08/31/2010

2011 Chevrolet Volt's China Offensive Kicks Off

Just the Facts:
  • GM announces the arrival of the first "drivable" 2011 Chevrolet Volt in China.
  • GM delivered two Volts to the Shanghai Expo Bureau for use as part of its VIP transportation fleet at World Expo 2010 Shanghai.
  • The Volt will launch in China in 2011.

SHANGHAI, China — GM on Tuesday announced the arrival of the first "drivable" 2011 Chevrolet Volt in China, but consumers there still have some unanswered questions about the highly anticipated car. GM has yet to announce Volt pricing in this key global market.

In a phone conversation with Inside Line on Tuesday morning, GM spokesman Rob Peterson said that Volt pricing will not be announced anytime soon, even though the automaker has heralded the arrival of the Volt in China. "We're still a few months away from pricing [in China]," Peterson said. The Volt will launch in China in 2011.

On July 27, GM said U.S. pricing for the Volt will start at $41,000, including a $720 destination charge. Volt owners can qualify for up to $7,500 in U.S. federal income tax credit.

GM said the two Chevrolet Volts on the ground in China have been delivered to the Shanghai Expo Bureau for use as part of its VIP transportation fleet at World Expo 2010 Shanghai. "The Volt will shuttle special guests to and from Shanghai's Expo Park and demonstrate GM's pathway to its vision of sustainable urban transportation," GM said in a statement.

China is one of the initial markets outside of the U.S. to get the Volt.

edmunds INSIDE LINE

Aug 31, 2010 3:37:00 PM | Automobiles, Business, Current Affairs

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