20,000 members on Volt’s waiting list
Over 20,000 people have expressed interest in buying a Chevy Volt when it arrives by signing up on GMVolt’s virtual waiting list. It still isn’t clear how much the Volt will cost, although most estimates put it around $35,000. Also not clear is how many Volts will be produced in the first model year, estimates put that at at least 10,000.
There are about 4000 Chevy dealerships, so if only 10,000 cars should be made, how will they be distributed? GM vice-chair Bob Lutz has mentioned the possibility of early distribution to “smile states” such as California, New York, Washington D.C., and Florida, but also indicates that final plans haven’t been made yet.
GM Volt will be powered by a 160-hp electric motor that will allow it run on electricity for up to 40 miles. Recently Bob Lutz was reported saying that the price of the Chevrolet Volt could reach about $48,000. Lutz said that $40,00 would be possible only if GM doesn’t make a dime on the car.