GM Will Need to Provide Big Subsidies for Volt

GM Will Need to Provide Big Subsidies for Volt There will likely be a big gap between customer expectations and the actual cost to build Chevrolet’s first plug-in hybrid, the Volt, a senior General Motors executive tells TheCarConnection.com. That means, at least for the first few years of production, the automaker will have to heavily subsidize production of the high-profile, high-mileage vehicle. “It’s going to be expensive” to build, acknowledged Troy Clarke, president of GM North Americ

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