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The majority of consumers are more or less priced out of the market.

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Cadillac will be taking on Tesla Motors, the underdog EV manufacturer that's seen heaps of critical acclaim and stock market buzz with its most recent sedan, the Model S. "If you want to compete head-to-head with Tesla, and we ultimately will, you want to do it with a Cadillac," Dan Akerson, the chairman and CEO of General Motors, told media in Washington, according to The Detroit News.

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There was a time not too long ago when General Motors would've been happy with 1,500 Chevrolet Volt sales per month. Apparently, that time has passed.

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As we learned earlier today, the 2013 Chevrolet Volt has beefed up. The new model year vehicle has a "bigger" battery and can go three extra miles when driven solely on the battery. We spoke with GM representatives to get more information on the model year updates as well as answers to some of your questions (e.g., don't expect E85 capability, once promised for the first-gen Volt, any time soon).

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And thus the mid-cycle product refresh – so common to computers and cellphones – comes around again to GM's plug-in hybrid.

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And thus the mid-cycle product refresh – so common to computers and cellphones – comes around again to GM's plug-in hybrid.

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