US auto giants General Motors and Chrysler Tuesday rode lower gasoline prices and aggressive holiday promotions to higher November sales, while Ford reported another decline.
Daily Archives: December 3, 2014
Spain’s subsidy program accelerates car sales 17% in November
New-car sales in Spain rose 17 percent to 65,122 in November, thanks in part to the support of a government scrappage scheme, car manufacturers’ association Anfac said today.
Nov car sales fall 2% in France
French car registrations fell 2 percent in November amid a continued weakening of consumer confidence, the country’s CCFA industry association said today. New-car sales declined to 135,070 vehicles last month, a second successive monthly drop after registrations fell 4 percent in October.
Chancellor Angela Merkel backs incentives to reach EV goal
Chancellor Angela Merkel says Germany will need to provide more incentives to meet a goal of having 1 million electric cars on the country’s roads by 2020.
Jaguar Land Rover and UK union reach pay deal
Jaguar Land Rover said it has reached a deal over pay and pensions with union representatives after revising its offer, which will now be recommended to staff to settle a dispute that had threatened industrial action.
Pay talks at the company, which is owned by India’s Tata Motors, failed in October and over 95 percent of balloted staff subsequently rejected the original proposal in November, due to fears of a cut in pensions for some staff.
