Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Volt Could Spark GM Bailout

Electric car may be speedy route to green image—and help

By Rob Quinn, Newser Staff

Posted Jul 2, 2008 8:32 AM CDT

(Newser) – GM is about as likely to turn a profit with the Chevy Volt as the Edsel is to make a comeback, Holman W. Jenkins Jr. writes in the Wall Street Journal. But the ailing automaker may be aiming to improve its image rather than sell... Read full story »

COMMENTS

Read the comment policy

You need to Log in to Newser to comment. Don't have an account yet? Sign up now!

There are no comments

A snapshot of the day's best news stories.

View Larger Grid

All Today Yesterday Pick a Date

What's Popular Now on Facebook

Cops Shoot Naked Guy Eating Man's Face on Highway

Japanese Artist Serves Up Own Cooked Genitals

Wall Street Journal (Source Grid »)

GM share price keeps tumbling
CNN

Compact cars start to look a better bet
MotorTrend

General Motors • automaker • electric cars • auto industry • Rick Wagoner • Chevrolet Volt

More Newser Stories

GM: We'll Buy Back Your Volt

CEO makes offer to those worried about fires

(NEWSER) - General Motors says it's willing to buy back its Chevrolet Volts from any customer concerned by fires in crash tests . If needed, the auto giant also is prepared to conduct a recall of the 6,000 Volts currently on the road, Dan Akerson tells the AP . The company would fix them after the cause of the fires is determined. "If we find that is the solution, we will retrofit every one of them,” he adds. More»

Disaster Awaits Chevy Volt

Nothing about this car makes sense

(NEWSER) - Like Rush Limbaugh , auto industry observer Edward Niedermeyer can't think of too many reasons to plunk down $41,000 on a Chevy Volt. Among his complaints: It's too expensive, it has the interior room of a cheap economy car, the business model is lousy—GM could have sold it a loss initially, as Toyota did with the Prius—the leasing deal doesn't make sense, and GM has quietly scaled back first-year production to 10,000 units because of its shortcomings. More»

GM to Sell Chevy Volt for $41K

Electric car priced close to manufacturing costs

(NEWSER) - GM will sell its flagship electric car, the Chevy Volt, for $41,000, the Detroit News reports. GM executives announced the price, along with a 3-year, $350-per-month lease deal, at the Plug-In 2010 conference in California today. Buyers can get an additional $7,500 off the sticker price through a federal tax credit. It can also be applied to the lease agreement to cut the monthly payments to $200. More»

Big 3 Execs Finish With Senate

CEOs to make their case to the House tomorrow

(NEWSER) - The CEOs of the Big Three wrapped up a six-hour session with the Senate Banking Committee during which they asked for a minimum of $34 billion in aid, the Washington Post reports. Chairman Chris Dodd vowed to draft a bill “in the next 24-48 hours" that stood a chance of passing both houses and ducking a Bush veto. The execs face the House Financial Services Committee tomorrow. More»

GM Boss Hopes Senate Gets a Charge From His Hybrid

This time, GM's Wagoner drives Volt to hearings

(NEWSER) - Last time they went before Congress rattling tin cups, the chief executives of the Big Three automakers made the mistake of flying to Washington in luxuriously tricked-out corporate jets. Today GM chief Rick Wagoner is driving a fuel-efficient hybrid Chevy Volt prototype to Senate hearings on the proposed bailout for the car companies, reports the Detroit Free Press. More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

Volt Could Spark GM Bailout

Electric car may be speedy route to green image—and help

General Motors • automaker • electric cars • auto industry • Rick Wagoner • Chevrolet Volt

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

GM: We'll Buy Back Your Volt

CEO makes offer to those worried about fires

Disaster Awaits Chevy Volt

Nothing about this car makes sense

GM to Sell Chevy Volt for $41K

Electric car priced close to manufacturing costs

Big 3 Execs Finish With Senate

CEOs to make their case to the House tomorrow

GM Boss Hopes Senate Gets a Charge From His Hybrid

This time, GM's Wagoner drives Volt to hearings

About Us

Site

Community

Site Maps

Tools

More News

What is Newser?