
“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:
Snowden’s surveillance leaks open way for challenges to programs’ constitutionality
How the US sent $12bn in cash to Iraq. And watched it vanish [2007]
China may cut U.S. debt holdings
65% See Gun Rights As Protection Against Tyranny
Obama promises he won’t ‘scramble jets’ to get Snowden
Video Shows Pembroke Pines Cop Punching Mentally Ill Girl
Romney May Be Nominated Early
How to Decode the True Meaning of What NSA Officials Say
Dave Gold dies at 80; entrepreneur behind 99 Cents Only chain
British MPs urged to reject contentious tax pact with the US
The Woes of an American Drone Operator
Iraq attacks kill 39 as official escapes assassination
Why Mortgages Will Soon Be More Expensive
New Yorkers Trying to Flee Find Moving Isn’t So Easy
Karzai Says He Was Assured C.I.A. Would Continue Delivering Bags of Cash