article thumbnail

Japan Automakers Plan to Step Up Exports of Small-Cars

Green Car Congress

Foreign demand for small cars has been growing in part because of stimulus measures in some countries to encourage consumers to replace their cars. will launch European sales of the 1-liter Pixo, made by Suzuki Motor Corp. It also plans to accelerate the development of low-cost small cars for emerging nations.

Japan 150
article thumbnail

Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Stimulate Demand: The programs included in the stimulus bill signed last month may help rebound consumer demand, but more aggressive action to move sales into the 12-14 million-unit range as quickly as possible will help inject much needed liquidity into the entire system.

Grant 150
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.

BYD 62
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Silent engines, positive impact on the environment, and decreased fuel costs are all reasons for this transition to EVs. This growth is no small feat considering overall car sales have been falling in the past two years. In certain European countries, such as Italy or the UK , passenger vehicle sales even dropped as much as 95-97%.

Economy 52