Chevy New Volt to Sell for Less Than $30,000

May 10, 2013 / 1 Comment

Have you ever imagined a Chevrolet that would come at sub-$30,000 levels? Such a vehicle could be a reality in the near future. Going by what Dan Akerson, CEO of General Motors, has hinted at, the company has decided to slice $10,000 off the sticker price of the next generation Chevy Volt.

volt Chevy New Volt to Sell for Less Than $30,000

Profitability of the company would still not be affected even though Chevrolet has to give GM money each time a car is sold. The new Volt matches the Nissan Leaf, Toyota Prius and Ford C-Max models, when it comes to the price range.

More specifications of the vehicle have not been given. For sure, Volt looks good with its weight and price trimmed.

Expectations of a rate cut started when GM North America President Mark Reuss said the company would be concentrating largely on electric motor and battery section of the new model. The next generation PHEV may be great deal and has been long heard in the market.

As many as 23,500 Volts were sold in 2012. Through April 2013 sales jumped 3.2 percent compared to that in same period last year, and a total number of 5,500 units have already been sold.

Sales of the Nissan Leaf have also doubled, compared to last year. The numbers given are 5,476 units. It may be recalled that the Leaf also went for a price cut this year.

  • JPWhite

    Is it just me, or isn’t announcing a $10,000 price cut ‘sometime’ in the future likely to have the effect of killing current sales?