• Jul 28th 2008 at 6:39PM
  • 12
Click above for a high-res gallery of the Opel Flexstreme.

The first Chevy Volt and its E-Flex brethren are still more than two years away, but vice chairman and corporate quote machine Bob Lutz is already targeting 2020 for 1 million annual worldwide sales. The lofty target would go a long way towards the General's goal of meeting tough fuel economy and CO2 standards in the U.S. and Europe, while also providing customers a mass-market choice that can run mainly on electricity. While E-Flex will be a big part of GM's long-term plans, the technology will be slowly introduced to the buying public and ramped up as battery costs drop. Europe will get 30,000 E-Flex equipped vehicles in 2011, but at a starting price of about £32,000. GM introduced its E-Flex based Flextreme concept last year at the Frankfurt Motor Show.

We're excited about any vehicle that promises 40 miles on electricity alone and 150 mpg or more for extended driving. Here's hoping we see 1 million units in 2020 or even before, and lets hope Mr. Lutz, who will be nearly 90 by that time, is around to see it.

[Source: Times Online]

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    • 1 Second Ago
      • 7 Years Ago
      40 miles on electricty will be nothing but a joke 11 years from now. Are they serious??@!
      • 7 Years Ago
      I'm tired of people making predictions decades into the future. These cars don't even exist yet.
        • 7 Years Ago
        You'd do well in business, I think.
      • 7 Years Ago
      I don't think Volt is going to make it to the market, forget about "E-Flex".

      • 7 Years Ago
      Thats a bit slow aint it?
      • 7 Years Ago
      Fact is, GM is expected to run out of money, at their (new) current burn rate taking into consideration the cuts just made, in October 2011. That assumes exactly the same sales rate (the lowest market total in more than a decade) and mix (obvious market correction to $4/gallon gas). It also doesn't consider the huge cash flow savings the current UAW agreement will see starting in January 2010. However, if they do go out of business, the Volt will be fully developed for a big Japanese or European interest to buy it up.

      Hmm, I wonder those companies aren't just developing it themselves...

      Oh, and the Prius has been produced for 10 years now and Toyota is promising 480K units NEXT year. So reaching 1M in 9 years sounds not-so-slow to me.
        • 7 Years Ago
        I agree with you. The way people think about GM versus Toyota is different. It's like they want GM to go out of business. How stupid and sad at the same time, that Americans would want a great American icon to go out of business. If that trend continues, this country is doom. I feel bad about the younger generation but I think they are bringing it upon themselves.
      • 7 Years Ago
      With GM predicted to run out of money by Fall 2009 I wonder who will build them?
      • 7 Years Ago
      So what guys, when Bob says something will be delayed a year, or describes some less-than-wonderful statistic about a GM car, it's Gospel. But when he makes a statement about a sales goal it's all nonsense?

      Nice double standard.
      • 7 Years Ago
      "Oldsmobile Banks Comeback on New Sedan.

      Knight Ridder/Tribune Business News

      Mar. 31 (1999) -- NEW YORK -- Oldsmobile will show off a big part of its come-back strategy today when the 2001 Oldsmobile Aurora sedan makes its debut at the New York International Auto Show...

      ...Oldsmobile's redesigned flagship is part of General Motors Corp.'s campaign to rebuild its crumbled car market with a new generation of contemporary models...."

      Predicting the future is fun!!!
      • 7 Years Ago
      Great concept. This is the most beautiful car ever made by Opel. It has an excellent design but little bit conventional.
        • 7 Years Ago
        I agree. I don't care what powers it, this is one cool vehicle and should be built. Don't think that rear split window will make it to production though.