reduced its carbon emissions by encouraging its residents to walk, cycle or use public transportation instead of private cars. Malmo, on the most-southern part of Sweden, plays an important role in connecting Scandinavia to the rest of Europe. Until the
Peugeot Citroen says its confident that it will see rising demand for its cars both in Europe and emerging markets this year. CNBC asked CEO Philippe Varin if he could drive sales without incentives
it just unveiled in Germany. Like Acura’s ZDX or Infiniti’s EX, Audi aims to have luxury cars looks and handling, but hatchback praticality. The A7 Sportback makes use of lots of aluminum for light weight. At least in Europe, Audi will offer a choice of
because it has been achieved despite the end of scrappage incentives in Europe. A total of 117,938 cars were made last month, along with 10,656 commercial vehicles, 24.9pc more than June 2009. In total, 28.3pc more vehicles were manufactured in the UK.
get more difficult, said Arndt Ellinghorst, an analyst at Credit Suisse. Government incentives in Europe to scrap old cars for new ones have helped carmakers weather a sharp downturn, but as the schemes run out investors want to know how solid the
PARIS – PSA Peugeot Citroen SA says that sales of cars and light trucks rose 17 percent in the first half as France’s largest carmaker increased market share in Europe and benefited from fast growing markets such as China. In
of the current model. In Europe it features a smaller engine, USB, climate control and 16-inch alloys. Suzuki Cars Suzuki Swift (Mark III) It’s not due here until the first half of next year, but the new Swift looks to build on the success of the
the backbone of Europe’s largest economy, is booming again. Fueled by the huge appetite for German luxury cars in China and the fact that the plunging euro has made European products cheaper abroad, manufacturers say they are shaking off the last of the
lure of the thriving Indian passenger car market (which is expected to grow from the present two million cars a year to six million in 10 years time), particularly at a time when Peugeot’s market share in Europe is eroding, seems to be too strong to
PARIS: Worldwide sales of new cars are expected to rise 7.0 percent this year to 68 million units despite a 10 percent slide in Europe, a study by the AlixPartners research group predicted Monday. The