Each PIVE program offered subsidies to new-car buyers who had to show they were scrapping a model 10 to 12 years old. But because none set a minimum ownership period, some old vehicles changed hands without leaving the junkyard.
The facility’s future has been in doubt since before it lost a program to build a new CUV to a competing plant. But launch of the new C4 Cactus appears to have turned the Madrid operation’s fortunes around.
After announcing its intention to leave Europe by the end of 2015, Chevrolet now wants to liquidate its Spanish dealer network as early as this summer, offering compensation many retailers reject as inadequate.
Ultracaps, long considered too costly for widespread application in light vehicles, appear to be gaining traction – albeit ever so slowly – as electrification takes hold and automakers find the technology’s advantages harder to resist....More
Networked vehicles that can communicate with each other and the infrastructure open up a new range of possibilities for user functions that will make driving safer, more comfortable and environmentally friendly, the supplier says....More