Report: GM's Lauckner says Volt could cost under $40,000

We seem to know nearly everything there is to know about the 2011 Chevrolet Volt. Well, everything but one of the most important pieces of its environmentally friendly puzzle, that is: How much will it cost? Predictions vary widely, with the $40,000 mark widely bandied about as a likely target – though whether or not that figure arrives before or after a federal $7,500 tax credit is complete speculation. For its part, General Motors has said it won't set final pricing until late 2010.

Throwing a wrench into the Volt-price-guessing works is none other than GM's own head of global program management, Jon Lauckner, who has reportedly told The Wall Street Journal that the extended-range electric vehicle could hit the market for well under that preconceived $40K level. Fortunately, "We have until this summer to figure that out," he said. Perhaps we can create ourselves a Price is Right-style contest?

The notion that GM may launch the Volt earlier than initially planned – possibly as early as this upcoming summer or fall, well before the expected launch in November – is also reportedly being discussed by GM's top brass. Regardless of when the first few units hit the market, don't expect to see a national launch outside of a few carefully selected regions until well into 2011. Thanks for the tip, Berto!

[Source: The Wall Street Journal]