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Mon 10 Oct 2009Will electricity drive us all the way along road ahead?
A Japanese trade fair shows the motor industry is steering with extreme caution towards new fuel, writes MICHAEL McALEER
LAST DECEMBER Fiat Group chief executive Sergio Marchionne predicted that by the end of this global recession only six car firms would stand tall in the mainstream market – the others would have gone to the scrapyard. It seems a plausible argument, particularly as his statement coincided with the former goliaths of the US car industry, General Motors and Chrysler, seeking bankruptcy protection.
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