Incentives for 3,090 EVs are available this year. When added to the 3,014 EVs registered nationwide at the end of 2014, plus the 10,000 proposed new incentives, the government calculates more than 16,000 EVs will be on Korean roads by the end of 2016.
Hyundai Vice Chairman Chung Eui-sun said at the Cangzhou plant’s groundbreaking only that it would help increase the Beijing Hyundai Motor joint venture’s sales. He could not publicly say it was a plant Hyundai did not want to build.
Plans for the 300,000-unit-capacity facility call for growing market penetration in Mexico, exporting vehicles to markets in Central America and supporting Kia and Hyundai operations in the U.S. through exports.
The front end of the Optima includes the tiger nose grille opening and double cube quad headlamps shown on the Sportspace. Also similar are the side panels, attractively sculpted from fender well to fender well, and the rear end.
The knowledge gap already could be affecting sales of advanced-technology vehicles, which last year accounted for 3.5% of the nearly 17 million cars and trucks sold in the U.S., according to WardsAuto data....More
“Logically, Cadillac is not disconnected from GM,” the longtime luxury executive says. “The way we want to organize the business in the future is that Cadillac will own the entire process, all the things that touch Cadillac.”...More