GM Commited To Electric Technology

Wed, 03/31/2010 - 11:18am

CNNMoney reporter Poppy Harlow speaks to Bob Lutz, vice chairman of GM, about the upcoming Chevrolet Volt, and why it's such a revolutionary product for the company. Lutz says the Volt is the car he's most proud of in all his automaking years, considering the brand new and "very expensive" technology that has been mated together within the chassis. According to Lutz, the car will not be profitable in its first generation, but considers it a "commitment to the future." If all goes GM's way, they'll be ahead of the electric curve throughout the next decade.

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