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U.K. Business Confidence Hits Record Low
2/11/2013Confidence among British businesses fell last month despite improvements in the labor market, according to London-based accounting and consulting firm BDO LLP.
Fiat 500 Production Moving from Mexico to Poland
2/11/2013Fiat SpA will shift production of its 500 city car from Toluca, Mexico, to Tychy, Poland, when the next-generation model launches in 2015, according to Automotive News Europe, which cites unidentified sources.
American Gasoline Prices Keep Rising
2/11/2013The average U.S. price of gasoline climbed to $3.59 per gallon on Monday, up six cents from a week ago, according to the AAA Daily Fuel Gauge Report.
U.S. Cuts Auto Bailout Loss Estimate by $4 Billion
2/11/2013The U.S. Dept. of the Treasury has slashed the forecast for its loss on the rescue of the auto industry in 2008-2009 to $20.3 billion from its previous estimate of $24.3 billion.
India’s Car Sales Slide 12%
2/11/2013Registrations of new passenger cars in India fell to 173,400 units last month compared with 198,100 units in January 2012, according to the Society of Indian Automobile Manufacturers.
Car Sales Drop 12% in India
2/11/2013Registrations of new passenger cars in India fell to 173,400 units last month compared with 198,100 units in January 2012, according to the Society of Indian Automobile Manufacturers.
EU Temporarily Clears French Aid to Banque PSA
2/11/2013The European Commission's anti-trust authorities have given permission for the first €1.2 billion of the French government's proposed €7 billion in loan guarantees to PSA Peugeot Citroen's finance unit.
Study: Test Loopholes Create One-Third of Europe’s “Green Gains”
2/11/2013European carmakers lowered the average carbon dioxide emissions of their cars 16% to 167 g/km between 2002 and 2010, according to the region's mandated testing method.
Study: One-Third of “Green” Gains in Europe Due to Test Variations
2/11/2013European carmakers lowered the average carbon dioxide emissions of their cars 16% to 167 g/km between 2002 and 2010, according to the region's mandated testing method.
Used-Car Sales in U.S. Grew 4% in 2012
2/11/2013Sales of used cars and light trucks in the U.S. increased to 40.5 million units in 2012 from 38.8 million units the previous year, according to Manheim Consulting Group.