Mexican Media Brands
Russia Threatens to Limit Used-Car Imports
Russia says it may counter any new trade sanctions from the EU by imposing caps on imported used cars from the region, the Financial Times reports.
#economics
Share
Russia says it may counter any new trade sanctions from the EU by imposing caps on imported used cars from the region, the Financial Times reports.
The threat from Russia's top economic aide Andrei Belousov, reported by the state-controlled RIA Novosti news agency, came as the EU delayed a new round of trade restrictions against Russia over its role in civil unrest in Ukraine.
Several EU diplomats balked at implementing new sanctions related to Russian oil projects because of a partial cease fire between Ukraine government forces and Russian-backed rebels.
The EU has agreed instead on a late-September review of sanctions against Russia and asked the European Commission for options to amend, suspend or cancel the measures.
RELATED CONTENT
-
China and U.S. OEMs
When Ford announced its 3rd quarter earning on October 24, the official announcement said, in part, “Company revenue was up 3 percent year over year, with net income and company adjusted EBIT both down year over year, primarily driven by continued challenges in China.” The previous day, perhaps as a preemptive move to answer the question “If things are going poorly in China, what are you doing about it?, Ford announced that it was establishing Ford China as a stand-alone business unit.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data