AUTOSHOW-Diesel car sales seen peaking in Europe

Newswire

By Poornima Gupta PARIS, Sept 29 (Reuters) - Sales of diesel-powered vehicles may be peaking in Europe as stringent emissions laws push up prices, but the popularity of the engine is likely to increase in other parts of the world, auto industry executives said. "We see sales flattening out (in Europe), mainly driven by cost and cost of meeting new emissions standards," Roger Johansson, vice president of General Motors Corp.'s powertrain operations in Europe, told Reuters. Diesel ...

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