Despite the UK's £5,000 plug-in vehicle rebate ($7,904 U.S. at today's exchange rate), 2011 will not be the year "the electric car took off," according to The Guardian.
While GM may be hurting at home, its Chevrolet brand is breaking sales records in the UK. Fueled by its Daewoo-derived small cars, such as the redesigned Aveo "supermini" and the Matiz, the bow-tied brand enticed Brits to buy 18,372 of its vehicles in total in 2008. While that's only 16 units more than it moved the previous year, consumers in 2007 didn't face the credit availability challenges they do now. Chevrolet also debuted the Epica family sedan (also of South Korean extraction) this year