By MIKE CORDER and MONIKA SCISLOWSKA
European Union leaders agreed early Friday to cut greenhouse gas emissions in the 28-nation bloc to at least 40 percent below 1990 levels by 2030.
The deal was aimed at countering climate change and setting an example for the rest of the world ahead of key international climate negotiations next year.
By Julia Fioretti and Barbara Lewis
The European Union is set to make it easier to bring road transport emissions into the carbon trading market, a move that critics say could empower carmakers to push back against more effective curbs on greenhouse gases.
PSA/Peugeot-Citroen is adding extra production shifts at its Villaverde factory near Madrid to meet increasing demand for the new Citroen C4 Cactus, a report said.
Sergio Marchionne (photo above), CEO and architect of the merger that created Fiat Chrysler Automobiles NV, triumphantly rang the closing bell on the New York Stock Exchange last week to mark the company’s debut. Wall Street investors weren’t really listening.
By TOM KRISHER
The U.S. government is telling 3 million more car owners to get their air bags repaired immediately because of potential danger to drivers and passengers, but the message has generated confusion about which vehicles are actually affected.
