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
Last month’s sales signal a slowdown expected to continue in June as the backlog from last year’s first-car tax-rebate scheme and natural disasters in 2011 and 2012 subsides and the market returns to normal....More
Toyota has been cool toward EV technology, believing fuel-cell vehicles offer a better long-term solution to global warming. But the No.1 hybrid maker nevertheless launched all-electric versions of the Scion iQ and RAV4 in 2012....More
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