Suprising news out of the Geneva Auto Show today. Wayne Brannon, Chevrolet Europe President announced that the Chevy Volt will soon go on sale in Germany, Europe's most prosperous economy.
"We believe the Volt is the best solution on the planet today for worry-free electric driving", said Brannon. "Our price in Europe is based on the U.S. Volt price adjusted for transportation cost, import duties, exchange rates and homologation." The Volt will be sold for Eur 41,950, VAT included. The average car price in Germany is about 25,000 Euros. The Volt will come with an 8 year 160,000 km warranty. This translates to the same 100,000 mile warranty they have offered here in the states.
Opel is a German automobile company founded by Adam Opel in 1862. Opel has been building automobiles since 1899. The company is headquartered at the Adam Opel Haus in Russelsheim, and has been a wholly owned subsidiary of GM since 1929. Unfortunately, it hasn't had the best reputation for quality over the past few decades. Perhaps this is the reason GM has decided to launch the Volt first. Get the technology out there, then when you launch another brand with the same technology inside for a lower price perhaps the consumer will feel more at ease making the purchase.
I've always believed E-Rev cars will explode in Europe far faster than they will in the States. Not only do Europeans not have the space to own additional automobiles, we all know gas over there is ridiculously high. Although so is electricity. Perhaps the Socialist European economies (and I'm not saying that in good or a bad way) will make it easy for electric car owners to finance the 7 or 8 solar panels necessary to charge their cars each day. If we could do that in the States and our government could guarantee low or zero interest loans it would be far cheaper to have panels on your garage roof than it would to buy gas or even electricity. Also, there would be no additional drain on the electric grid.
So, is this a good move or a bad one? In our opinion here at the Chevy Volt blog, the more the merrier. The world has waited long enough for E-Rev's, so why wait a minute longer.
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