This one is a bad news for those who were thinking of buying Chevy Volt for $30,000. According to Seattle Times which has been informed by Bob Lutz the company’s new Chevy Volt will cost $10,000 more. Lutz also told the newspaper that the first batch of Volt will generate nothing for General Motors. Now all hopes rest on the congress which is planning to propose legislation for plug-in hybrid tax credits on the order of around $7,000. Well we think that General Motors will eventually generate some profit after congress pass this legislation. What you think?
Keywords: hybrid car, hybrid car breaking news, Chevy, Volt, General Motors, latest news
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