UPDATE 1-INSIGHT-GM's Volt: The ugly math of low sales, high costs

Newswire

* GM losing as much as $49,000 per Volt sold * Cheap leases likely only exacerbate the losses * GM still years away from break even on the car * New plug-in competitors soon from Ford, Honda * GM says Reuters estimate of costs "grossly wrong" By Bernie Woodall and Paul Lienert and Ben Klayman Sept 10 (Reuters) - General Motors Co sold a record number of Chevrolet Volt sedans in August - but that ...

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