Search Results for: cars

The Venezuelan government’s economic policies have created a boom in smuggling contraband meat and livestock to neighbouring Colombia. The trade is pushing down Colombian prices, putting consumers at risk and threatening the country’s hopes of becoming an export nation.

Between January and September this year, Colombia’s tax and customs police (Policia Fiscal y Aduanera – POLFA) made over USD1 million worth of seizures of meat and livestock in the form of 106 tonnes of beef, 4 tonnes of pork, 11 tonnes of chicken, 1,024 live cows, 243 pigs and 23,100 chickens.…

European Union (EU) prime-ministers and presidents meeting last night in Brussels agreed a new emissions policy and tried to reassure high energy European industries that the free allocation of emission certificates will not expire after 2020.

The EU’s European Council, its leading policy-making body, agreed that “existing measures will continue after 2020 to prevent the risk of carbon leakage due to climate policy, as long as no comparable efforts are undertaken in other major economies, with the objective of providing appropriate levels of support for sectors at risk of losing international competitiveness.”…

IT is often said that the UK and USA are separated by a common language, but there are real and clear differences between the two countries’ approaches to developing combined head and power (CHP). This is today firmly entrenched as part of the UK energy mix but many in the industry would argue that this is in spite of rather than because of the approach taken by ministers.…

Thailand’s paint and coating industry is facing a challenging time as its country grapples with economic and political difficulties. Thailand’s economic growth has slowed significantly over the last two years. GDP expanded by 6.6% in 2012, as the country recovered from the devastating floods of 2011, which hit northern, north-eastern and central Thailand, as well as parts of Bangkok.…

Russia may ban imports of cars from the European Union (EU), the United States and maybe Japan if Brussels and Washington impose additional sanctions because of Moscow’s role in the Ukraine crisis.

An aide to Russia’s President Vladimir Putin told wardsauto that the Russian government would be especially monitoring a meeting of the EU Council of Ministers for foreign affairs on October 20.…

THE EUROPEAN Union’s executive, the European Commission has threatened Germany with legal action unless it orders its automakers to comply with EU legislation covering mobile air conditioning systems in motor vehicles. If Berlin refuses and the case goes against it in the European Court of Justice (ECJ), Germany could end up paying massive recurring fines of thousands of Euros a day, until it complies.…

THE EUROPEAN Automobile Manufacturers Association (ACEA) has called on the European Union (EU) to take broad action to make cleaner fuels more available across Europe, now the final details of the EU’s fuel quality directive have been revealed. The European Commission has proposed a complex formula for measuring the amount of emissions involved in making and using liquid fuels, which is tied to commitments by member states to reduce carbon emissions linked to transport.…

Trade–based money laundering (TBML) must be one of the oldest – and in some respects the simplest – forms of money laundering. You simply fake the invoice of a shipment so that the receiver of the goods gets something far more valuable (or possibly far less valuable, so that the ‘profit’ is made by the sender) than the price reported to the authorities.…

AN ITALIAN-Chinese company is attempting to emulate IKEA in the automobile market, by offering a modular home and small-workshop production system for putting together a part-made car.
Based in Hong-Kong with a research and development centre in Busto Arsizio, Italy, OSVehicle is currently developing a homologated, modular car platform, called the Urban TABBY, with the key components for making a finished car that is legal to drive on roads across the European Union (EU).…

THE CANADIAN auto industry has welcomed the Comprehensive Economic and Trade Agreement (CETA) now negotiated between the European Union (EU) and Canada, but it may become more significant, if a trade deal is struck between the EU and the USA.

“The biggest issues with CETA, and what we’re excited about, is the removal of the EU 10% tariff,” said Jeffrey Pierce, policy analyst at Canadian Manufacturers and Exporters, an industry association, whose members include Canada-based automotive manufacturers.…