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Oil and Gas Energy News Update

Thursday, April 14, 2011

GM on schedule to cut costs of next-generation Volt

GM on schedule to cut costs of next-generation Volt



Apr 14, 2011


Alan Taub, GM (GM) vice president for global research and development, says the automaker is "on track" to reduce the cost of the second- and third-generation extended range Chevrolet Volt. Taub says the company has a plan to reduce costs "all the way through 2020 and Generation 3". GM has sold about 1,200 Volts so far this year.

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