From the “how did we miss that?” file comes this Automotive News [sub] story, filed at the beginning of the week, which asked GM Europe boss Nick Reilly about plans for Volt-based variants. Reilly replied

We won’t do it with this generation, and that will run to 2015. You’d have to wait until after that until you see it.

Which is peculiar, considering GM just announced that it will build a Cadillac Converj-style Volt variant at some point. GM has also shown a near-production-look Volt MPV5 Concept, although that has never been confirmed as a future production model. But Reilly explains that current Volt’s slow ramp-up and “expensive technology” have doomed any possibility of a Volt family of vehicles before the next generation drivetrain launches.

According to the Detroit News, the Cadivolt is go! Not that the announcement comes as any huge surprise: when has GM ever invested heavily in a new platform and not built a Cadillac version? On the other hand, when was the last time GM built a $40k Chevrolet? More importantly, where does the Caddy version’s price go from there?