Chevrolet Volt hits around $40,000 (U.S)

The Chevrolet Volt will cost $40,000, Bob Lutz announced. GM will lose money on each Volt that leaves the factory when they go on sale in 2010, because the hybrid drive has cost so much to research, develop and engineer. Lutz is convinced that developing cars like the Volt is the way forward and that future generations of these cars will become popular. "We believe profoundly in the