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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Suppliers struggled to make money when industry volumes were almost double what they are today, and the consolidation that has occurred has been happening mostly among smaller companies at the lower tiers. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

About $750 million is needed for near-term Volt development, according to the company. ’s expertise on the auto industry in general, we are concerned that in its understanding of future pathways, it offers a flawed analysis and predictions based on business-as-usual,&# notes a posting on the California Car Initiative’s Web site.

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J.D. Power, LMC: new vehicle sales in US slide again, 6th time this year

Green Car Congress

While the presidential election had the potential to disrupt vehicle sales in the first half of the month, in reality, the impact was minimal, the companies said. A key driver of vehicle demand during the Thanksgiving weekend is the availability of year-end incentive programs, which improve vehicle affordability. to 1,381,800.

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The electric car and grid parity - OregonLive.com

Tony Karrer Delicious EVdriven

It also gives a boost to Japanese solar energy companies, who have lost ground this decade to competitors in other countries.) The state of Michigan, which has seen its economy decimated by the collapse of the gas-powered auto industry, is pouring incentives into the alt-car market.

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