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Update on the Chevy Volt

By Jon Lauckner
Vice President Global Program Management

I’ve been reading some of the comments in the news and the blogosphere today about the Chevy Volt program and felt compelled to squash some of the rumors. The development of the Volt remains on-schedule despite the ongoing talks in Washington, D.C. It is one of the highest, if not the highest, priority programs in the company and that hasn’t changed, nor has the commitment of resources to fund it. In fact, with the successful completion of each development activity, we have more confidence than ever the Volt will start production as planned in late 2010.

As an example, shown below is a picture of Rick Wagoner with one of our latest Volt development vehicles in Washington, D.C. These Generation II prototypes have a production-intent propulsion system and battery pack in a Chevrolet Cruze body. In fact, we finished building the last of the 33 vehicles in this hardware stage last week. And, we’re already finalizing the engineering for our final prototypes, which will begin testing in July 2009. So those of us involved in the development of the Volt are focused well beyond the current discussions in Washington, D.C.

It is true that, due to our current liquidity situation among other things, we have temporarily suspended some construction activities at the new engine plant in Flint. This has no impact on our production timing for the Volt or the Chevy Cruze. Moreover, our global manufacturing process is flexible enough to construct this plant within a year, and the planning activities that require less cash upfront are continuing in Flint.

I realize some of you will remain skeptical of the Volt program and its timing, that’s just human nature; but I ask you to reserve judgment until 2010. Until then, know that work on the Volt remains on schedule.

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