General Motors bankruptcy talks is not slowing the development on Chevrolet Volt

Posted on Monday, 11 May 2009 , 11:05:15 byEmil

Filed under gmbankruptcychevroletchevyvoltbuickvoltecevgmc2010conveGMChevroletCadillacGMC

General Motors bankruptcy talks is not slowing the development on Chevrolet Volt

GM cut the cord for 2010 on a few units – including Impala SS by Chevrolet, Cobalt SS Sedan, G6 GXP from Pontiac and STS-V Cadillac – but the Detroit carmaker says this revolutionary Volt by Chevrolet is still right on schedule for a debut in November 2010, despite the delicate financial status of the company.

Tom Stephens, GM spokesman unveiled recently that Volt by Chevrolet program is running and hasn't been altered now due to present financial woes, plus the plug-in EV unit will make it by next year to the market. 'At this point in time, I know of no reason why we can’t be in production by November of 2010' Stephens reported to the Automotive News.

Stephens affirmed General Motors is deciding currently on what other brand name should get a car based on the Voltec technology of Volt. With Saturn, Pontiac and Saab off the table, that counterpart of Volt will be given to GMC Cadillac or Buick. 'We have to consider what is the usage of the person buying the vehicle' he stated on the decision making action. 'For a commuter who drives 40 miles a day and takes it shopping on weekend, it’s the perfect application'. Despite the anonymity of Stephens, insiders say General Motors has given already the green light for the Converj from Cadillac.