Long-Term Plan Said To Be Overambitious. But Compared With GM Europe Companies, Chevy Is A Star. VALENCIA, Spain Chevrolet Europe has weathered the economic storm better than most of its competitors, benefitting hugely from government cash-for-clunkers incentives, but if its ambitious long-term plan is going to be successful, it all depends on Russia. That might not […]
Russia Lags, But Long-Term Its Energy Advantage Will Pay Off Car sales in China are set to rise 20 per cent in 2010, and as sales in Europe and the U.S. falter, the so-called BRICs are becoming increasingly important to sustaining the global recovery, according to automotive consultancy J.D.Power. J.D.Power believes China’s car sales will […]
Russian Scrapping Incentives Should Kick-start The Market The Russian car market looks likely to resume its growth in 2010, helped by the government’s €250 million cash for clunkers subsidy, according to PriceWaterhouseCoopers’ Autofacts. According to Autofacts, the scheme, which started this month, will provide for 200,000 new cars. Participants receive a voucher worth €1,200 if […]
