Automotive Industry
News covering the Automotive Industry at large.
503 articles in this category
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William Maley Staff Writer - CheersandGears.com September 17, 2013 Analysts are predicting that new car sales could reach pre-crash levels possibly next year. Sales in 2014 are projected to rise to 16.1 million vehicles, just shy of the 16.15 million cars sold in 2007. Part of this increase is coming from automakers building better products. Chrysler, Ford, and General Motors are real contenders in the compact and midsize marketplace. Also, Korean automakers are giving everyone in the industAdded by William Maley
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Members of Germany's government have passed a resolution that could mean the end of gas and diesel vehicles. German newspaper Der Spiegel reports that the Germany's legislative body, the Bundesrat (represents all sixteen states in the country) passed a resolution to ban the sale of gas and diesel engines in 2030. After that, only zero-emission vehicles will be allowed to be built. The resolution also calls on the European Union to follow in their footsteps. But the Bundesrat doesn't have aAdded by William Maley
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With President Donald Trump tweeting last Friday threating a 20 percent tariff on all imports of European Union assembled cars, the EU has responded by saying it would raise their tariffs on imports of U.S.-built vehicles. “If they decide to raise their import tariffs, we’ll have no choice, again, but to react,” said EU Commission Vice President Jyrki Katainen. “We don’t want to fight (over trade) in public via Twitter. We should end the escalation.” This comes a month after the TAdded by William Maley
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