Lots of the changes occurring in the automotive market as we speak, together with tightened credit score markets in a capital-intensive trade and increased authorities involvement are the latest global challenges. How can we be so certain? As a result of this has all happened earlier than. The Chevrolet Volt talked about above was supposed to be the tip of the electrification spear from a bankrupt automaker that in 2009 pledged it could lead the way in creating gas-environment friendly automobiles as a condition of receiving federal bailout money following the worldwide financial crisis. That never occurred , because the SUV revolution proved to be far too tempting — and oversight of presidency financial aid conditions was significantly hands-off — to stem the shift towards increasingly bigger vans.
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