DETROIT (Reuters) - The Chevrolet Spark all-electric subcompact car will cost U.S. buyers as much as 38 percent less than what it takes to buy its larger sibling, the hybrid Volt, General Motors Co said on Thursday.
Filed under: EV/Plug-in, Chevrolet The Nissan Leaf, the Fiat 500e and now the 2014 Chevy Spark EV 1LT. Three different electric hatchbacks that can all be had for the same low lease price: $199 per month. The Spark even has the same appealing $999 down payment as the Fiat (the Leaf's is $1,999) and both require 36-month leases, so the cost of these two city runabouts is identical, at least at the base level. The one potential hiccup: Chevy says it's a "low mileage lease," and you'll pay 25 cents a mile for each mile over 12,000 per year. Considering these are urban-minded vehicles with limited ranges, however, that doesn't seem like as pressing an issue. If you want to buy a Spark EV outright, General Motors will ask you for $27,495, a figure that will drop to $19,995 for anyone who qualifies for the full $7,500 federal tax credit. That's a good deal for EVs, but the gas-powered Spark starts at just $12,185. Before Fiat announced its low lease deal last month, all GM would say is that the Spark EV would cost somewhere "under $25,000 with tax incentives." Well under, apparently. The Spark EV goes on sale in California and Oregon in the middle of June. The car is rated at 119 MPGe combined and has a range of 82 miles. When that's not enough, DC quick charging with the SAE combo charger will refill the battery to 80 percent in about 20 minutes (when such DC stations stations become available, since the Spark is not compatible with the already-available CHAdeMO stations).Continue reading Chevy Spark EV priced at $27,495; will lease for $199/monthChevy Spark EV priced at $27,495; will lease for $199/month originally appeared on Autoblog Green on Thu, 23 May 2013 00:01:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments
Filed under: Convertible, Coupe, Sedan, Performance, Truck, Etc., Crossover, Hatchback, Audi, BMW, Chevrolet, Ford, Honda, Mazda, Porsche, Subaru, Toyota, Volkswagen, Electric, Luxury, Ram Employing complex scientific formulas and methodologies probably best described as "Whatever we felt like choosing," Automobile has named its All-Stars for the 2013 model year. The 11 vehicles earned their trophies for being "the best and most significant" offerings to the mag's staff and contributors, and while we were surprised to see a couple of them on the list, none of them were shocking. In no particular order, they are: Chevrolet Camaro ZL1 (seen above) Porsche Boxster Subaru BRZ/Scion FR-S Audi A7 Ram 1500 Honda Accord Mazda CX-5 Ford Focus BMW 3 Series Volkswagen GTI Random notes: The least expensive vehicle on the list was the Ford Focus at $16,995 however, it was the $24,495 Focus ST that was actually driven; the least expensive vehicle as-tested, when such indication was given, was the $28,265 BRZ; the most expensive vehicle as-tested was the $75,615 Porsche Boxster S, hurdling the price of the A7 by nearly $4,000; the greatest disparity between base and as-tested price was the Ram, from the $24,395 skin-and-bones truck to the $54,335 Laramie Longhorn Crew Cab; the GTI was viewed through the history of its birthplace, Wolfsburg. There you have it. Head on over to Automobile for the full story and the adventures they created to test each winner.Automobile Magazine names its 2013 All-Stars originally appeared on Autoblog on Wed, 22 May 2013 11:33:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments
DETROIT (Reuters) - The launch of General Motors Co's redesigned Chevrolet Silverado, the most important since the automaker's bankruptcy and $50 billion taxpayer-funded bailout in 2009, is on track and advertising for its full-size trucks should begin in a few weeks, a top GM executive said on Monday.
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