Half the budget is reserved for fleet customers and business use. Another 35% is to support individual sales of cars with carbon-dioxide emissions of 95 g/km or less. The final 15% is pegged for vehicles with CO2 ratings of 50 g/km or less....More
Each PIVE program offered subsidies to new-car buyers who had to show they were scrapping a model 10 to 12 years old. But because none set a minimum ownership period, some old vehicles changed hands without leaving the junkyard....More
The Henry Ford in Dearborn, MI, hosted its fifth annual Maker Faire Detroit this past weekend in highlighting the importance of grassroots innovation and problem-solving. Some 400 creators participated in this year’s event, including 100 for the first time.
“What we are finding is manufacturers are not only bringing technology in faster than we thought they would, they are also bringing different technology to fruition than what we anticipated,” says the EPA’s Michael Olechiw....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