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Rumor: GM To NOT Put Chevy Volt Program On Hold, Cut Engineering Staff Tomorrow

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Rumors of tomorrow's "important changes" at GM have approached a fevered pace, but the latest one we've heard is coming directly from someone who's directly related to someone who could be directly affected if the rumor is true. So, it must be true, right? Anyway, we've just been told by the family of a Chevy Volt engineering team member that not only is the untouchable Volt program on hold, GM's even letting some of the engineering team, aka "the chosen people," go. Hit the jump for the full rumor. UPDATE: One PR source is telling us this morning that the Volt program is definitely not on hold and another is telling us all options are still on the table. We guess we'll find out later today. UPDATE #2: We're now being told, more vigorously this time, that there's no plan to cut the program.

"My uncle works on the Volt as an engineer. He's getting laid off Friday because apparantly the project (aka VOLT) is on hold indefinitely."

We've put in a call to GM PR to ask them about the veracity of our tipsters claim, but we've yet to receive a response. We'll let you know when we've got more to tell you — but in terms of reliability, it would mean yesterday's Reuters report claiming GM was expanding R&D spend on hybrid electrics was total baloney. I hate baloney. Even when it's fried.