egmCarTech

This Volt pricing topic is getting a bit annoying now. Just last week Forbes reported that GM CEO Rick Wagoner said that the Volt could cost less than $30,000 when it hits the market in 2010. Sources are now saying that they still expect pricing to be around $40,000 unless Congress helps out with tax credits.

GM is current lobbying Congress to create tax credits that benefit ‘extended-range electric vehicles.

“We need to make sure the legislative language does include extended-range electric vehicles,” said GM spokesman Greg Martin.

According to a source familiar with the program, some proposals for tax credits could knock off at least $7,000 off the Volt’s MSRP.

GM is planning to sell  10,000 to 30,000 Volt sales in the first year. The Volt should arrive on the market by November 2010.

 

Source: Automotive News (Subscription Required)

[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, News, Automotive, Chevrolet[/tags]

Related Posts:

1. Europe will get an Opel E-Flex car before the Chevy Volt
2. Wagoner: Chevy Volt could cost less than $30k
3. Trend-setting Californians to get first dibs on the Chevy Volt
4. Other GM brands may get a variant of the Chevy Volt
5. Video: First Chevy Volt Commercial