GM Plans on Selling 70,000 Volts in Two Years at $40,000

In an e-mail sent to the Free Press on Thursday, GM’s Vice Chairman Bob Lutz told the website that the automaker is planning to manufacture 10,000 examples of its plug-in electric Chevrolet Volt in 2011, the hybrid’s first full year of production, and another 60,000 units the following year. Lutz also told Freep that the Volt will go on sale by November 2010 at a price around $40,000, though understandably, since we're talking about it two years ahead of its introduction, the price could go up or even down by then.