{"id":195966,"date":"2010-01-18T19:36:05","date_gmt":"2010-01-19T00:36:05","guid":{"rendered":"http:\/\/www.egmcartech.com\/?p=49230"},"modified":"2010-01-18T19:36:05","modified_gmt":"2010-01-19T00:36:05","slug":"gm-ceo-says-chevy-volt-will-be-profitable-will-sell-for-low-30s","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/195966","title":{"rendered":"GM CEO says Chevy Volt will be profitable, will sell for low $30s"},"content":{"rendered":"

\"\"<\/p>\n

GM will be selling the Chevrolet Volt later this year for a price tag in the low $30,000\u2019s, and turn a profit on each car, according to chairman and CEO Ed Whitacre, Jr. The large lithium-ion battery packs contribute greatly to the car being a rather expensive one to produce, and had had made the starting price a point of concern.<\/p>\n

In 2007 vice-chairman Bob Lutz had thrown out a goal of under $30,000, and that number was later adjusted to reflect a concern of higher production costs. Since that time however, Congress has passed legislation that will give initial Volt buyers a $7500 tax credit, and media speculation has thrown out figures as high as $40k.<\/p>\n

Whitacre settled these concerns in an interview with gm-volt.com as well as the rumor that the first generation will be sold at a loss. \u201cWe\u2019re not in business to lose money,\u2026We did enough of that already.\u201d said Whitacre. The Volt \u201cis going to sell in the low 30s,\u201d he added. \u201cWe\u2019ll get a margin on that.\u201d<\/p>\n

Click here for more news on the Chevrolet Volt<\/a><\/em>.<\/p>\n

2011 Chevrolet Volt<\/strong>:<\/p>\n

\"\"<\/a> \"\"<\/a> \"\"<\/a> \"2011<\/a><\/p>\n

<\/span><\/p>\n

<\/embed><\/object><\/p>\n

– By: Stephen Calogera<\/em><\/p>\n

Source: gm-volt.com<\/a><\/p>\n

<\/img><\/a>
\n<\/img><\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

GM will be selling the Chevrolet Volt later this year for a price tag in the low $30,000\u2019s, and turn a profit on each car, according to chairman and CEO Ed Whitacre, Jr. The large lithium-ion battery packs contribute greatly to the car being a rather expensive one to produce, and had had made the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-195966","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/195966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=195966"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/195966\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=195966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=195966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=195966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}