LAST AUTO NEWS – GOVERNMENT WON'T CANCEL CHEVY VOLT, BUT GM MIGHT DELAY IT
Last Auto News –

Despite the hype, the Obama administration’s automotive assignment force has said the Chevy Volt is too big-ticket to break General Motors’ problems. In a address answer its contempo accommodation to accord GM 60 canicule of allotment and not more, the assignment force wrote, “While the Chevy Volt holds promise, it will acceptable be too big-ticket to be commercially acknowledged in the short-term.” However, the government allegedly will not abolish the Volt Program.
According to Bloomberg, a antecedent “who asked not to be articular because the assignment force’s deliberations are private” has said “The Obama administration, acute for added fuel-efficient vehicles, will not block” the Volt project. “The administration’s apropos about the Volt were account by its acceptance that GM needs cleaner, fuel-efficient cars to accomplish in the continued term, said the person.”
That doesn’t beggarly the Volt will ability showrooms on time. Bloomberg adds, “GM’s problems may beggarly the aggregation will not accommodated its timetables for bearing and affairs the Volt though, the being said.”
Autoblog Green notes, “The official affect at General Motors is that the Chevy Volt will accomplish it to assembly on schedule. ‘This affair is abounding beef ahead, annihilation has changed,’ says GM agent Rob Peterson, apropos to the Volt project.”
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