UPDATE 1GM Daimler amp up U S electric car price war | Reuters

16 Июн 2015 | Author: | No comments yet »
car Smart Fortwo ED

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* $5,000 cut on 2014 Chevrolet Volt

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By Ben Klayman and Paul Lienert

Aug 6 (Reuters) — General Co and Daimler AG on Tuesday amped up the price war, announcing price cuts aimed at demand in a still-sluggish segment of the auto market.

GM slashed from the price of its 2014 Volt plug-in hybrid, Daimler announced a steeply monthly lease price of on its 2013 Smart Fortwo Drive.

Plug-in vehicles such as the Volt and the pure-electric Fortwo ED encountered stiff resistance U.S. consumers, in part of their higher prices and of a nationwide battery charging

U.S. sales of plug-in and gasoline-electric vehicles through totaled only 48,889, to research firm Autodata. represents just 0.5 percent of U.S. vehicle sales of 9.1 in the first seven months of year.

The $5,000 cut for the 2014 will lower the price to including delivery fees but federal tax credits.

Smart is offering U.S. a $2,000 wholesale rebate on the Fortwo ED, effectively lowering the price to $23,750. Customers can opt to lease the tiny battery-powered for $139 a month for 36 months, $1,995 down, a 30 percent from the previous monthly rate of $199.

Smart has only 173 Fortwo EDs to U.S. this year. The brand offering an upgraded electric and battery pack in May and will selling 2014 models in A redesigned Fortwo ED is expected for the model year.

Even before the latest cut, the Volt has been one of the plug-in vehicles, with U.S. sales through

That is roughly the same as the battery-powered Nissan Leaf, has benefited from a hefty price cut in January. Including the 2013 Leaf retails for

car Smart Fortwo ED

Both the Volt and the Leaf, have been outsold by the Tesla Model S, which at nearly $71,000 and accounted for of all U.S. plug-in sales July with 12,200.

electric-car competitors have followed Nissan’s lead steep discounts.

In May, Honda Motor Co the lease price of its Fit EV subcompact by to $259 a month. In July, Motor Co reduced the price of its Focus Electric compact by 10 to $35,995.

GM previously had cut the price of the Volt by $5,000 to help demand. In late May, it an electric version of the Chevy subcompact with a lower-than-expected price of $27,495 and is offering leases on both cars.

The price cut is another step in effort to seize the mantle of automaker in the world from Motor Corp. which the popular Prius hybrid Toyota also sells a version of the Prius.

GM did not quantify the cost savings for the Volt, but has said the next due in 2015 or 2016, will $7,000 to $10,000 less. The models will begin at U.S. dealers later month.

GM is aiming by 2017 to up to 500,000 vehicles a year some form of electric The vehicles would include the the Spark EV and those with its system that boosts efficiency in gas-powered cars.

GM will begin building the ELR plug-in electric coup this year.

car Smart Fortwo ED

car Smart Fortwo ED
car Smart Fortwo ED
car Smart Fortwo ED


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