Chevy Volt production to be increased by 50 percent

by Alex

It would be just seven states in the US that the new Chevrolet Volt extended range electric vehicle from General Motors would be up for sale and that too commencing the month of November. But notwithstanding all this, General Motors has announced that they plan to increase the annual capacity of production in the US by 50 percent. Translating that into specific numbers, there would be 45,000 units of the Volt made in 2012 which is up from the 30,000 earlier envisaged. The volts are being built at the Detroit-Hamtramck facility. The announcement came at a time when the U.S. President Barack Obama was around the factory site.

Without tax deductions and subsidies GM has pegged the price for the Volt at $41,000. To hasten electric vehicles entry into the market there has been a slew of motivators placed by the government and of this the $7,500 federal tax credit would bring down the price of the Volt to $33,500.

GM has also announced a lease scheme in which one has to shell out $350 per month for 36 months with a down payment of $2,500 at the time of signing the lease.

As per GM there are 25,000 customers who have booked for the Chevrolet Volt in the last few weeks.

Source: carscoop

General Motors Huge Recall2025 Lexus RZ2025 Lexus RZ Interior2025 Lexus RZ 92025 Lexus RZ 8

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.