GM says that there’s been a “tremendous” growth in interest in the Volt over the last three weeks, leading to the decision to raise production capacity. A GM spokesman told us the company won’t need to expand its production facilities to accommodate the projected growth in output. He wouldn’t say whether the “growth in increase” reflects actual reservations for the car, which likely were spurred by this week’s Volt pricing announcement.
The announcement came after President Barack Obama toured the Hamtramck, Michigan, factory where the Volt will be built, and follows hot on the heels of news that the Volt will cost $41,000 new (before a $7500-max federal tax credit) or be available for lease from $350 per month.