Wednesday, August 7, 2013

GM cuts plug-in Volt's price by $5,000

detroitnews

quote:

Don Johnson, U.S. vice president, Chevrolet sales and service. “We have made great strides in reducing costs as we gain experience with electric vehicles and their components.”
comment:

It's still an expensive car for someone like me.  It doesn't offer much of a financial incentive to buy it.

Maybe GM should have made it a Cadillac instead.  A high end vehicle wouldn't have the same obstacles.  That's the approach Tesla has taken.

If you are going to sell to the broader public, the price must come down a lot more.

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