rebates

The epic development period of the Volt has been unique in many ways, not least of which because it was announced about three years ahead of its actual debut - which is still more than a year out. But this week Bob Lutz told David Letterman one key detail of the upcoming plug-in hybrid from General Motors: its price. Phrasing it as a 'best estimate' Lutz said the MSRP would sit 'around $40,000' and that the customer would be paying about $32,500 once a $7,500 government rebate is taken into account. That $7,500 rebate is part of a package intended to help boost sales and production of...