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05 Mar 2012 20:34

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Tech: Chevy halts production of its prize-winning hybrid, the Volt

  • 60K number of Volts Chevrolet expected to sell in 2012
  • 1,626 number of Volts the company has actually sold so far source
  • » But hey, it’s still a winner! Really. The Volt received some bad press since its debut, so it hasn’t sold as many cars as it could have sold. If only sold as many cars as it won awards; it just won the 2012 European Car of the Year — but the car also won the 2011 North American Car of the Year, the World Green Car of the Year and was named Motor Trend’s Car of the Year. Now Chevy just needs to sell more cars, and the Volt can earn its recognition on the roads.

31 Dec 2010 11:45

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Biz: Give it time: Electric cars not really flying off the shelves yet

  • >350 the reported sales of the hopemobile, the Chevy Volt, in December … but it’s kind of a novelty right now
  • >10 the reported sales of the Nissan Leaf in the last two weeks; the odds that Ed Begley Jr. owns one? Even source
  • » It’s not really a demand problem: The issue here is more supply. The cars simply haven’t hit most parts of the country yet, and there are waiting lists 50,000 people long for the electric cars, which are slowly ramping up production and should go nationwide by 2012.

27 Nov 2010 11:43

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Biz: General Motors officially crosses the “biggest IPO ever” mark

  • $23.1
    billion
    the size of GM’s IPO, officially the biggest global IPO on record
  • $49.5
    billion
    the amount they owe the government for their bailout source
  • » What’s needed next? If the government hopes to break even on its huge investment in GM, the stock needs to hit around $50 a share. It’s currently at $33.80, but if, say, the Chevy Volt is a huge success on the market, it could definitely hit that mark.

27 Jul 2010 21:10

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Biz: The Chevy Volt: Not cheap, but the lease price isn’t too bad

  • $41k the amount it costs to purchase GM’s hope, the new Chevy Volt
  • $33.5k the amount it costs after the federal tax credit kicks in
  • $350 the amount a monthly lease costs (that’s reasonable!) source
  • » Why GM should be worried: Their electric car is going to compete directly with the Nissan Leaf, which far less in its least expensive configuration, $32,780, or $25,280 after the credit. On the plus side for GM, the leases are nearly the same price – $349 for Nissan vs. $350 for GM.

11 Aug 2009 11:18

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Biz: General Motors claims the Chevy Volt gets unreal gas mileage

  • 230 mpg in cities, says GM … why didn’t they do this sooner? source