Is Holden's Parent Company Working On A Cheaper Volt?

The Holden Volt is a pretty great car. We went behind the wheel last year and loved the petrol-electric future sled. The only problem was the whopping $60,000 price tag. That problem might soon be solved, as reports emerge that Holden's parent, General Motors, is working on a cut-price version.

Reuters is reporting that a cheaper Volt will roll of the line in 2016, at a price of under $US30,000. Considering that the current model Volt retails for $US35,000 in the States, it's tough to see how this cheaper price would roll down to Australia.

The new Volt would reportedly share heritage with the new Holden Cruze which is set to go into production overseas next year.

The Cruze is the four-cylinder sedan replacement for the Commodore, which will be retired when Australia shuts down Holden production in 2017.

Read more here.

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