With a price of $41,000, before state and federal tax credits, the 2011 Chevrolet Volt isn’t quite as affordable as many consumers would have hoped. But for those buyers waiting for the next-generation model, GM may cut the price by as much as $7,500.
“As with any new technology – from plasma TVs to cell phones – the production costs lower with learnings gained with each generation,” said GM spokesman Robert Peterson. “We expect to see similar cost savings, either through the development or improvement of technologies, or reduced production costs.”
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