then in one from 10 years ago and you will notice the subtle, but clearly more expensive features that are in it.

RE: Price
By Suntan on 12/18/2008 7:40:17 PM , Rating: 2
A) what you are looking at up there is the stylized "Concept" car. Not the final production version. The interior of the production car will not look like that (they never do.)

B) If I wanted to buy a new car with a cheap 10 yr old interior, I'd just as soon buy two used 10 yr old cars (one as a backup to get around the issue of potentially reduced reliability inherent in older cars.) It would be cheaper in the long run. People don't go out and buy "new" cars *just* to save money.


RE: Price
By Spuke on 12/18/2008 10:17:31 PM , Rating: 2
What's cracking me up is these are the same people that chastise GM for crappy interiors. LOL!

RE: Price
By inighthawki on 12/18/2008 10:33:21 PM , Rating: 2
10 year old "looking" interior is not the same as a 10 year old car. If you want to do that, go ahead, but its under the hood that really matters in a car, and you'd be getting crap

RE: Price
By Suntan on 12/19/2008 9:27:33 AM , Rating: 2
Sorry, a 10 yr old interior is a 10 yr old interior. Do you see any of the car companies putting out stripped down, cheap, old interiors to save a buck? No, because they have learned time and again that it is a stupid thing to do. People expect a nice interior, even in “cheap” cars.


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