It was a big deal when, back in September, GM CEO Rick Wagoner and Michigan governor Jennifer Granholm were on hand to announce that GM would spend $370 million dollars for a 552,000 sq ft plant to build the engines for the Chevy Volt and Cruze. In a much quieter announcement today, GM said that construction on the plant will be delayed. The reasons: the poor economy and GM's lack of money.
Volt fans, don't worry. GM is still claiming that the Volt (and the Cruze) are still on track for a 2010 release date. GM has previously told us that any cutbacks will have "no impact" on the Volt program. No word yet on any changes to the fate of the Hamtramck plant where the Volt itself is to be put together.