$5,000 cut from price tag of GM's new electric car Chevy Volt

DETROIT – General Motors is planning to slash $5,000 off the sticker price of a new Chevy Volt, making it the latest electric car to be steeply discounted as automakers try to woo buyers in the US auto market. The price cut for the 2014 model will lower the price to $34,995, including delivery fees before federal tax credits. Pricing could fall as low as $27,495 with the tax credit. “We …

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