2010 Chevrolet Volt Price Depend on Gas Price
Volt price will depend on gas price, GM says. Although the conference call was supposed to be all about the progress on designing batteries for the Chevrolet Volt, the issue of the car's price loomed large in observer's minds. With a potential asking price that's risen from an estimated $30,000 (U.S.) to a loftier $40,000 for the compact four-seater, Bob Kruse, executive director of the program, gave no specifics on its estimated MSRP, but said the price will depend in part on the cost of gas. "We're not wishing for higher petroleum costs, but the economic viability of what we're doing only gets greater with higher fuel prices," he said. The plan to launch the car in November, 2010, is on schedule. "$1.50 gallon gas is not helping our business case." The average price of regular gas in the United States was actually $1.96 a gallon earlier this week, according to American government figures. GM is not sure what the price of the Volt will be, Kruse...