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BMW car sales rise 4% in May as Europe, U.S. offset slow China demand

2015-06-12 14:39:15| Auto Dealers - Topix.net

BMW said vehicle sales at its core BMW brand rose 4 percent in May to 159,129 vehicles, helped by strong demand in the U.S. and an ongoing recovery in the European car market, which offset sluggish growth in China. Sales of BMW, Mini and Rolls-Royce vehicles rose 5.9 percent to 188,287 vehicles, making it the best May ever for the group, BMW said in a statement today.

Tags: sales china car europe

U.N. surprises everyone with a breakthrough deal to slow deforestation

2015-06-12 01:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: A surprise deal emerged from U.N. climate negotiations in Bonn, Germany, this week: Diplomats managed to reach a key agreement to compensate developing nations that agree to preserve their forests. And environmental and civil society groups had generally nice things to say about the deal. Deforestation has a huge effect on climate change. Activities like slash-and-burn agriculture account for nearly 20 percent of greenhouse gases emissions, according to the U.N. Trees, of course, also play a key...

Tags: deal slow breakthrough surprises

Climate change progress 'too slow'

2015-06-11 17:03:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: International talks in Bonn have made progress towards a new global deal on climate change, says the UN, amid calls from NGOs for a faster pace. Countries are working towards options to limit greenhouse gas emissions from 2020 in time for a crunch Paris summit. The UN said progress had been made towards streamlining the text of a new agreement at talks in Bonn. Environmental groups said ''difficult issues'' such as finance and emissions cuts had yet to be addressed. The 11-day meeting...

Tags: change progress slow climate

Car Sales Slow in China's West, Denting Hopes of Auto Makers

2015-06-11 04:15:07| Auto Dealers - Topix.net

CHONGQING, China-A surprise sales slump is hitting what had been a fast-growing part of the world's biggest car market. That could be bad news for mass-market global brands like Volkswagen The global auto industry has, in recent years, been betting on China's west, where they see potential for faster growth than in the more affluent-and car-saturated-cities along the coast and in the country's eastern and southern manufacturing belts.

Tags: auto sales west car