The restrictions are part of an effort to raise air-quality standards being led by new Premier Li Keqiang, who faces the difficult task of balancing China’s need for consumption-led growth with its increasing desire for a cleaner environment....More
June sales plummeted 73.6% year-on-year to 1,673 units as buyers awaited the July 1 arrival of the split-year number plate. Dealers report more cars were sold that day than during the first 18 days of July 2012....More
Europe has not seen a monthly gain in car registrations since September 2011, and the region has not had a growth year since 2007, when a record 16 million vehicles were registered. Last year’s total was just 12 million....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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