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4th June 2008

GM wants tax incentives to build Volt in Detroit




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Click on the above image for a high-res gallery of the Volt Concept

With both hands extended, General Motors has asked Detroit City Council members for tax breaks to ensure the highly-anticipated hybrid electric-powered Chevrolet Volt will be built in their city. This news comes on the heels of GM asking Congress for a tax break to ensure the price remains near ,000 when it arrives in showrooms in 2010. Enough already. Stuck in the turmoil of a billion loss last year, pending job cuts, UAW strikes, and in the midst of an economy favoring fuel-efficient vehicles (as pickups and SUVs roll down the assembly line), GM is scrambling to survive. Whether it arrives as a hybrid, or in all-electric versions, the Chevrolet Volt can’t come to market soon enough… regardless of who GM panhandles.

Gallery: Chevy Volt

[Source: The Detroit News]

 

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  1. Chevy Volt | iBusinessBUZZ.com, on June 5th, 2008 at 01:06 pm Said:

    [...] GM wants tax incentives to build Volt in Detroit – Whether it arrives as a hybrid, or in all-electric versions, the Chevrolet Volt can’t come to market soon enough… regardless of who GM panhandles. Gallery: Chevy Volt. [Source: The Detroit News]. Permalink | Email this | Comments. [...]




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