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Volt construction starts November 11
Dealers will find out how many they will get on November 17

One of the most anticipated green vehicles around is the Chevrolet Volt. The Volt is an extended range hybrid vehicle that runs all the time on electric power. The gasoline engine is only used to produce electricity to run the car when the batteries lack sufficient power alone.

Translogic reports that the Chevy Volt is set to go into production on November 11. So far, the launch date of the Volt is said to be in November based on people familiar with the schedule. Dealer allocation is set to be posted on November 17. Dealer allocation will let dealers in the initial launch areas of California, Michigan, and Washington D.C. know how many Volts they can expect on the lot.

GM plans to build 10,000 volts by the end of 2011 and then up that number to 30,000 units in 2012. At that level of production, the plant where the Volt is built will be producing 24 finished vehicles per day. GM finally offered the official price for the Volt in July pricing the car at $41,000 (before a $7,500 tax credit). Some dealers who will be selling the Volt immediately started adding "market adjustments" to the MSRP of the Volt bringing the price up to $61,000 after markup.

With some dealers tacking $20,000 onto the already high MSRP of the Volt, AutoNation, which owns 230 dealerships around the country, told its 27 Chevrolet dealers that they will sell the Volt at MSRP or face contract termination. GM has made no official statements on the possibility of dealers charging much more than MSRP for the vehicles.

Market adjustments are not uncommon in the automotive industry. Ford dealerships routinely add thousands of dollars to the price of the Shelby GT500 and the PT Cruiser saw plenty of dealer markup early in its life when it was actually popular.

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RE: It Burns a Hole in the Pocket
By Nfarce on 9/2/2010 4:37:52 PM , Rating: 2
Exactly. I paid $37k for an Infinity G35 four years ago which are a dime a dozen around greater metro Atlanta. Today, a fully decked out Maxima stickers for over $41k. Shoot even the new Ford Taurus SHO pricing starts at $38k and an optioned out Camry Hybrid stickers for $35k. And you can't even touch a new full sized SUV like a Tahoe, Nissan Armada, or Expedition for under $40k.

These cars are in the driveways of middle and upper middle class households - far from the "rich" people. But then again, some politicians in Washington feel that if your household earns over $150k/yr, you are somehow "rich."

RE: It Burns a Hole in the Pocket
By Nfarce on 9/2/2010 4:40:08 PM , Rating: 2

But then again, some politicians in Washington feel that if your household earns over $150k/yr

Read that as if your household earns about $150k/yr

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