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GM cuts Volt electric car price by $5,000 for 2014 model

2013-08-06 14:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: General Motors Co (GM.N) said on Tuesday it is slashing the price of its Chevrolet Volt electric car by $5,000 to help boost demand for the plug-in hybrid in a segment still struggling to gain a foothold in the U.S. auto market. The price cut for the 2014 model will lower the price to $34,995, including delivery fees before federal tax credits. Pricing could fall as low as $27,495 with the tax credit. "We have made great strides in reducing costs as we gain experience with electric vehicles and...

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Category:Electronics and Electrical

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