Search Results for: cars

The recent moves towards loosening trade and diplomatic relations between the US and Cuba has provided a source of cautious optimism within the American auto industry.
President Barack Obama has been loosening the 54-year trade restrictions after announcing a policy u-turn on December 17 last year, but only Congress, controlled by Republicans, can actually lift the economic embargo entirely.…

REPRESENTATIVES of the European and American automobile industries hope that the negotiations for a large-scale trade agreement between the European Union (EU) and the United States (US) will pick up pace after the publication of a new round of official documents by the European Commission.…

A long-running dispute between the European Union and Brazil over taxes on cars imported into Brazil has entered a critical final stage with a decision by the World Trade Organization (WTO) to set up a panel to consider the dispute. The row is not as straightforward, however, as an argument about allegedly punitive and illegal taxes.…

The Chinese government is tightening its controls on the movement of money abroad as the liberalisation of the Chinese Yuan Renminbi is expected to trigger a rush of money from the country, especially from China’s wealthy.

Some of China’s big spenders are reverting to big ticket purchases to get money out of the country.…

Roaming fees, net neutrality and radio spectrum are set to be the main regulatory issues related to M2M (machine-to-machine) and IoT (Internet of Things) discussed by European Union (EU) member states in 2015, say Brussels sources.

The new European Commission, which took office on November 1, inherited a full in-tray from its predecessor, notably having to pilot the ‘connected continent’ package through the EU Council of Ministers and the European Parliament.…

The French motor trade is celebrating victory in a multi-year campaign to persuade the government to tighten up the procedures for payment of value-added-tax (VAT) on second-hand vehicles imported into France.  The French ministry of finance has proposed reforms to the government’s national budget for 2014 that would end a cross-border fraud estimated to have cost the country a billion euros through the sale of about 160,000  used autos in the past 10 years, depressing the market for new France-made and imported cars.…

THE EUROPEAN automotive industry has declared that it is satisfied with the new greenhouse gas emissions policy agreed by the European Union (EU), which covers carbon controls up to the year 2030. Under the agreement set by heads of government within the European Council – the EU’s highest policy making body – industries such as auto-makers who are not included within the EU emissions trading system (ETS) must by 2030 reduce emissions by 30% compared to 2005 levels.…

A FREE trade deal struck between the European Union (EU) and Ecuador should benefit European auto manufacturers with increased market access in Ecuador, the European Automobile Manufacturers Association (ACEA) has told wardsauto. In a statement, ACEA welcomed the inclusion of Ecuador into the Andean free trade agreement previously concluded by the EU with Peru and Colombia.…

AUTOMOTIVE dealers in east Africa have welcomed a comprehensive trade deal, finalised earlier this month (Thursday Oct 16), between the European Union (EU) and the East African Community (EAC) as demand in EAC countries grows for European vehicles.

The deal is designed to boost trade, including automobiles and parts, between the two regions.…

Auto manufacturers’ gas mileage and emissions claims are a key part of marketing, but if these claims are shown to be false or skewered, it might be better if they had not been made in the first place. According to Transport and Environment (T&E), a Brussels-based organization that promotes transport policies based on sustainable development, the current system of testing cars to measure fuel economy and CO2 emissions in Europe “is not fit for purpose”.…