CARMAKERS SHOW THEIR CAUTION ON ELECTRIC CARS AT LA AUTO SHOW
Electric cars are taking a back seat to more profitable trucks and sport utility vehicles at this year's Los Angeles Auto Show, a venue that recently has been a showcase for green cars. Despite Tesla Motors' (TSLA.O) bold bet on consumer demand for all-electric vehicles, traditional automakers at the show are pushing the trucks and SUVs that generate fat profits, in a reflection of how cheaper gasoline is influencing consumer spending. To view the upcoming all-electric Chevy Bolt, billed by General Motors (GM.N) as the future of electric vehicles, a potential buyer must first wade through myriad displays of trucks and SUVs at the Chevrolet section.