2011 Chevrolet Volt priced at $41,000* or $350/month for three-year lease

Filed under: Hybrid, Hatchback, Chevrolet, Electric

Chevrolet Volt – Click above for high-res image gallery

General Motors’ recently hired vice-president for sales and marketing Joel Ewanick took the stage at the Plug-In 2010 conference in San Jose, CA today and finally revealed that the 2011 Chevrolet Volt will have a base price of $41,000 (including a $720 destination charge) before federal and state tax incentives. While GM hasn’t gone as aggressive as most people had hoped on the sticker price, the real deal appears to be the $350 per month for 36 months lease. That matches the monthly payment that Nissan is charging for the Leaf EV.

The effective purchase price of the Volt will be cut to $33,500 with a $7,500 federal tax credit (hence the asterisk in the title), but buyers will have to finance the $41,000 and get the credit back on their next tax return. Lease customers will have the credit factored in to their payment. The Volt lease requires a $2,500 down payment (vs $2,000 for the Leaf), but GM is including a clause in the lease contract that allows leasers to buy the car at the end of their term so that the automaker don’t have another standoff with customers like it did with the all-electric EV1. Follow the jump to learn more about the Volt’s price and how the order process will go, but first take our informal poll below.

View Poll

Gallery: 2011 Chevy Volt

Continue reading 2011 Chevrolet Volt priced at $41,000* or $350/month for three-year lease

2011 Chevrolet Volt priced at $41,000* or $350/month for three-year lease originally appeared on Autoblog on Tue, 27 Jul 2010 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Continue reading “2011 Chevrolet Volt priced at $41,000* or $350/month for three-year lease”

BREAKING: General Motors to announce Chevy Volt pricing/ordering on Tuesday [w/poll]

Filed under: Hybrid, Sedan, Hatchback, Chevrolet, GM, Earnings/Financials, Electric

2011 Chevrolet Volt – Click above for high-res image gallery

The three-year-long wait for the 2011 Chevrolet Volt’s official U.S. price tag will finally be over in less than 24 hours. At the Plug-In 2010 Conference in San Jose, California on Tuesday, GM VP of Marketing Joel Ewanick will announce pricing details and the ordering process for the Volt. Following the announcement, there will be a live online webchat with Volt Marketing Director Tony DiSalle.

While we’re waiting for the official announcement, you can through to the jump for a brief press release and then take our poll below.

View Poll

Gallery: 2011 Chevy Volt

[Source: General Motors]

Continue reading BREAKING: General Motors to announce Chevy Volt pricing/ordering on Tuesday [w/poll]

BREAKING: General Motors to announce Chevy Volt pricing/ordering on Tuesday [w/poll] originally appeared on Autoblog on Mon, 26 Jul 2010 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Continue reading “BREAKING: General Motors to announce Chevy Volt pricing/ordering on Tuesday [w/poll]”

Jay Leno a Chevy Volt intender? Umm… not so much

Filed under: Hybrid, Sedan, Technology, Chevrolet, GM, Celebrities, Electric

2011 Chevrolet Volt – Click above for high-res image gallery

As America’s most recognizable celebrity car guy, you might expect that Jay Leno is anxious to put what might be America’s most recognizable and highly anticipated game-changing new car in decades in his Big Dog Garage. Apparently, you’d be wrong. The late night comedian spoke with The Detroit News about the upcoming extended-range electric car and, surprisingly enough, said he doesn’t plan to be one of the first in line to drive away in a 2011 Chevrolet Volt:

“If you didn’t know, you might think it’s a Cobalt or a Camry… I don’t think there’s a lot of cachet in having the first one. It’s meant to be a people mover, not a people impresser.”

If we’re all being honest with ourselves, Leno makes a fine point. For the generation of Americans who grew up on hot rods and muscle cars, the Chevrolet Volt is something of an appliance meant to be safe, efficient and environmentally friendly. Those aren’t exactly the kind of attributed that stir up the emotions of petrolheads. But that’s kinda the point.

As Leno himself points out of the Chevy Volt, “I think it’s great technology.” And it clearly is. In fact, it’s the likely future of automotive transportation. “There is a particular audience that is all about advanced technology and green transportation,” responded GM spokesperson Rob Peterson. “For people like that, the Volt has that cachet. It’s kind of like an iPhone. An iPhone is still a cell phone with a lot of capability in it.”

Perhaps that’s an apt comparison. Telephones and even mobile phones started out as appliances meant only to perform a basic function. Just as the iPhone revolutionized what the general public thought could be done with a phone, the Volt has the potential to revolutionize the kind of efficiency Americans have come to expect from their daily drivers… and it will certainly attract plenty of attention. With or without a glowing recommendation from Jay Leno.

Oh, and for what it’s worth, Leno says he’s excited about the Volt’s launch later this year and may in fact buy one. Just maybe not from the first batch, we surmise.

Gallery: 2011 Chevy Volt

[Source: The Detroit News]

Jay Leno a Chevy Volt intender? Umm… not so much originally appeared on Autoblog on Wed, 21 Jul 2010 12:31:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments

Continue reading “Jay Leno a Chevy Volt intender? Umm… not so much”

Chevrolet Volt will not be rated at 230 mpg; Victory Red paint debuts

Filed under: Hybrid, Sedan, Government/Legal, Chevrolet, GM, Design/Style, Electric

Chevrolet Volt in ‘Victory Red’ – Click above for high-res image gallery

Remember how big a deal General Motors made about the upcoming 2011 Chevy Volt’s supposed 230 mile per gallon EPA fuel mileage rating? Well, you can now forget about it. According to USA Today, the Feds have decided not to use the preliminary testing procedure that produced that mythical 230 mpg figure, and a new methodology for rating electric vehicles has yet to be finalized. Don’t expect a revised mileage figure any time soon. In fact, an actual mpg equivalent rating may not come until the Volt is just about ready to hit the market at the end of the year.

This revelation was revealed this afternoon during an event at GM’s Michigan battery plant in Brownstown Township, and we were in attendance. When we arrived, we were greeted by the sight of the first-ever red Chevrolet Volt. This “Victory Red” example is one of between 30 and 40 manufacturing validation vehicles built so far at the Detroit-Hamtramck assembly plant. Those cars were preceded by about three dozen production verification cars built since late March of this year. This particular example was built about one week ago.

In the next two to three weeks, General Motors will start building so-called “salable” Volts that will go into the captured test fleet for GM employees to accumulate miles and catch any last minute glitches before the cars enter full production in November.

What do you think – does Victory Red suit the Volt? Have your say in ‘Comments.’

Gallery: Chevrolet Volt in ‘Victory Red’

Photos by Sam Abuelsamid / Copyright (C)2010 Weblogs, Inc.
[Source: USA Today]

Chevrolet Volt will not be rated at 230 mpg; Victory Red paint debuts originally appeared on Autoblog on Wed, 14 Jul 2010 18:56:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Continue reading “Chevrolet Volt will not be rated at 230 mpg; Victory Red paint debuts”

General Motors announces 8-year/100,000-mile warranty for Chevy Volt battery

Filed under: Hybrid, Sedan, Technology, Chevrolet, GM, Electric

Chevrolet Volt battery pack – Click above for high-res image gallery

During a media briefing at its Brownstown Township, MI battery plant this afternoon, General Motors Vice Chairman Tom Stephens announced that the lithium ion battery pack for the 2011 Chevrolet Volt would be warranted for eight years or 100,000 miles. Since the beginning of the program, it has been General Motors’ intention to develop the battery pack to last for the life of the vehicle.

Despite the fact that the Volt is considered an electric car by GM, the presence of an on-board gas engine for range-extending means that the EPA and California Air Resources Board consider the battery to be part of the car’s emissions control system. As a result, it is subject to the same regulations as parts like a catalytic converter, and therefore, it must have the eight-year warranty.

GM has released some additional specifications on the battery pack. In its final production form, 95 percent of the components were designed and developed in-house by GM, it weighs in at 400 pounds and has an output of 110 kilowatts. Internally, the water-cooled pack consists of 288 LG Chem lithium polymer cells. Over the next few months, GM will be ramping up the production rate at Brownstown in preparation for the start of Volt production this Fall.

Gallery: 2011 Chevrolet Volt battery pack

General Motors announces 8-year/100,000-mile warranty for Chevy Volt battery originally appeared on Autoblog on Wed, 14 Jul 2010 16:58:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Continue reading “General Motors announces 8-year/100,000-mile warranty for Chevy Volt battery”