Chevrolet will offer a cheaper version of the redesigned 2016 Volt

Article by Christian A., on April 11, 2014

Chevrolet plans to introduce two versions of the redesigned 2016 Volt -- a standard model and a lower-priced hybrid having a smaller battery pack and shorter driving range, reports Reuters citing supplier sources. Sources also told Automobilwoche that Opel is also planning a smaller version of the new Volt.

The redesigned Volt is due to be built around 16 months at General Motors’ Detroit-Hamtramck site. Chevrolet spokesman Mike Albano remarked that they have found a formula that works for Volt customers and they are going to “deviate from that formula."

In 2013, GM North America President Mark Reuss said that the carmaker could take "thousands of dollars" out of the cost of new Volt. Since launching the first-generation Volt 39 months ago, Chevrolet has so far sold just 58,158 units, despite cutting prices and offering heavy discounts.

GM recently announced that it will invest $384 million to upgrade tooling and equipment at Detroit-Hamtramck to build the next-generation Volt "and two future products."

Detroit-area suppliers privy with GM's plans told Reuters said the future products are a new flagship sedan for Cadillac in late 2015 and a redesigned Buick LaCrosse midsize sedan in spring 2016.

According to suppliers, the 2016 Volt will have the same underpinnings as the next-generation Chevrolet Cruze, which production will commence in late 2015 or early 2016. The standard Volt won’t be heavily modified away from the current model, which has starting price of just under $35,000 and has a driving range of up to 380 miles (610 km).

The lower-cost Volt will have a starting price of just over $30,000 and will have a driving range of less than 300 miles (480 km), and will have less equipment. Chevrolet’s Volt strategy is similar to Tesla Motors Inc., originally offered its Model S with a choice of three different battery packs at three different price points.

If you liked the article, share on:

Pin It

Comments

Recommended

To the proud owners and owner-to-be of the Porsche 991 Carrera GTS, there's good news for you all. German automobile manufacturer Porsche recently confirmed to the public that the Porsche...
by - March 23, 2017
McLaren diehards, this is the moment that you're all waiting for. The British automaker recently publicized the teaser outline of its new automobile that will hit the streets soon, dubbed...
by - March 23, 2017
PSA seems very confident about conquering the world. The purchase of Opel/Vauxhall for €2.2 billion ($2.3B) from General Motors makes PSA the second largest car company, just behind the Volkswagen...
by - March 23, 2017
Reporting for duty. It’s been a year since the Victoria Police was loaned a new Mercedes-AMG GLE 63 S Coupe. In those 12 months, the coupe served as the law...
by - March 23, 2017
After making its debut at the Paris Motor Show last year as a concept car, the Trezor by Renault managed to bring home the 2016 Concept Car Design Of The...
by - March 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries