1971 Yenkon Nova Tribute on 2040-cars

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Why the Corvette is Chevrolet's billion-dollar baby

Edmunds has worked up a piece that tries to figure out just how much the global Chevrolet Corvette economy is worth, a spitballed guesstimate putting the number at more than $2.5 billion with the proviso that the number is probably low. It starts by taking Corvette's new car sales of 14,132 units last year, which would equate to $714,725,900 (including destination) assuming ever car sold was a base coupe with no options. In the final tally, a little extra padding gets that number up to $750,000,000.
But that's not all. Consider this: Many of the almost 1.4 million Corvettes produced over the model's history are still on the road. There are new parts being produced and aftermarket companies like Mid-America Motorworks deaing business, that single Illinois company doing more than $40 million a year in sales. There are the Corvette events large and small, restorers who do nothing but Corvettes, salvage yards that deal only in used Corvette parts and the Corvette magazines where owners find all this stuff.
And then there are the Corvette-themed tchotchkes, every single one of which provides a tiny contribution to the huge licensing royalties that General Motors collects every year. The article admits there's no way to come to an accurate number, but it just goes to show how valuable one specific model can be to a company.

2016 Chevy Volt will be available across Canada, unlike most of US [UPDATE]

UPDATE: The story's been updated to add a response from General Motors of Canada. It's not enough that the Toronto Blue Jays may be the most intimidating team in Major League Baseball. Now, it appears that our neighbors to the north will also have some bragging rights in regards to General Motors' Chevrolet Volt extended-range plug-in vehicle. Specifically, most of Canada will have access to the 2016 version before most of the US will. In fact, the car will be available in Canada before people can buy it in Michigan. A trip to Windsor, Ontario, anyone? The Volt, which will boast a longer plug-in range than the current version, could go on sale in Canada as soon as November, GM Authority says. The model's second-generation version may debut in California as soon as this month, and is slated to be sold later this year in the 10 other states that abide by the so-called CARB (California Air Resources Board) rules for zero-missions vehicles. Those states include Oregon, Maine, New York and Massachusetts. But not GM's home state of Michigan. Either way, the new generation model's debut can't come soon enough for the US automaker, as Volt sales in 2015 have seriously lagged the 2014 numbers because of people waiting for the new version. "We will receive the 2016 Volt in Canada this fall, starting with our key Volt markets in Quebec, Ontario and British Columbia," wrote General Motors of Canada spokesman George George Saratlic in an e-mail to AutoblogGreen. "Note these are also the three provinces that provide provincial incentives on EV purchases. We'll then roll out Volt to the rest of the country." Last week, details were revealed about the first sales of the 2016 Volt, where marketing efforts will be concentrated among the largest plug-in buying states in the union. The other 39 states will get their shot starting next year with the 2017 model-year variant. Related Video:

It's possible to go 111 miles on electricity in the new Chevy Volt

Wayne Gerdes at CleanMPG put the 2016 Chevrolet Volt in Premiere trim through a few closely watched on-the-road tests over a few days. One of them was a run from full charge to EV-only exhaustion, and at the end of the trip Gerdes had traveled 111.0 indicated miles on a single charge, 111.9 according to his Garmin. What's the catch? He guessed his average speed was about 20 miles per hour, which was 15 and 20 mph around town and "a few miles" at 50 mph on the highway. The EPA says the new Volt should go 53 miles on battery power. In the 2011 Volt, rated at 38 electric miles, Gerdes got 75.5 miles on a charge. The upshot is that at urban driving at average speeds should get drivers the EPA rated 53 e-mpg without fuss. He wasn't so impressed with performance in Charge Sustaining Mode, though. During one run that covered 101.2 actual miles in CSM, using 1.691 gallons, the Volt got 59.8 mpg. Speaking of driving in CSM only, Gerdes said it's less efficient here than in competitors from Toyota, Honda, and Hyundai, but that's one of the few performance-related complaints he had. Elsewhere around the PHEV, Gerdes liked improvements to the eight-inch display and rear-view camera, build and design quality, the much quieter ride, and the switch to regular fuel. The six-foot Gerdes found the cabin space still cozy, especially in the back where ingress and egress could be a challenge for people of a certain stature. He lamented the fact that he couldn't find instantaneous fuel and energy consumption or among the many readouts, and would prefer the sedan kicked into glide mode sooner. In spite of that, he declares the Volt II "a full blown electric car." Head over to CleanMPG for the rest of his assessment.