MEDIA INFORMATION March 4, 2011 Chevrolet Volt to go on sale for €41,950 Germany price announced at Geneva Motor Show press conference Standard eight-year/160,000 km warranty on battery and powertrain Zurich. The award-winning electric car with extended-range capability, the Chevrolet Volt, will be offered for a price of €41,950 (including VAT) in Germany. This was announced in the Chevrolet press conference at the Geneva Motor Show 2011. The Volt will come fully equipped with all the safety features you would expect and a host of convenience features, including leather seats. Similar prices can be expected for other euro markets. European Chevrolet customers will have the same unprecedented standard eight- year/160,000 km warranty as U.S. customers on the Voltec powertrain and the advanced lithium-ion battery. It is the automotive industry's longest, most comprehensive battery warranty for an electric vehicle. "We believe Volt is the best solution on the planet today for worry-free electric driving", says Wayne Brannon, President and Managing Director of Chevrolet Europe. "Our price in Europe is based on the U.S. Volt price adjusted for transportation cost, import duties, exchange rates and homologation." The Chevrolet Volt is designed and engineered to be the only car in the household. It is the world’s first electric vehicle with extended-range capability, a four-seater that can drive between 40 and 80 km electrically with a small fuel-powered generator that sustains the battery charge to extend the range to about 600 km in total. Due to its instant torque of 368 Nm the Volt only needs nine seconds from 0-100 km/h and achieves a top speed of 161 km/h. To charge the battery all you need is a normal household 230-Volt power outlet. The charging will take between three to four hours. Since late 2010, the Volt has been on sale in the first seven U.S. launch markets (California, Connecticut, Michigan, New Jersey, New York, Texas, and Washington, DC). Thanks to the high demand, it was decided to speed up the national rollout so the Volt will be sold in the remaining U.S. states by the end of 2011. The Volt will reach European Chevrolet showrooms in November of 2011, just in time for Chevrolet’s 100th birthday. Chevrolet plans to produce 10,000 Volts by the end of the 2011 calendar year, and an additional 45,000 Volts during the 2012 calendar year. The Chevrolet Volt is produced at GM’s Detroit Hamtramck plant in Michigan, U.S.A. The state-of-the-art lithium-ion battery is produced at GM’s Brownstone Township plant, also located in Michigan. Chevrolet Europe GmbH Phone +41 44 828 29 00 www.media.chevroleteurope.com Stelzenstrasse 4 Fax +41 44 828 29 99 www.chevroleteurope.com 8152 Glattpark Switzerland 2 About Chevrolet Chevrolet is General Motors' largest global brand with annual sales of about 4 million vehicles in more than 130 countries. It is the fourth biggest global car brand in terms of sales and also one of the fastest growing brands in the world. Chevrolet cars combine passion, bold design and practicality. They provide outstanding value for money. After re- launching the brand in Europe in 2005, Chevrolet more than doubled its sales to over 500,000 in 2008. In 2010, Chevrolet grew its market share in Europe to 2.5 percent, selling 477,194 cars. Chevrolet has a network of more than 2,700 dealers and service points in Europe. The Chevrolet line-up includes the Spark city car, the small Aveo, the compact four- door Cruze, the Captiva SUV and the legendary Corvette sports car. In 2011, Chevrolet is launching seven new cars: the all-new Orlando family van, the new Captiva SUV, the Corvette Grand Sport Coupé, the all-new five-door and four-door Aveo, the five-door Cruze, the Camaro coupé and convertible and the award-winning extended-range Volt electric car. Chevrolet's biggest markets in Europe are Russia, Italy, Germany, Spain, France and Turkey. Established in the U.S. by Swiss émigré Louis Chevrolet in 1911, the brand is celebrating its centenary in 2011. More information on Chevrolet can be found at http://www.chevroleteurope.com or http://media.chevroleteurope.com. Contacts: Marc Kempe Cornelia Harodt Chevrolet Europe Chevrolet Europe Phone +41 44 828 2980 Phone +41 44 828 2534 Mobile +41 79 201 5752 Mobile +41 79 514 44 21 [email protected] [email protected] Chevrolet Europe GmbH Phone +41 44 828 29 00 www.media.chevroleteurope.com Stelzenstrasse 4 Fax +41 44 828 29 99 www.chevroleteurope.com 8152 Glattpark Switzerland .