The Obama administration is again delaying regulations on whether new cars and trucks must come equipped with rearview cameras to protect against drivers backing over people in blind spots behind their vehicles, a victory for automakers who say requiring the cameras is too costly.
Transportation Secretary Ray LaHood said Thursday in letters to three members of Congress that more research is needed. He set a new deadline of January 2015 for the regulations.
The European Commission’s proposal would reduce average fleet CO2 to 95g/km by 2020.
Senior members of the German government have warned EU member states that Germany’s automakers could scale back or scrap production plans in their countries unless they support weakened carbon emissions rules, according to diplomatic sources.
Diesel is going to remain the “dominant” growth fuel in transportation on earth for several decades to come, according to U.S. and international energy and transportation experts.
ExxonMobil estimates that diesel will surpass natural gas as the number one global transportation fuel by 2020. Diesel demand will account for 70 percent of the growth in demand for all transportation fuels through the forecast period to 2040.
Beijing Automotive Group is eying automakers in Europe as potential takeover targets as it seeks acquisitions abroad to boost its international business.
Investment banks have found three medium-size automakers with “good brand image” in Europe, said Dong Haiyang, president of the company’s newly established BAIC International Development Co.
Carfax introduced a new, free service that makes taking care of your car easier – myCarfax.
Car owners can use this new tool to track their service history and reduce the headache of keeping their car well maintained. Users receive automatic service alerts and get critical information about open safety recalls reported for their car.
