The Chevy Volt To Roll In By The End Of 2010

Posted at 04:59, 2007-Nov-27

There’s no doubt that the Chevy Volt is the much awaited hybrid to hit Chevrolet dealerships soon. But auto geeks need not to worry because by the end of 2010, the Chevy Volt will be out sizzling hot just for you - that’s according to speculations. Well, it’s all worth the wait right.

According to my source, TheAutoChannel.com, General Motors Corp plans to launch the Chevrolet Volt by the end of 2010 regardless of doubts at GM about the deadline.

"There is a lot of skepticism within the company about the timeline," Lutz said at the Reuters Autos Summit in Detroit. "People are biting their nails, but those of us in a leadership position have said it has to be done."

"When people think of Toyota, their iconic brand is the Prius," Lutz said, referring to Toyota's popular hybrid car.

"When they think of GM, the iconic brand is, unfortunately, the Hummer," he added, referring to its gas-guzzling, military-inspired sport utility vehicles. "That perception needs to change."

"We have to reestablish GM's leadership and the Volt is, frankly, an effort to leapfrog anything that is done by any other competitor," Lutz said.

"We kind of lost the first couple of laps of the green car race," Lutz said, saying they couldn't go to GM's board "for a multihundred-million program that was going to lose money."

With the Prius, Toyota controls about 80 percent of the market for hybrids in the United States.

"We have since realized that letting Toyota gain that mantle of green respectability and technology leadership has really cost us dearly in the marketplace," Lutz said.