Will the GM bankruptcy affect the Chevy Volt?

With the  GM Chapter 11 bankruptcy announcement this week, one of many unanswered questions swirling around concerns the Chevy Volt – the plug-in hybrid that GM had planned to  start producing around November of 2010.   While there’s certainly a great deal of uncertainty regarding what will happen to GM and what the “new GM” will look like when it emerges from bankruptcy protection,  Rob Peterson, manager of Electric Vehicle Communications at GM, says that, “There is no impact,” from the bankruptcy.    In fact, last week, GM invited the press to test drive several vehicles loaded up with the current Volt power train system.

GM is saying that the reborn company will focus on four core brands (Chevrolet, Cadillac, Buick and GMC) and will invest heavily in energy saving technology.   The company remains fully committed to the Volt, according to GM president and CEO Fritz Henderson.   “From day one, the New GM will be well-positioned to capitalize on the award-winning vehicles we have developed and launched during the past few years, and on our investments in exciting new technologies like the Chevy Volt.”   By 2012, GM expects to have 14 hybrid models in production.

via: Reuters and  Energy Efficiency News

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