We have a teaser of an interview that GM CEO Rick Wagoner gave to the German Publication Frankfurter Allgemeine Zeitung which will be published tomorrow.
He is reportedly quoted as saying two very big things.
1. GM wants to put the Volt out by 2010 as opposed to the end of 2010.
2. They want to sell them for less than $30,000.
Wagoner is quoted as saying, “Our two challenges are lowering the cost of batteries and convincing consumers of the advantages of the Volt.”
I haven’t gotten access to the full interview yet, but I confirmed these statements directly with the author of the referenced press release. She told me the interview publisher’s quote is “GM has a clear goal: We want to put the Volt on the market in 2010, at a price of less than $30,000.”
[UPDATE: The full interview is out and doesnt really say any more than what we have above. It seems translation is still a factor here. Im looking for verification from inside GM. Translation by Google]
Source (Interactive Investor)
This entry was posted on Thursday, May 22nd, 2008 at 9:29 am and is filed under Financial, Release Date. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.