Nissan To Cut Base Price Of All-Electric Leaf

DETROIT (AP) – Big announcement at the North American International Auto Show: Nissan is lowering the price of its all-electric Leaf in an effort to boost anemic sales.

The base price will now be $28,800, which amount to a six thousand dollar reduction. Factor in a federal tax credit of $7,5oo and the price becomes competitive with Toyota’s Prius hybrid, and far less than the Chevy Volt and Ford’s Focus E-V.

The 2013 Leaf goes on sale next month.

General Motors North American President, Mark Reuss says there are no plans for his company to lower Volt prices.

(Copyright 2013 The Associated Press. All Rights Reserved.)

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