Daily Archives: August 10, 2013

mixed ruling on Honeywell refrigerant from German officials

EU seeks to defuse row over Mercedes refrigerant

A new air conditioning refrigerant used in cars poses no material risk to occupants even if it is more dangerous than an older alternative now being phased out to meet environmental rules, German officials said in a closely watched report.

Bloomberg says BMW, Ferrari, and VW cars contain metal mined by terrorists

Bloomberg says BMW, Ferrari, and VW cars contain metal mined by terrorists

Tungsten ore mined by a terrorist group in Colombia ends up in cars built by BMW, Ferrari and Volkswagen, a Bloomberg Markets magazine investigation says.

Younger consumers stymied in buying cars by high unemployment

The auto industry says people under 34 are gradually starting to buy cars again as their economic circumstances improve.

After the Great Recession, sales of cars to young people dropped significantly. Fewer of them even bothered to get drivers licenses. Some experts surmised that the group lost interest in cars because of the prevalence of social media.