In 1991, Peugeot made its own exit from the US market, ending Citroen sales too. Some twenty-five years later, few Americans under 40 can recall cars built by French manufacturers. Neither manufacturer is poised to return to the US, a market that is immensely profitable,
With the price of the gasoline going sky high people are looking for other alternatives and some of advantages are as follows: 1. The hybrid vehicles will produce less pollution than any regular vehicles. Less carbon dioxide emission. 2. The United States government supports hybrid vehicles because they allow you to do a tax write off.
This evidence helps show that electric vehicles can be more cost effective by three times compared to regular cars. The author also stated that the average electric vehicle can make it forty-three miles from one-dollar worth of electricity. This is about one fourth of the cost of a gallon of regular gas. In IEEE’s article the authors said, “In the next 10 to 20 years, changes in vehicular transportation will be driven by escalating fossil fuel prices,” (Austin Micheal and Russ Lefevre). The writer predicts major changes in the car industry because of the huge surge in gas prices.
Whether you want a car that can fit a large amount of people, or a sports car that can go extremely fast, an electric car will almost always be the best option for you. First of all, let’s talk about the environment. I’m sure you all know about greenhouse gases and global warming, so I won’t talk much about that, but you may not know that road vehicles produce 10% of all man-made greenhouse gas emissions. This does include vehicles other than cars like trucks, but Tesla just came out with an electric truck which is faster and can carry more weight than any petrol/diesel truck. Greenhouses gases carbon-dioxide and methane have hit their highest levels in the past 420,000 years, and the extent of arctic sea ice has declined about 10% in the last 30 years.
Electric vehicles are becoming more of a reality every day. Even living in a small town in Mississippi, I have noticed a slow, but gradual increase in the number of electric vehicles present on the road. Many major car companies have decided to produce electric vehicle alternatives for consumers to purchase. There are several main reasons why people are deciding to go green. Electric vehicles have become more appealing because of their nonharmful effects on the environment, availability of new charging stations, and cost-efficient charging.
To purchase any product advantageously it must be well informed about all the possibilities that the market offers to consumers. In the case of buying a new car, chances skyrocket. It is certain that old belief of some, indicating that cars cost the same in any official dealer of the brand, because they are fixed prices. Not even close. OCU has observed differences in the price of the same car up to 5,800 euros, 24% in the case of the same model Volkswagen Golf.
In contrary, in America it would be cheaper to handle and maintain an electric car due to the services the country provides. All in all, there are arrays of factors that play a key role in purchasing either of the two vehicles based on economical, environmental and location factors. Electric and gasoline cars have many similarities and differences. Both these cars can come off as either advantageous or disadvantageous based on how the person perceives the different aspects of the cars. Both cars consume energy in different ways and harm the environment in their own ways.
There will be no need to travel far to get a decent price on diesel anymore. I can recall times my parent had to take detours on a trip, or take an extra 15 minutes so she can get gas at a decent price. People would also not have to spend money on buying a car. Soon, the norm will be that people “will no longer spend thousands of dollars on a new car” (Haskins and Whitt 4). Therefore, buying a car won’t be necessary when a person isn’t in control of the car.
This is economical and thus gives people yet another preference compared to American cars. American cars have tried to improve this in their recent cars but they lack the power their previous partners once had. Foreign cars have put in place a gas saving advancement which has seen them realize an improvement in MPG and still hold control in the engine. Foreign cars are better to handle than American cars. Taking care of still is by all accounts is an issue for a good number of American cars.
It posted a 1.4 percent drop in first-quarter group sales, dragged down by negative currency effects, but the French carmaker said it was more optimistic about the European auto market this year ( Markets: Wed Apr 27, 2016 2:41am EDT). 1.1.2 CHALLENGES FACING PSA PEUGEOT i. Most of its global auto sales is concentrated in Europe. This lack of geographical concentration exposed the firm to a high degree of business cycle risk in Europe. ii.