Daily Archives: May 28, 2014

Volvo teases upcoming luxury SUV with a touch of glass

Volvo XC90 interior

The new XC90 promises a unique blend of comfort, safety, performance and idiosyncratic Swedish touches, such as a handcrafted crystal glass gear lever and diamond-cut control buttons.

China to take 6 million older vehicles off roads

In this photo taken Monday, April 25, 2011, cars clog a main thoroughfare in Beijing, China. China's government plans to take 5 million older, polluting vehicles off the road this year in an effort to revive stalled progress toward cleaning up smog-choked cities. The plan also calls for filling stations in Beijing, Shanghai and other major urban areas to switch to selling only the cleanest grades of gasoline and diesel, according to a Cabinet statement issued Monday, May 26, 2014. (AP Photo/Ng Han Guan)

China’s government plans to take 6 million older, polluting vehicles off the road this year in an effort to revive stalled progress toward cleaning up smog-choked cities.

Fiat, BMW, others may miss Europe’s 2021 CO2 target, study says

Fiat, BMW, others may miss Europe's 2021 CO2 target, study says

Fiat and BMW may miss the European Union’s tougher CO2 target that takes effect in 2021, according to a study, which would force both automakers to spend more heavily on emission-reduction technology to avoid fines.

Tesla Gets Unsolicited S&P Junk Rating on ‘Niche’ Position

Tesla Gets Unsolicited S&P Junk Rating on ‘Niche’ Position

Tesla whose stock climbed fourfold last year, was slapped with a junk credit rating by Standard & Poor’s because of “considerable uncertainty” about its long-term prospects.

Volkswagen’s US Sales Disaster Continues

Volkswagen’s US Sales Disaster Continues

In a week, the auto industry will, company by company, issue data on May sales in the United States. There will be a few constants. General Motors will keep it position as the top company based on US sales and market share. Pickups will dominant the list of top-selling models. And the disaster that is Volkswagen’s sales in America will continue.