Hybrids – Vehicles, Battery & Hydraulic Technology

Volt to be Auctioned Online to Benefit Detroit Schools

November 30, 2010

DETROIT - The first Chevrolet Volt available for retail sale will be offered at public auction, with the proceeds benefiting math and science education in the Detroit public schools, General Motors announced.

"Every aspect of the Volt -- from its aerodynamic shape to its battery chemistry -- is a testament to the importance of math and sciences," said General Motors North America President Mark Reuss. "By encouraging Detroit-area students to pursue these topics, we hope to cultivate the next generation of engineers who will build upon the Volt's innovative technologies."

Reuss announced the auction during an event at Detroit-Hamtramck Assembly, where the Volt is assembled. At the event, Reuss said the first Volt built during regular production will be retained by Chevrolet in recognition of the team's efforts to bring the car from concept to reality. The first Volt bearing the vehicle identification number ending in BU100002 will be auctioned with all proceeds benefiting the Detroit Public Schools Foundation.

The Volt offered in the auction has a "Viridian Joule" exterior, light neutral interior with dark accents, premium trim package, rear camera and park assist package, and polished wheels. The auction also includes a 240-volt charging station and home installation. The opening bid is $50,000.

Bids for the first retail Volt will be accepted at www.bidonthevolt.com until 6 p.m. on Dec. 14. The winning bid will be announced by Chevrolet on Dec. 16. The winner's Volt will be delivered in December.

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