[vc_row][vc_column][vc_column_text]The European Commission has approved under the EU Merger Regulation the creation of a joint venture by Faurecia, S.A. of France and Magneti Marelli S.p.A of Italy. Faurecia manufactures and supplies automotive equipment, including seating, interior systems, such as insturment panels, acoustic modules, decorative parts...
[vc_row][vc_column][vc_column_text] Capacity utilization at Europe's vehicle plants should rise to 70 percent this year because of factory closures and rising sales, and may return to 80 percent as soon as 2016, say forecasters. A return to the 2007 high of 85 percent, however, is not expected...
[vc_row][vc_column][vc_column_text]A new report says that all of Europe’s car manufacturers are set to meet a fuel economy target of 95 grams of CO2 per km (g/km) by 2021, except for the Italian auto-maker Fiat, and Germany’s BMW. The new analysis of car-makers’ CO2 emissions in 2013...
Manufacturers would not be allowed to use new lorry designs earlier than the deadline, which would be delayed until 2025....
[vc_row][vc_column][vc_column_text]Even the most ardent car lovers would struggle to identify some of the vehicles built by major multinational auto companies in China. A BMW Brilliance Zinoro, an SGMW Baojun and a Dongfeng Nissan Venucia are among the “indigenous” brands that the Chinese government requires foreign-invested joint...
[vc_row][vc_column][vc_column_text] The European Parliament adopts a less ambitious text than the Commission had hoped for. [/vc_column_text][vc_empty_space height="20px" image_repeat="no-repeat"][custom_font font_size="16" line_height="26" font_style="normal" text_align="left" font_weight="300" text_decoration="none" text_shadow="no" padding="0" margin="0" color="#adadad"] “I am sorry that together we did not manage to convince the Council to accept a more ambitious text”. [/custom_font][vc_empty_space height="20px"...
[vc_row][vc_column][vc_column_text] Electric and hybrid cars will have to generate noise to make them safer for pedestrians, especially the visually impaired, the European Parliament says. MEPs agreed that in future the vehicles must be fitted with devices to make them "sound similar" to cars with combustion engines. The move...