Search Results for: cars
10 results out of 1175 results found for 'cars'.
NEW HUNGARY ENGINE PLANT TO FUEL GM GROWTH IN SOUTH-EAST EUROPE
BY ZLATKO ?ONKA?
GENERAL Motors (GM) Europe unit Opel/Vauxhall is constructing a new engine plant in the western Hungarian city of Szentgotthárd, aiming to boost the company’s growing share of the south-east Europe market. Opel managers have said they want this Euro EUR500 million investment (US dollar USD713.780 million) to help the company grow its 5.5% market share (in 2010 – 35,456 cars) of the regional market, making it the sixth most popular marque (up from eighth in 2009).…
THE SECRET WORLD OF CARTELS CAN COST CAR DEALERS AND CONSUMERS DEAR
BY KEITH NUTHALL, DEIRDRE MASON and MJ DESCHAMPS
Car dealers like a good deal – that’s a given. And they hate a bad deal. But when they are getting a bad deal, and the wool is being pulled over their eyes – well, that takes the biscuit.…
LEBANESE-CANADIAN BANK DESIGNATED A PRIME MONEY LAUNDERING CONCERN
BY PAUL COCHRANE
EARLIER this year, the Lebanese-Canadian Bank (LCB) was designated by the United States as a prime money laundering concern, for alleged connections to drug traffickers and acting as a financial conduit for Lebanese political party Hezbollah, which Washington considers a terrorist organisation.…
JAPAN PROPERTY MARKET WITHSTANDS EARTHQUAKE DEVASTATION, ALTHOUGH NUCLEAR FEARS COULD HIT INVESTMENT
BY JULIAN RYALL
NEARLY two months after northern Japan was shaken by a magnitude-9 earthquake and then inundated by a tsunami that in places reached a height of 38 metres and devastated the Fukushima nuclear power plant, the final toll has not been calculated.…
EU ROUND UP - BRUSSELS WANTS TO BAN PETROL FROM EU CITIES
BY KEITH NUTHALL
THE EUROPEAN Commission has laid down the gauntlet to the fossil fuel sector, releasing a comprehensive long-term strategy that would halve the use of ‘conventionally-fuelled’ cars in urban transport by 2030, phasing them out in cities by 2050.…
FRANCE BOOSTS RENEWABLE SPENDING - BUT ITS LONG-TERM COMMITMENT TO NUCLEAR POWER REMAINS
BY PACIFICA GODDARD
FRANCE is far ahead of the curve in terms of weaning itself off fossil fuels and sports the closest thing to energy independence of any country in Europe. Ever since 1974 when the government decided to rapidly expand the country’s nuclear power capacity, France has not felt the intense stress of energy insecurity nor been particularly impacted by the rising and falling prices of fuel.…
BRUSSELS MAY HAVE OVERREACHED ITSELF IN PLAN TO PHASE OUT COMBUSTION ENGINES
BY KEITH NUTHALL
TRANSPORT has always been a key policy area for the European Union (EU), given its cross-border nature is somewhat self-evident – and fleets have long grappled with EU rules on car safety, licences, transfer of ownership, insurance and other matters.…
SUSTAINABILITY PROBLEMS MAY RESTRICT BIOFUEL TRANSPORT USE IN EUROPE
BY KEITH NUTHALL
IT almost seems like yesterday when European policymakers were hailing biofuels as the practical green alternative to fossil fuels, so clean – cars, vans and trucks might as well have been running on water. However, with the growing and widespread acceptance that producing many biofuels (and burning them of course) produces substantial carbon emissions, those days are well and truly over.…
EU ROUND UP - BRUSSELS PLOTS AMBITIOUS COURSE OF ACTION ON ENERGY SUSTAINABILITY
BY KEITH NUTHALL
THE EUROPEAN Commission has unveiled the cost of its ambitious plan for cutting European Union (EU) greenhouse gas emissions by 80-95% of 1990 levels by 2050. Brussels says that an additional targeted annual investment over the next 40 years is needed – equalling 1.5% of the EU’s GDP – or Euro EUR270 billion.…
NEW VAN EMISSIONS DIRECTIVE COULD RAISE PRICES WARNS MANUFACTURERS ASSOCIATION
BY KEITH NUTHALL
THE AGREEMENT by the European Parliament last week of CO2 emissions limits for vans sold in the European Union (EU) could increase prices for new models, the European Automobile Manufacturers Association (ACEA) has warned. Communications director Sigrid de Vries told Fleet News the targets were "extremely challenging" in the long term.…