Mexican Media Brands
GM Aims to Cut Chevy Volt Cost by $10,000
General Motors Co. says it hopes reduce the cost of building its Chevrolet Volt extended-range hybrid by $7,000-$10,000 per vehicle.
#hybrid
Share
General Motors Co. says it hopes reduce the cost of building its Chevrolet Volt extended-range hybrid by $7,000-$10,000 per vehicle.
The Volt retails for $39,100, and GM currently loses money on each one it sells, according to Bloomberg News.
CEO Dan Akerson tells the news service the next-generation and presumably less expensive Volt will debut in 2015 or 2016. "We've got to take cost out of it," he declares.
RELATED CONTENT
-
Toyota Updates Fuel Cell Test Truck
Toyota Motor Corp. unveiled an updated version of its Project Portal fuel cell-powered heavy-duty truck with reduced weight and increased driving range.
-
On Traffic Jams, Vehicle Size, Building EVs and more
From building electric vehicles—and training to do so—to considering traffic and its implication on drivers and vehicle size—there are plenty of considerations for people and their utilization of technology in the industry.
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.