Wednesday, July 28, 2010

GM, Nissan compete for best deal on electric car

GM, Nissan compete for best deal on electric car:


By TOM KRISHER
The Associated Press
Tuesday, July 27, 2010; 6:09 PM
"For those who buy the Leaf or Volt, the two cars also are eligible for a federal tax credit that will cut their prices by $7,500. The Volt's price would fall to $33,500 while the Leaf's would drop to $25,280 - from $32,780. Some states, such as California, Georgia and Oregon, offer additional tax breaks that will lower the price further. The federal government will phase out the credits when each manufacturer sells 200,000 electric cars."

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