GM says Chevy Volt still on track for 2010 launch

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DETROIT | Mon Jan 12, 2009 8:45am EST

DETROIT (Reuters) - General Motors Corp said on Sunday that its Chevy Volt is still on track for a 2010 launch.

Highlights:

* Vice Chairman Bob Lutz says GM has growing confidence lithium-ion battery technology is 'reliable'

* Vice Chairman Lutz says U.S. economic stimulus package 'absolutely matters' for auto industry

* Vice Chairman Lutz says U.S. economic stimulus package could include 'heavy federal incentives' for buying fuel-efficient vehicles

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