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General Motors’ first major reduction of the Chevy Volt’s price by $5,000 for the 2014 model year has been attributed to incremental reduction in some production costs and the need to stay competitive, but there were other nuances involved as well. According to a Wards Auto report today, GM says online consumer shopping habits also […]

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After a few days of suspense, Chevrolet Canada finally said the Volt’s $5,000 price reduction announced in the U.S. will also apply in Canada. The 2014 model will start at CDN$36,895, plus $1,600 destination fee (excluding tax, title, license and dealer fees). If consumers include provincial consumer credits, available in Ontario, Quebec and British Columbia, […]

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Chevrolet’s recent permanent $5,000 markdown on the 2014 Volt’s selling price was understood by advocates to be in response to reduced production costs and to keep the car competitive with Nissan’s Leaf, but some have wondered if it was a negative portent. Perhaps not surprisingly, those less enthusiastic about electrification of the automobile and those […]

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This week General Motors CEO Dan Akerson said when it’s launched, the revised new Chevrolet Volt will cost less and shed weight. “This next generation, we think we can decrease the price on the order of $7,000 to $10,000,” said Akerson speaking at Fortune’s Brainstorm Green conference in Laguna Niguel, Calif. Previous statements by people […]

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