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GM Ups Chevy Volt Incentives as Demand Wanes

Electric cars and plug-in hybrids have been around long enough to become an everyday part of carbuying — so much so that there’s now something of a price war playing out among the high-efficiency humpbacks. The newest warrior: Chevrolet, which has added a $4,000 rebate to its poky-selling Chevy Volt to match price cuts from Nissan and Toyota. The cash-back offer from Chevy, which can be swapped for a $3,000 rebate combined with a zero-interest loan for four years, means the Volt carries a larger rebate than any other Chevy model; in some online listings, dealers have 2013 models with price tags of about $26,000, well off its $39,000 base before $7,500 in federal incentives. Those deals come after Volt sales fell 4 percent in May to 1,607, and have barely kept pace with 2012 results even as the rest of the new-car market rebounds.
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