April 8, 2009 5:37 PM

GM says Volt isn't dead yet, despite panel's bleak report

The White House may have sounded a bit bleak on the Chevrolet Volt last week, but both the company and the Obama administration say don't read that as early news of the much-advertised electric car's demise. A company spokesman said the Volt remains the No. 1 product development program at GM despite the White House assessment that it won't be commercially viable because of its high price.

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