Search Results for: cars
10 results out of 1175 results found for 'cars'.
CANADIAN AUTO SECTOR FEARS INCREASE IN SOUTH KOREAN IMPORTS AFTER TRADE DEAL SEALED
A TRADE agreement struck between Canada and South Korea this week (Tuesday March 11) has raised fears in the Canadian automobile about a potential increase in South Korean automotive exports.
Upon the agreement’s ratification (which may happen within a year), South Korea will remove all existing tariffs, including on all passenger cars and light trucks (8%) and all automotive parts (3% to 8%) exported from Canada.…
EU SAFETY REPORT HIGHLIGHTS PROBLEMS CAUSED BY RECALLS, BUT AUTO-MAKERS CAN MITIGATE EFFECTIVELY
WHEN a company issues a motor vehicle recall, there are a number of short term and long term implications. The company must consider the costs of repairing the vehicles, any legal costs that might arise, and, of course, its reputation.
But Paul Nieuwenhuis, co-director of the Centre for Automotive Industry Research at Cardiff Business School in the UK, said companies often decide to cut costs when manufacturing a vehicle, calculating that the costs associated with issuing a recall as a result would be worth it.…
TURKEY AUTO SECTOR GROWS, BUT SLOWLY BECAUSE OF HIGH TAXES
Turkey’s automotive market grew strongly in 2013, driven by strong economic growth and a government incentive scheme designed to boost investments in the sector. However, high taxes are limiting growth and imports still dominate the market.
According to data from Turkey’s Automotive Manufacturers Association (OSD – Otomotiv Sanayii Dernegi), the passenger car and light commercial vehicle market grew 9.7% in 2013, with total sales reaching 853,378, compared with 777,761 in 2012.…
EU ROUND UP – EU HEADS OF GOVERNMENT PUSH FOR ENERGY DIVERSIFICATION PLAN
DETAILED work is under way to create a plan to further diversify the European Union’s (EU) energy supplies routes, after EU heads of government agreed to “address the issue of external energy dependency.” The urgency follows concern sparked by Russia’s annexation of the Crimea from Ukraine.…
EU ROUND UP – EU AGREES NEW FUEL EMISSIONS LIMIT – BUT PLANS TIGHTER CONTROLS
THE EUROPEAN Parliament has approved a new target for CO2 emissions from cars in the European Union (EU) of 95g CO2/km in 2021, but the European Commission is already plotting tighter controls. Welcoming MEP’s vote, European Union (EU) climate action Commissioner Connie Hedegaard said: “It is clear that long-term clarity is important for the car industry.…
CAR MANUFACTURING WILL NOT DISAPPEAR FROM EUROPE DESPITE DIFFICULTIES, SAYS ACEA NEW BOSS
WHATEVER happens in Europe, an automobile manufacturing base will always be needed on the continent, Erik Jonnaert, the new secretary general of the European Automobile Manufacturers Association (ACEA) told wardsauto in his first interview since taking office in October 2013. (THAT’S WHAT WE WERE TOLD – BUT WE’RE DOUBLE CHECKING THIS AND WILL ADVICE MONDAY)
“I don’t think there should be any fear that we will evolve towards a situation where all manufacturing would move out of Europe,” he said, convinced that vehicle manufacturing still had a role to play on the continent despite historically low sales and increased competition from Asia.…
NEW CONNECTED CARS STANDARDS DEVELOPED IN EUROPE
A FIRST set of technical standards saying how European manufacturers should build technologies that enable vehicles to communicate with each other and with roadside communications infrastructure has been released. The European Committee for Standardization (CEN) and the European Telecommunications Standards Institute (ETSI) have issued an initial set of standards for cooperative intelligence transport systems (C-ITS) – called Release 1 – following a request from the European Commission in 2009.…
EU ROUND UP – BRUSSELS WANTS GLOBALISATION OF INTERNET GOVERNANCE
THE EUROPEAN Commission has called for significant globalisation of Internet governance. It has released a detailed policy paper that suggests a clear timetable over the next two years for globalising the currently US-based ICANN (Internet Corporation for Assigned Names and Numbers) and its associated IANA (Internet Assigned Numbers Authority).…
BRAZIL CAR TARIFFS HAVE CURBED CAR IMPORTS, TAKEN RESEARCH JOBS AWAY, SAYS EU OFFICIAL
BRAZIL’S taxes on imported products, meant to encourage domestic production, has curbed imports of motor vehicles from the European Union (EU) and in some cases even moved research and engineering jobs from Europe to Brazil, an EU official has told wardsauto.com. …
EUROPEAN CAR-MARKERS WANT FUEL QUALITY STANDARDS TO STAY AFTER POTENTIAL FUEL LAW LIBERALIZATION
EUROPEAN carmakers, represented by the European Automobile Manufacturers Association (ACEA) in Brussels, want the standard of fuels available for sale in Europe to be maintained beyond 2020, when a European Union (EU) law on fuel quality may be weakened or scrapped.…