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Chevy Volt
130 Chevrolet Volts are going to select U.S. markets; first production model up for auction

The Chevrolet Volt represents one of the most important launches of General Motors' long history. The vehicle represents an important milestone bridging the past (internal combustion engines) and our eventual future (electric propulsion) when it comes to automotive transportation, and has already nabbed "Car of the Year" awards from Automobile and Motor Trend.

GM has announced that the Volt is now shipping to dealerships in select parts of the country – California, New York, Texas, Washington, D.C. – albeit in limited numbers. GM is only expecting to deliver 160 vehicles this week.

"Today is a historic milestone for Chevrolet," remarked Tony DiSalle, Volt marketing director. "We have redefined automotive transportation with the Volt, and soon the first customers will be able to experience gas-free commuting with the freedom to take an extended trip whenever or wherever they want."

In addition to Volts that are heading to dealerships, the very first Volt to roll off the assembly line is currently up for auction. Proceeds from the sale of the vehicle will go to the Detroit Public Schools Foundation -- at this moment, the high bid for the vehicle is a whopping $185,000. The auction ends later today.

The Chevy Volt is powered by 149hp (273 lb-ft torque) electric motor which provides 35 miles of fossil fuel-free driving courtesy of its 16 kWh lithium-ion battery pack. A 1.4-liter gasoline engine kicks in at the point to recharge the battery pack and provide additional power to the front wheels (under certain circumstances). The Volt has a maximum driving range of 375 miles.

When it comes to pricing, the Volt won't come cheap. It is priced at $41,000 before a $7,500 federal tax credit.



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Volt will be a sellout
By cjc1103 on 12/14/2010 8:40:46 AM , Rating: 2
In spite of the clueless naysayers, GM will sell all the Volts they can produce. GM is staking a lot on the Volt for their future, and a lot of engineering and testing went into it. Also all the reports I have read say pre-production cars were outstanding; Motor Trend and Automobile don't give their "Car of The Year" awards to shoddily built cars. The only fly in the ointment is the technology is very expensive, and reportedly GM is still losing money on each one, even at $41,000 each. Considering they are relying on the federal tax credit to sell them, so we'll see how successful they are in the market when the tax credit expires.




RE: Volt will be a sellout
By Dr of crap on 12/14/2010 10:54:27 AM , Rating: 2
You accutally believe they are not making money on a product they are selling after having gone through bankrupty?
I have some swamp land to sell you.

Or is the govt making up the profit to GM and then giving a tax break to the buyer as well... hmmmm!


RE: Volt will be a sellout
By mmcdonalataocdotgov on 12/14/2010 11:24:04 AM , Rating: 3
C'mon. Motor Trend cars of the year have included the Vega, Citation!, Mustang II!, Dodge Omni!, Chrysler K cars!, Chrysler Cirrus, Lincoln LS, Dodge Caravan, PT Cruiser. I think they DO give this award to shoddily built cars. You just don't know they are shoddy until a couple years in. That is data that MT doesn't have right now. I would say only a very few of their winners have aged well (for the expected lifetime of the car, not until today.)


RE: Volt will be a sellout
By phantom505 on 12/14/2010 11:46:38 AM , Rating: 2
I always thought of "Car of the Year" Awards akin to Time "Man of the Year" which may not be a man, and may not be good.... simply one that was in the news a lot.

All of those cars you listed were in the news a lot the year of their release.

Saddam was Time's Man of the Year, as was bin Laden. Didn't exactly mean they were great people.


RE: Volt will be a sellout
By kattanna on 12/14/2010 12:45:58 PM , Rating: 3
quote:
In spite of the clueless naysayers


LOL

quote:
GM will sell all the Volts they can produce.


quote:
reportedly GM is still losing money on each one, even at $41,000 each Considering they are relying on the federal tax credit to sell them


and for the closer...

quote:
we'll see how successful they are in the market when the tax credit expires


glad to see you yourself dont even fully believe your own hype.

a company cannot sell all it can make of something if it is selling at a loss.

and at $41,000 for a new car, that is out of reach for a great many people, even without being in a deep recession like we are now.


RE: Volt will be a sellout
By The0ne on 12/14/2010 3:31:37 PM , Rating: 1
Yea, I read about the car of the year Volt in several US magazines. I couldn't help laughing so hard in the bookstore people turned to stare at me. I showed those interested the Volt, of course, and they just went back to their own things. A few shared so lighter laughter and smiles with me.

Was the best laugh I had in years.


RE: Volt will be a sellout
By Jedi2155 on 12/14/2010 4:23:19 PM , Rating: 2
Laugh all you want as it is your opinion just like how a ton of people laugh at the design of the Prius yet continues to be a smash hit.

The true test will be GM's ability to make some profit out of it and continue to be a sellout. That they'll be able to leverage the technology onto other platforms as I have a realistic expectation that I don't think this single vehicle alone will ever be able recoup the development costs but rather the start of a new family of vehicles.

I'm seriously considering at leasing the 1st generation as it seems reasonably priced at $350/month for 12000 miles. Of course they're all sold out so I will have to wait...


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