According to an inside source talking to favstocks.com, Chevrolet and GM both have the technologies needed to make a new Volt cost some $10,000 less than the current generation. According to the insider, the lower price might be achieved by re-engineering the Volt and applying a bit of Ford marketing science behind it: produce more, to make it cost less.
The Volt came under Consumer Reports' fire after the crew testing it found that the Volt doesn't make much sense, as far as fuel consumption and price go, when compared to the quintessential hybrid, the Prius.
The plug-in hybrid is capable of an all-electric range of 29 to 33 miles on average, with the number growing to 40 miles when the weather is moderate. GM said that it recorded even above 40 miles in electric mode.
On the other hand, while being tested by Consumer Reports, the car was only good in electric mode for 25 to 27 miles. As a result, concluded the report, a Prius would be a better choice for a car than the Volt.
"If you drive about 70 miles, a Prius will actually get you more miles per gallon than the Volt does," said David Champion, the senior director of Consumer Reports auto testing center
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