Chevy Volt: GM's Hybrid Will Have $40,000 Price Tag

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First Posted: 08- 3-09 04:53 PM   |   Updated: 09- 8-09 06:34 PM

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Letterman Chevy Volt

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DETROIT (AdAge.com) -- In 2006, Bob Lutz was steaming over Toyota's success with the Prius hybrid.

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DETROIT (AdAge.com) -- In 2006, Bob Lutz was steaming over Toyota's success with the Prius hybrid. ...
DETROIT (AdAge.com) -- In 2006, Bob Lutz was steaming over Toyota's success with the Prius hybrid. ...
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MediaCurves.com just conducted a study with 300 viewers of a news clip featuring General Motors’ new Chevy Volt. The results showed that 55% of respondents who reported that they were likely to purchase a car in the next year indicated that they would consider the Chevy Volt. For more in-depth results, please visit http://www.mediacurves.com/NationalMediaFocus/J7493-ChevyVolt/Index.cfm.
Thanks,
Ben

    Favorite    Flag as abusive Posted 04:59 PM on 08/12/2009

'captainhowdy2', a lexus hybrid for $37K. don't hold your breath. tthe opening price IS250 is that price and it's not a hybrid. pricing like that would completely screw up their marketing plan. perhaps a toyota for that price, but not a lexus.

    Favorite    Flag as abusive Posted 08:54 AM on 08/05/2009
- Kahill I'm a Fan of Kahill 7 fans permalink

Meanwhile, Nissan just announced Leaf, their all-electric car that pretty much does whatever the Volt does, to be introduced in 2010 for a price tag just in the upper $20s’! I am not sure how GM can compete with that. Always a day late and a dollar short.

    Favorite    Flag as abusive Posted 07:49 AM on 08/05/2009
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Lexus is developing a luxury sedan hybrid, the HS250H. The price is rumored to be between $35,000-$37,000.

Which one will people buy?

Throughout the 80's and 90's, the Japanese auto companies had a strategy of letting the US work out technological bugs, and then reverse engineering their designs. They saved a tremendous amount of R&D costs this way. Why GM didn't just reverse engineer the Prius is beyond me, but speaks volumes as to why the US auto industry will soon be a thing of the past.

Way to go Lutz!!!

    Favorite    Flag as abusive Posted 07:16 AM on 08/05/2009
- KarateKid I'm a Fan of KarateKid 334 fans permalink
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I was just about to say that. Spot on, Cap.

    Favorite    Flag as abusive Posted 07:28 AM on 08/05/2009
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The comedy antics never stop with these guys.

Sigh, what ever happened to this country...

    Favorite    Flag as abusive Posted 07:01 AM on 08/05/2009
- Harrier I'm a Fan of Harrier 10 fans permalink

I honestly have no idea what GM is thinking. My grandfather has a model T that gets better mileage that GM cars today. GM's electric car now is more expensive and gets worse gas mileage than it's earlier one that went into production 10 years ago. Even the battery was better.

    Favorite    Flag as abusive Posted 11:39 PM on 08/04/2009

good news, not for g.m. but my ford stock. this might just push it to $9. a share.

    Favorite    Flag as abusive Posted 10:25 PM on 08/04/2009
- Free2Speak I'm a Fan of Free2Speak 9 fans permalink
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This happens all the time.Ameri­can auto dealers finds away to destroy it product before it gets out of the block.I remember looking at a Pontiac Soltice and all the hysteria before it came out.The MSRP was around 22k but the dealership tacked on 12k or because of so-called market value.So that killed peoples interest which the dealers never regained.S­hort term profit which I know Toyota dealers refuse to allow it dealers to participate in jacking up it prices above MSRP.

    Favorite    Flag as abusive Posted 08:18 PM on 08/04/2009
- Mondayboy I'm a Fan of Mondayboy 13 fans permalink
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For that price I will find me a nice BMW

    Favorite    Flag as abusive Posted 05:11 PM on 08/04/2009
- HazerX I'm a Fan of HazerX 10 fans permalink

Hmmmm, $21k for a tried and true Prius?

or

$40k for yet another piece of American j u n k?

Prius, hands down. The Volt will never see mass production because no one is going to buy it, no more than we wanted to buy their combustion engine j u n k.

    Favorite    Flag as abusive Posted 04:42 PM on 08/04/2009
- Ozarks I'm a Fan of Ozarks 44 fans permalink
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Another Lutz triumph , reminds me of the GTO Lutz "developed". $40,000 for an electric car with a 40 mile range on its $8,000 battery pack. I had hopes for GM when Lutz retired. But now like the Poltergeist Lutz "is Back". GM with its $36,500 LeCross, advertised at Buick Open Sunday , and this Volt Albatross hasn't learned a thing. Even with all that large debt overhead gone, Lutz and buddies are still trying to milk car buyers with these overpriced tanks . GM is going back down into the toilet , hopefully for good this time.

    Favorite    Flag as abusive Posted 03:20 PM on 08/04/2009

hat tip to http://www.iamned.com

no economic improvement anytime soon'....

    Favorite    Flag as abusive Posted 12:01 PM on 08/04/2009
- JackNasty I'm a Fan of JackNasty 69 fans permalink
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ODE to the Chevy Volt

The absence of know-how prevails

Engineering by MBAs fails.

    Favorite    Flag as abusive Posted 11:27 AM on 08/04/2009
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Coming out of bankruptcy, GM has to make one particularly significant adjustment to remain in business. And it isn't laying off 10,000 production workers. It is laying off the entire executive and management staff down to the department level.

    Favorite    Flag as abusive Posted 10:11 AM on 08/04/2009
- loki I'm a Fan of loki 131 fans permalink
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well considering that almost everything I have read or seen about the volt stipulates that it doesnt run, had to be pushed to the interview, and just isnt ready for the market yet after this many years, and considering that had a working car 10 years ago called the Evo and cant get this pile of junk to work, Id say 40 grand is about 39,999 dollars to much. I for one wouldnt want to be the first to purchase this nightmare on wheels. Its been plagued with problems from the start, and no one has actually seen a working model that wasnt just barely able to roll to the tv interview.

    Favorite    Flag as abusive Posted 12:47 AM on 08/04/2009
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