"It still hasn't been built and it may not hit showrooms by the time people have been projecting. Yet, it's causing a puzzling amount of angst for investors and auto fans.
I'm talking about the Chevy Volt, an electrically driven car GM is developing. Yesterday, in an on-line chat, GM Chairman Rick Wagoner said the Volt may not be ready by 2010 as originally projected. The reaction on Wall Street puzzled me--GM stock sold off.
GM has never said it's a sure thing the Volt will roll into showrooms by 2010. Sure, they said that the goal is to be ready by then, but in every interview I've ever done or seen with GM execs have always said that their are numerous technological hurdles to overcome. Apparently nobody listened to those words of caution. "
http://www.cnbc.com/id/22503108