The current and next-generation Volt will continue to be built at GM’s Detroit-Hamtramck Assembly Plant.
The Volt has not met sales expectations set in 2011 by former CEO Dan Akerson, who wanted production to hit 60,000 annually by 2012. Since the plug-in hybrid was launched in late 2010, GM has sold about 69,000. Last year, GM lowered the price by $5,000 to boost sales.
Barra would not give volume targets for the newest Volt, saying she thinks GM has learned its lessons from sharing overly optimistic sales goals.
Barra wouldn’t comment on whether the Volt is profitable; she said GM doesn’t comment on profitability of specific car lines. She also declined to say whether the sticker price of the 2015 Volt would be lower, and wouldn’t say if it would be offered in multiple models.