There is reason to believe these cars can be sold in the lucrative metal export market, so it's not a total waste. Perhaps our old cars will help build the new chinese infrastructure.
I agree, it seems quite wasteful, but how wasteful remains to be seen.
Yes, even for cars with significant onboard user-oriented software systems (like the Prius) there is no upgrade path. It seems we are currently in the "early cellphone" phase, rather than the "iPhone" era where automotive software is concerned.
I agree, it seems quite wasteful, but how wasteful remains to be seen.