The eco-cars must meet the Euro 5 environmental standard of releasing less than 100 g/km of carbon dioxide per 20 miles, compared with 120 g/km for existing models, and achieve fuel efficiency of 54.7 mpg....More
FTA negotiations between the two sides are not meant to change legislation dramatically on any shore of the Atlantic, but to find common sense and recognize each other’s standards, a knowledgeable EU source says....More
Broadening the car’s appeal by adding a larger engine has been key in the auto maker’s bid to strengthen its connection with younger buyers, who traditionally haven’t been a close fit for the brand....More
Two factors pushing sales are deferred demand and the average age of a car, which generally exceeds 10 years. "The Russian middle class is growing, with nine of the 10 best-selling cars in the country being foreign,” a GM executive says....More
Toyota launched the Russian plant in December 2007 but sourced Camrys from Japan in addition to building locally. One goal of the new second shift is to enable the plant to fully cover Camry demand in Russia....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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