How GM's failure will affect the Volt?

After General Motors Failure, will Volt still be released as predicted, delayed or simply be abandoned?

GM's bankruptcy and control by the US government will be decisive in keeping the Volt up float. Only time will tell if GM's failure will affect Chevy Volt, and while it might not be commercially viable in the short-term, any Research & Development of Electric cars is a long to very long-term investment that will inevitably produce good results, since the whole industry will eventually move to Hybrid and pure electric vehicles in the next decades.

The government might even try to sell the Volt to other interested parties, but I believe the end result will be the same, the Volt will come out to the public, even if delayed, with different looks or even another company using the Volt brand.