Remember the Chevrolet Volt we were talking about a few weeks back? Well it looks like GM is going to put a hold on the whole Chevrolet Volt Program. The financial crisis has hit all major automakers so Chevrolet will not only pause the program but it will go further to fire some of the Volt engineering team. The news leaked unofficially:
My uncle works on the Volt as an engineer. He’s getting laid off Friday because apparently the project (aka VOLT) is on hold indefinitely.
Probably we’re going to hear GM’s side of the story especially since Reuters said yesterday that GM is going to expand its R&D on hybrid electrics.
via Jalopnik
Tags: Chevrolet, GM, hybrid, Volt
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