GM offers big price cut on Chevy Volt
General Motors announced Tuesday that it will knock $5,000 off the sticker price of a new Chevy Volt, making it the latest electric car to be steeply discounted as automakers battle for buyers.
Pricing and incentives on electric cars have been getting more aggressive recently as automakers try to improve sales.
The maker had already cut the cost of the 2013 model by $4,000 and offered a $5,000 giveback on leftover 2012 Chevrolet Volts. The latest move comes in the wake of a 3.3% decline in sales of the battery car last month.
And buyers will generally qualify for $7,500 in federal tax credits as well as incentives in states such as California and Colorado that could bring the final price down to the mid-$20,000 range.
In recent months, with the overall plug-based vehicle market lagging early sales expectations, most manufacturers have been forced to cut price on models such as the new Honda Fit EV and Ford Focus EV.
Well it looks like the liberal environmentalists just don't put their wallet where their agenda is.. :shock:
but they have no problem forcing US to subsidize their unsuccessful schemes