Bob Lutz revealed to the Seattle Times that the price point for his company's Chevy Volt (
http://www.autoblog.com/tag/ChevyVolt/) series hybrid electric vehicle will be $40,000, or around $10,000 more than originally estimated. Lutz also told the paper that the first-generation of the Volt would generate no profit for General Motors.
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*Source: Autoblog (
http://www.autoblog.com/2008/06/19/l...-lose-money/)*
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