Posts Tagged ‘chevrolet’

GM studying how to double or triple Chevy Volt production

2 chevrolet volt battery copy 416x300 GM studying how to double or triple Chevy Volt production

How’s your math? If you have 240,000 “potential buyers” but only 10,000 vehicles to sell them in the first year, what can you do? If you’re General Motos and the item in question is the Chevrolet Volt, then you look for ways to seriously increase the number of Volts you can build (and, of course, sell).

That’s exactly what CEO Dan Akerson says his company is trying to do, looking to double or triple production rates of this very important car. The problem, according to GM North America President Mark Reuss, is the bottleneck created by the limited number of battery cells that vendor LG Chem can produce for GM. The current plan is to make around 10,000 in 2011 and 45,000 in 2012. That 2012 number has already been increased from 30,000.

Upping the production numbers is good for GM for another reason. According to Steven Rattner, who was President Obama’s former auto bailout chief and worked intimately with GM, “At least in the early years, each Volt would cost around $40,000 to manufacture (development costs not included).” GM won’t confirm this number, but increased production will get the company, presumably, better economies of scale and thus lower production costs.

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Be the first to comment - What do you think?  Posted by dailycar - December 2, 2010 at 9:12 am

Categories: GM   Tags: ,

Honda Insight gets much cheaper base model, new features for 2011

insight630 450x263 Honda Insight gets much cheaper base model, new features for 2011

The slow-selling Honda Insight hasn’t exactly stolen any of the Toyota Prius’ thunder since its introduction last year, and with new green cars like the Chevrolet Volt and Nissan Leaf ready to join the battle, the future of Honda’s hybrid hatch doesn’t look too bright. Still, the Japanese automaker has given the Insight a host of improvements for the 2011 model year, including a new base model that retails for $18,950 (including the $750 destination charge).

So, what do you lose gain with the base Insight? For starters, a downgraded stereo system is on hand, with a single CD player and two – yes, two – speakers. Audiophiles need not apply. Remote entry is standard on the base Insight, but if you want amenities like cruise control, a USB audio interface, center armrest and floor mats, you’ll need to opt for the mid-grade LX trim. In other words, the new price leader is something of a municipal and fleet special. On the opposite end of the spectrum, the pricier EX now comes standard with steering wheel-mounted audio controls and can be optioned with navigation.

The Insight’s 1.3-liter inline-four with Honda’s Integrated Motor Assist carries over largely unchanged, with fuel economy rated at 40/43 miles per gallon, city/highway. 2011 Insight models are arriving at Honda dealers as you read this, and for the full details on what’s new, follow the jump for Honda’s press release.

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Be the first to comment - What do you think?  Posted by dailycar - December 1, 2010 at 10:56 am

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GM shows off first model from new Baojun brand in China

01 baojun 630 passenger car 1290478212 450x271 GM shows off first model from new Baojun brand in China

General Motors, through its joint venture with SAIC and Wuling, has produced the first model for its new entry-level brand Baojun. The name means “treasured horse” and its first model is evocatively called the 630 Passenger Car. The compact four-door is slated to go on sale in China sometime in the first half of 2011, and the very first example has just rolled off the production line.

The styling of the Baojun 630 has some lines that remind us of the Chevrolet Cruze, but there is also a handful of other influences evident throughout this five-seater. We’re not sure exactly what’s under that hood, but we do know it’s supplied by GM and meets local as well as Euro IV emissions standards.

Baojun is hoping to capture first-time buyers in China’s second and third-tier markets. Early reports pegged the 630 with a price tag of around $7,000, and we are still waiting to hear an official ruling on the MSRP.

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Be the first to comment - What do you think?  Posted by dailycar - November 24, 2010 at 10:32 pm

Categories: GM   Tags: ,