General Motors Co. is planning to shift the production of its 2016 Chevrolet Volt project from Mexico to Michigan. An official announcement about the same is expected to be delivered by the GM’s Chief Executive Mary Barra at the Detroit Economic Club.
GM’s redesigned, gasoline-electric technology fused hybrid 2016 Volt is slated to go on sale by the second half of 2015. The unit of engine production of this project is also set to be shifted to Michigan, hints the company.
The new 2016 Volt model will come fitted with a four cylinder 1.5 liter engine to be built in Flint – GM’s Michigan based engine factory which also builds the current, 1.4 liter engine featured by the current model of Volt.
The unit for electric drive feature to be featured in the new 2016 volt model, termed sometimes as the Volt transmission, is set to be built next year at GM’s transmission plant located outside Detroit.
It is being stated that nearly 70% of Volt’s parts will be sourced in the U.S. by 2016. When the Volt was first introduced in the 2010, nearly 50% of its parts were manufactured out of the U.S.
GM’s Volt and the pricey two-door luxury car Cadillac ELR are currently assembled at GM’s Detroit based plant.
Though GM is currently plagued by a flood of recalls, it has recently declared that its profits in the third quarter of this year were higher than expected. This positive result provides a respite for the company from its state of constantly receiving negative news this year. Amid all this, the hints about the possible developments in the 2016 Volt transmission project surely serve as a big relief for the No. 1 U.S. automaker.