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EPA Puts US Carmakers on Notice for Potential Emissions Rigging

2015-09-26 05:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Sputnik: The US government regulator that accused Volkswagen of gaming emissions tests with illicit software has notified car manufacturers in the United States it will go after them next. The Environmental Protection Agency (EPA) ordered the German company last week to recall 482,000 of its diesel-engine vehicles whose emissions kits were fitted with so-called defeat devices. The gadgets in the cars were found to have curbed emissions results by up to 40 times the real greenhouse gas levels. "Today...

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Mazda Leads Japan Carmakers Lower on VW Emissions Scandal

2015-09-24 10:38:56| Automakers - Topix.net

Volkswagen has tumbled 31 percent since admitting it used "defeat device" software to pass diesel emissions tests, leading declines on the 30-member Bloomberg World Auto Manufacturers Index. Japan resumed trading Thursday after a three-day break, with Mazda falling 6.8 percent, Honda Motor Co.

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Carmakers curb China output

2015-09-16 00:23:55| Auto Dealers - Topix.net

BMW CEO Harald Krueger collapses at a presentation during the media day at the Frankfurt Motor Show in Frankfurt, Germany, yesterday. Krueger collapsed as he was commenting on BMW's latest models during a news conference.

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Carmakers fret over market turmoil in China, where auto sales largely outpace U.S.

2015-09-03 02:25:24| Auto Dealers - Topix.net

A decade ago, Chinese drivers bought just 6 million cars annually, less than a tenth of the vehicles sold worldwide. By last year, after an explosion of wealth for the middle and upper classes there, they bought almost 24 million vehicles - accounting for more than a quarter of global sales and a huge share of profits for major automakers.

Tags: us auto sales china

 

US: auto sales up and at'em for the Asian carmakers in July

2015-08-04 15:27:52| Auto Dealers - Topix.net

With sales happy and healthy across the US auto industry, there were very few brands that could say they had a bad month in July and none of the top Asian players fell in the latter category. The US auto sales in July reached 1.51 million units according to Autodata Corp., with the seasonally adjusted annualized rate of sales at 17.6 million - both figures above average analyst predictions and both figures the best in a decade or more.

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