WTO confirms ruling against China in autoparts case
The World Trade Organization confirmed on Friday it had ruled against China over its import tariffs for car parts, in the first WTO ruling...
Govt delays 2p fuel duty hike as oil surges
The government is to suspend a planned increase in fuel duty, Chancellor Alistair Darling said Wednesday, following protests by truck drivers and outrage from...
European car sales slump as inflation, oil prices rise
New car sales in Europe slumped 7.9 percent in June over one year as mounting inflation and soaring fuel prices spooked buyers, the ACEA...
Boris scraps £25 levy for most-polluting cars
London mayor Boris Johnson has withdrawn plans for a £25 per day congestion charge on the most polluting vehicles coming into the city, ending...
US automakers face tough road as June sales plummet
Automakers hit more bumps in the road in June as US sales fell precipitously, and manufacturers failed to adapt to a shift in demand...
Auto sales plunge in June
June auto sales plunged, according to reports from two major automakers that showed Americans shunning pickups and SUVs in the face of record gas...
German carmakers welcome modified emissions targets
German automakers could breathe easier Tuesday after Berlin and Paris agreed on a proposal that relaxes carbon dioxide emission targets for cars. The accord "is...
Gasoline guzzlers near extinction in US
America's decades-long love affair with monstrously large vehicles may finally be coming to an end, US automakers have predicted in the wake of a...
European new car sales rebound sharply in April
New car sales in Europe rebounded sharply in April, shwoing a 9.6-percent rise over the same month last year despite global financial problems and...
Japan says China quake to cause economic damage
A Japanese minister on Tuesday expected an economic blow from China's major earthquake, which shut operations of Toyota Motor Corp. and other Japanese companies. "It...
