Chevy on track for Volt to hit the road in 2010

Chevy has selected the Delta platform for the Volt -- the same one used for the Cobalt. This keeps the auto manufacturer on track for its goal of 2010 production of the series hybrid vehicle that was the star of the North American International Auto Show.

Excerpt:

"We are doing the production engineering on the Chevrolet Volt," says Larry Burns, GM's vice president for r&d. "It is a formal product program within our company, just like the Chevrolet Malibu is a product program."

Last week, Burns listed the steps in the program:
  • GM has allocated funds for development.
  • Engineering work is under way.
  • The development team has selected the next-generation Delta platform for the vehicle.
  • GM has decided to develop two versions, one with a gasoline engine and the other with a fuel cell.
Burns declined to estimate the project's cost. But GM Vice Chairman Bob Lutz predicted this year that the design, engineering and tooling would cost at least $500 million.

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