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The essential model has the next stage of equipment and options than the Cruze, which is assembled in Lordstown, Ohio, and has a starting gross sales worth of $17,925. The Volt also has a number of unique components, including the battery pack, the electrical motor and the power electronics. It wasn’t conceived as a method to make tons of cash,” he mentioned. “It was a big dip within the technology pool for GM. We have discovered a boatload of stuff that we’re deploying on different models,” Parks mentioned. These include the Cruze and such future automobiles because the 2014 Cadillac ELR hybrid. Earlier than GM resorted to discounting Volt leases, sales had been averaging just over 1,500 vehicles a month. A huge a part of that reason was consumer push again over the price, in accordance with Virag of Automotive Consulting.

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