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California environmental regulators, taking a defiant stand against President Donald Trump on climate change, reaffirmed their commitment Thursday to tough standards to reduce greenhouse gas emissions from cars. The California Air Resources Board voted unanimously to move ahead with progressively stricter tailpipe emissions regulations, along with a separate mandate that requires automakers to sell more zero-emissions vehicles. The vote on greenhouse gas restrictions suggests a potentially bruising legal battle with the White House could be coming. Trump last week ordered the U.S. E...
Predictions for the 2017 global light vehicle sales say that they might reach 93.5 million units, that’s a growth rate of 1.5% over 2016. But even so, industry risk in mature markets is at the highest level it has been since the Lehman Brothers collapse and global industry downturn from 2008 through 2010, and will be a key factor for the near future. Engine propulsion options are expected to have an influence as well. Political uncertainty could cause a significant rift in light vehicle sales both in the U.S. and Europe, as both regions are undergoing fluctuations in policy, l...
Criminal proceedings against Volkswagen Group’s diesel-emission scandal has been started in Luxembourg. Regulators had been cheated by car manufacturers. European Union country's infrastructure minister said it was lodging a complaint with prosecutors without naming any of the parties under suspicion. He said that due to a large probability that a defeat device was used, they decided to launch a lawsuit. In documents handed out to reporters at a news conference, Luxembourg's infrastructure ministry described itself as a victim of criminal action that led it to certify ...
Tighter emissions rules in China and Europe put the global automakers and some consumers in tough situations, with an only choice they'll have to face, we are talking about embracing plug-in vehicles. The electrification of cars is a trend now, the electric car sales expanded by 50% in just 5 years. In Europe, green cars benefit increasingly from subsidies, tax breaks and other perks, while combustion engines face mounting penalties including driving and parking restrictions. China, struggling with catastrophic pollution levels in major cities, is aggressively pushing plug-in ve...
As 2016 is almost over, the U.S. auto market is on the verge of setting a new sales record, beating last year's mark of 17.5 million new cars and trucks. Auto sales have been booming for several years, powered by a combination of cheap gas, easy credit, and pent-up demand. And with the unemployment rate now below 5%, there are plenty of Americans who now need a reliable, technologically up-to-date vehicle to get to and from work. Although some analysts think the market has plateaued and that there's no more growth to be had, the fundamentals point to continued strong sales b...
