An industry official says it is too early for the government to be launching the new phase, as eco-car makers still are busy meeting the first-phase criteria and worrying about the continuity of the government's energy policy....More
Deliveries through nine months were 3.4% ahead of like-2012, but recent flooding in large areas of the country and the end of tax breaks for first-time car buyers helped drop September sales 28.4%....More
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
Reports by JPMorgan Securities Japan detail the industry’s reversal of fortune since the dark days following the Lehman Brothers bankruptcy and subsequent start of the global recession in fall 2008....More
The distributor sold 37,575 vehicles this year through June, up 16.6% from like-2012, while the Russian market was down 5.8% overall. A target of 150,000 units for 2015 could mean adding local assembly of a B- or C-car....More
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