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.
Dennis Williams does not seem convinced complete wage parity will occur, as he talks about “bridging” the gap between the two levels and stresses that the automakers must continue to be successful....More
WardsAuto editors gather for a roundtable discussion of several EV and hybrid vehicles vying for 2015 Ward's 10 Best Engines honors. Vehicles discussed include: BMW i3 (range extender and pure EV), Fiat 500e, Hyundai Tucson, Kia Soul EV, Lexus NX, Volkswagen e-Golf....More