With weak sales, GM may never recoup the car's $1.2 billion development costs.<ref>"[http://www.breitbart.com/Big-Government/2012/09/10/Insight--GMs-Volt---The-ugly-math-of-low-sales--high-costs GM'S Losses up to $49,000 on each volt]", Reuters, 10 Sep 2012.</ref> Like similar projects by other major car companies, the Volt is a response to California state regulations rather than to consumer demand.<ref>"[http://online.wsj.com/news/articles/SB10001424127887323894704578115153704768888 California Spurs Electric Cars]", ''Wall Street Journal'', Nov. 19, 2012</ref> | With weak sales, GM may never recoup the car's $1.2 billion development costs.<ref>"[http://www.breitbart.com/Big-Government/2012/09/10/Insight--GMs-Volt---The-ugly-math-of-low-sales--high-costs GM'S Losses up to $49,000 on each volt]", Reuters, 10 Sep 2012.</ref> Like similar projects by other major car companies, the Volt is a response to California state regulations rather than to consumer demand.<ref>"[http://online.wsj.com/news/articles/SB10001424127887323894704578115153704768888 California Spurs Electric Cars]", ''Wall Street Journal'', Nov. 19, 2012</ref> |