facebook
twitter
rss
account
search
search
 

GM to hire 1,000 with Volt out of the box

Nov. 30, 2010 at 2:42 PM   |   Comments

| License Photo
DETROIT, Nov. 30 (UPI) -- U.S. automaker General Motors Co. said it would hire 1,000 engineers to ramp up its technical prowess as the first for-sale Volt rolled off the assembly line.

GM Chief Executive Officer Dan Akerson announced the decision meant to cover the company's white-collar hiring in Michigan for the next two years after stepping out of GM's first production Volt, a battery-powered vehicle with a small gas engine that recharges the battery as it goes.

"We hope to cultivate the next generation of engineers who will build upon the Volt's innovative technologies," said Mark Reuss, GM's North America vice president.

"Every aspect of the Volt -- from its aerodynamic shape to its battery chemistry -- is a testament to the importance of math and sciences."

Backing up his remarks, GM said it would auction the first Volt and donate the proceeds to Detroit's public school system.

The car, GM's second venture into alternative energy vehicles, is expected to have a sticker price of $41,000.

Akerson said the Volt was priced "close to cost," which makes it unlikely to be a big money-maker for the company. But Reuss said the Volt was an "investment in the future of the company and we will ride cost down on the technology."

GM's first alternative-powered car, the EV1 was discontinued after three years with GM losing about $1 billion on the vehicle.

Topics: Dan Akerson
© 2010 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Fireball Cinnamon Whisky recalled in Europe for antifreeze ingredient Fireball Cinnamon Whisky recalled in Europe for antifreeze ingredient
2
Eni makes major oil find offshore Congo Eni makes major oil find offshore Congo
3
U.S. sinks $25 million in funding for renewables U.S. sinks $25 million in funding for renewables
4
U.S. average gas price headed below $3 U.S. average gas price headed below $3
5
Elon Musk: We are 'summoning a demon' with artificial intelligence Elon Musk: We are 'summoning a demon' with artificial intelligence
Trending News
Around the Web
x
Feedback