Electric cars

GM Slashes Chevy Volt Prices by $5,000

Trying to boost sales


GM made the unofficial official today, cutting the price of the 2014 Chevrolet Volt to $34,995 — $5,000 less than the 2013 model. What they didn't say was, "We sort of did that a few months ago, but without shouting it from the rooftops, it didn't have the effect we hoped for." So now the secret is out. And if history is a guide, it should help, although perhaps not dramatically.