August 31, 2014 at 00:53 #9701August 31, 2014 at 00:56 #9702
Almost 18 months have passed since Shai Agassi’s Better Place electric car venture collapsed, but the companies involved are still busy with the remnants of the failed project. Sources inform “Globes” that Carasso Motors Ltd. (TASE: CRSO), importers of Renault and Nissan cars, is turning hundreds of remaining Better Place cars into scrap, following Better Place’s liquidation in May 2013.
The cars were stored in Ashdod Port, where they were apparently damaged by being kept there for so long, and it is therefore not economically feasible to sell them on the market. At the same time, the leasing companies and Carasso itself are trying to sell the usable cars through various bargain campaigns.
Carasso said in response, “We intend to scrap mainly Renault Fluence electric cars damaged during their prolonged storage in Ashdod Port.”August 31, 2014 at 09:21 #9703
Reminds me of the American general Motors EV1 debacle. What lack of vision, lack of foresight – what mindless moron would let valuable assets just sit there rotting away until nothing but a pile of scrap! It beggars belief.
Mind you, I remember the good old days of British Leyland where airfields around here were covered with unsold cars just decaying away. If you passed the Pressed Steel factory there were bodyshells scattered around, unprotected, doing the same. It’s not that they couldn’t make a decent car, the same factory turning out the BMC shells was also producing shells for Rolls – these were not left lying around, they were whisked away by train, each covered in a royal blue tarpaulin! While all this was going on the workers at PS and neighbouring BL were calling strike after strike and management….. who knows what they were doing.August 31, 2014 at 10:56 #9704
what mindless moron would let valuable assets just sit there rotting away until nothing but a pile of scrap!
Corporate accountants. To them it makes sense to deprive others of the opportunity to acquire goods that are wasted assets to them. They either sell a thing for a profit, or it is scrap. Nothing in between. There is no route on their little flow diagram for what you’re thinking.
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