Ghosn: ‘No recovery in Europe before 2020’
Renault CEO Carlos Ghosn said the European auto market won’t recover before 2020 unless governments in Europe take action to make their economies competitive. Europe will only return to growth by 2020 if countries such as France, Spain and Italy take action to reform their inflexible labor laws like Germany did in the early part of the decade, he said. Learn more
Set Fleet Policy To Beat New Carbon Thresholds, Says Fleet Alliance
UK company fleet managers should set the carbon thresholds on their fleet policies below 130g/km before new tax rules take effect in April to avoid a typical £10 per month rise in leasing rates on the average company car. Learn more
UK Used Car Values Reach All-Time High In 2012
Analysis of vehicle prices by British Car Auctions shows the average value of a used car in 2012 was the highest annual figure on record. Learn more
EU Needs Leap In Electric, Hybrid Cars To Reach Carbon Goals, Study Says
he European Union needs a leap in the number of electric and hybrid cars on the road over the next decade to succeed in cutting auto carbon emissions significantly by 2025, a British consulting firm found. Learn more
Are UK Fleets Failing to Take Vehicle Safety Seriously?
Fleets are ignoring Euro-NCAP safety ratings when it comes to selecting vehicles, according to a poll by Fleet News. Only one-in-five fleets say that five stars in EuroNCAP tests is a requirement for company car selection, while almost 60% of fleets say they don’t use EuroNCAP. Learn more
PSA Peugeot Citroen Planning to Market Compressed Air Hybrid
The new fuel cell alliances announced by Toyota and BMW, and by Daimler, Nissan and Ford, show one potentially promising technology. Now, PSA Peugeot Citroen is exploring another. The French automaker is studying a compressed air hybrid system that it might soon offer in one of its subcompact hatchback models. Learn more
Swedish Town Finds New Hope In Saab Revival
Saab Automobile is raising fresh hopes in its Swedish hometown as the mothballed brand gears up for another revival, more than a year after it went bankrupt. Learn more