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GM increases spending on Volt, fuel-saving initiatives

"Spending levels for the extended range electric Chevrolet Volt and other fuel-economy improvement initiatives to meet increasingly aggressive global fuel economy standards have been increased." And with that statement, General Motors looks to dispel any rumors that it will be cutting the engineering staff or any funding to the Chevy Volt program. In fact, the automaker intends to increase its spending on fuel-saving initiatives, including the replacement of older utility vehicles with crossovers and rolling out new small compact cars like the ... Read more →

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