Friday, June 20, 2008

Gen 1 Chevy Volt To Cost $40K USD

So now Bob Lutz, GM's Vice President, tells us that the Chevy Volt which was pretty much promised to be sold in the US at around $30K is more likely to be $40K. $40K at a loss to GM. But that's the price you pay to innovate.

Seen by many as the saviour of the (US) car industry, the 2010 Volt promises so much and the almost daily news we get on its progress toward release helps. Personally I'd buy one if I had the cash and it was released and it was available in Australia. At least there's some good news ahead.

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