The Big Three CEOs have the right idea this time. We’ve already told you that Ford CEO Alan Mulally will drive to Washington in a 2009 Ford Escape Hybrid. Now we have word that General Motors CEO Rick Wagoner will be piloting a Chevrolet Volt prototype to the hearing. Meanwhile, Chrysler’s CEO Bob Nardelli will be making the trip in a Chrysler Aspen Hybrid.
GM will take advantage of the media hype to show Congress that their company has an innovative and fuel-efficient future. What better way to show it, than with the company’s upcoming electric car?
Although, Wagoner will be making part of the journey in a Chevrolet Malibu Hybrid and the Volt that he will actually be driving is a mule based on the upcoming Chevrolet Cruze. In the hearing, GM plans to show off a production version of the 2011 Volt to further showcase its technology. The Volt will go 40 miles on electricity alone before switching to its gas powered generator where is it rumored to get close to 100 mpg. When the Volt goes on sale it will boast a $7500 tax credit.
Not passing up any press opportunity, GM will bring a Volt show car to Capitol Hill as well to put on display when Wagoner rolls up to the Russell Senate Building. He will briefly talk to the public before making his plea to Congress.
GM will be requesting $18 billion in emergency loans, and needs $4 billion right away in order to make it throught the rest of the year. It has vowed to spend $758 million over the next three years on the Volt’s development and its technology.
Source: Detroit Free Press