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Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the autoindustry. Other key actions for lenders to take include: Provide Affordable Financing: The interest rate on loans to finance consolidation efforts should be set at lower lending rates. Laura Marcero.
Early support from those who can afford them, as well as the federal government, will be necessary, he said. The economic stimulus package currently before Congress could include incentives for both buyers of electric vehicles and electric vehicle battery manufacturers. He even knows what a plug-in hybrid is.&#.
’s expertise on the autoindustry 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. Where is affordable. and Chrysler. Whatever B.C.G.’s
The state of Michigan, which has seen its economy decimated by the collapse of the gas-powered autoindustry, is pouring incentives into the alt-car market. Oregon cant afford to play that game, or at least not at those levels, but McCabe thinks it remains a serious contender for Norwegian electric car manufacturer Think.
A key driver of vehicle demand during the Thanksgiving weekend is the availability of year-end incentive programs, which improve vehicle affordability. However, these results are being driven in part by elevated incentive levels, which represent a meaningful risk to the long-term health of the autoindustry.
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