“Chevrolet global marketing boss Tim Mahoney, briefing members of the Washington Automotive Press Association in Arlington, Va., Tuesday, wouldn’t say whether the car makes or loses money. Instead, he said its ‘ability to draw new customers to Chevrolet is a major consideration.’ Automakers are forced to take the losses to do business in states that require them to sell a certain number of ‘zero-local-emission’ vehicles. That’s a relatively new description, to acknowledge that the utility power plants generating electricity to recharge electrics do create emissions.”
http://www.usatoday.com/story/money/cars/2015/04/14/chevrolet-spark-ev-price-cut/25757935/
Related posts:
WikiHouse allows people to build their own homes with 3-D printers
The Food-Truck Business Stinks
'No Longer Necessary': Hungary Wants to Throw Out IMF
US Credit Rating Cut by Egan-Jones to AA-
State Department revokes NSA leaker Snowden's passport
France Targets Deficit Cut With Tax-Hiking Budget
Colorado town considers licensing bounty hunters to shoot down drones
U.S. Customs Fines Woman $500 For Saving Free Delta Airlines Snack
Worth $355 million, Rep. Darrell Issa is the richest member of Congress
Can the military save America's ranchers?
Muslim leaders urge ‘decisive action’ against Syria
Colorado secede? Counties weigh exit plan to form state of 'North Colorado'
FDA probes deaths linked to Monster Energy drinks
Tiny Colorado city busy repealing laws during a ‘Year of Freedom’
Chicago Cop Issued 200 Fake DUI Tickets To Meet Quota And Rack Up On Overtime