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 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
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.
General Motors to start exporting cars from India
General Motors India said it would begin exporting vehicles from the country and start selling a left-hand-drive version of its Chevrolet Beat hatchback to Chile in the first quarter of 2015.
