Right now, electric car technology, although fairly advanced, is still quite expensive, and so are the cars that use it.
Daily Archives: September 8, 2013
Europe carmaker executives cautiously optimistic
Instead of hitting the panic button, European automakers pressed reset on their operations in the region. The restructuring and an improving economy have made some industry executives cautiously optimistic.
Green shoots of recovery are beginning to appear for Europe’s carmakers, despite continued shrinkage in the region’s overall new-car sales.
judge says VW employee sports-sponsor trial may end with fine
Volkswagen Group employees and former managers at a Deutsche Telekom unit may be able to settle a German trial over alleged soccer-team sponsorship bribery by agreeing to fines, the judge overseeing the case said.
Futuristic smart fourjoy concept unveiled ahead of Frankfurt
Smart has unveiled a fourjoy concept ahead if its public debut at next week’s Frankfurt Motor Show.
Hyundai Korea reaches tentative deal to end strike
Hyundai Motor Co. reached a preliminary agreement with its South Korean union to raise wages, paving the way for the end of a strike that’s resulted in an estimated 1 trillion won ($910 million) in lost output.
