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August 25, 2008

"To build demand for hybrid vehicles, the government should implement tax incentives and not let fuel prices drop." - Inspired by General Motors CEO, Rick Wagoner


In an interview with Charlie Rose,
General Motors Chairman and CEO, Rick Wagoner, discussed how upcoming Volts are to be priced. While final prices have not yet been decided upon, he indicated that they would probably be in the mid to upper 30s. He went on to underscore that he hopes the government will boost demand for hybrid vehicles by providing tax incentives, and also ensuring that fuel prices don't drop too far.

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