
The VW Golf TGI BlueMotion can travel 420km on compressed natural gas and 940km on gasoline for a combined range of more than 1300km.

The VW Golf TGI BlueMotion can travel 420km on compressed natural gas and 940km on gasoline for a combined range of more than 1300km.

Europe’s car market may have finally stopped shrinking, but a manufacturers’ price war will not let up until sales increase significantly, Ford of Europe’s sales boss, Roelant de Waard, said.

Daimler says its car-sharing program is already profitable in multiple cities and BMW expects its scheme to start making money this year.

European passenger car registrations fell by 6.3 percent in June to a two- decade monthly low as the region’s weak economy hurt demand at automakers including Volkswagen, Opel, Fiat and PSA/Peugeot-Citroen.

Europe’s decline in car sales is showing signs of bottoming out but heavy price competition among brands and dealers threatens to kill any sense of relief for automakers struggling with excess plant capacity.