While a large portion of the automotive community is rather fond of the aging manual gear box.
Daily Archives: June 3, 2014
BMW plans to cut €100 million of German labor costs per year
BMW intends to cut €100 million ($136 million) of German labor costs annually from 2015 onwards, a German newspaper reported, citing workers’ representatives.
Valmet said to cut 300 jobs at roof systems plant in Germany
Valmet Automotive plans to cut 300 jobs in Germany because of dwindling demand for convertible cars, according to German union IG Metall.
Navigant forecasts global NGV sales to hit 4.2M units in 2023
According to a recent report from Navigant Research, worldwide sales of light-duty natural gas vehicles (NGVs) will grow from 2.5 million annually in 2014 to 4.2 million in 2023.
As a result, the total number of NGVs on roads worldwide will approximately double to nearly 40 million in the next 10 years, accounting for 2.6% of all vehicles on the roads.
Motorist fined £600 for speeding at 149mph on M25
A motorist was caught on speed camera travelling at 149mph on the M25 – the highest speed recorded by a speed camera between April 2013 and May 2014.
The driver was caught in Kent and was banned from driving for six months and was fined £600.
