A panel of experts says the automation of both steering and adaptive cruise control is being achieved in cars such as the Mercedes S-Class. Fully autonomous urban cars could arrive as early as 2017 and as late as 2030.
European Commission rules governing the source of biomass have damaged the profit outlook for early producers and chilled investment in second-generation biofuels that will make fuel from agricultural wastes.
Researcher Elisabeth Gouvernal says about 35% of 18- and 19-year-olds had drivers’ licenses in 1983, but in 2010 only 19% did. Of all segments of the population, only retirees are driving more now than earlier generations did.
Mild hybrids use a small energy-storage system that can recover braking energy quickly and software that reuses it just as quickly to keep the internal-combustion engine working efficiently to meet Europe’s 95 g/km CO2 goal.
The earnings swoon also reflected difficulties in international markets, specifically South America, where economic headwinds are affecting sales, and in Europe, where GM continues to book losses as it restructures its business....More
Popularity of this new breed of vehicles is growing rapidly worldwide, and more automakers are beginning to test the U.S. market, where buyers are expected to migrate from small hatchbacks and sedans....More
In October 2013, trade between NAFTA partners totaled $103.1 billion, up 4.5% from a year earlier, marking the first month in the pact’s history in which trade exceeded $100 billion in a single month....More
Economic recovery is weak and gradual, unemployment remains stubbornly high and Europe faces a growing and acute economic challenge from other global regions. We will only deliver the full potential benefits of the Single Market if we set a genuinely new course for Europe....More