GM Lowers 2016 Chevy Volt Price

(RTTNews) - General Motors has priced the new 2016 Chevrolet Volt plug-in hybrid at $33,995, including delivery charges. That's almost $1,200 less than the 2015 model.

Volt's price can go as low as $26,495 after the full federal tax credit of $7,500. In California, customers can buy the new Volt for as low as $24,995 after state and federal incentives.

Steve Majoros, director, Chevrolet Marketing said, "We are confident we will continue to attract new customers to Volt with the vehicle's product improvements and attractive price."

The new Volt will offer a GM-estimated 50 miles of all-electric driving range on a single charge, a 31-percent improvement over the first-generation Volt.