English Press / Presse anglaise

'15 Ford Mustang V-8 to pump out 435 hp

Automotive Business Review - 17 juill. 2014 - 18:47
The 5.0-liter V-8 engine in the 2015 Ford Mustang will crank out 435 hp, up from 420 hp, and provide torque of 400 pounds-feet, up from 390 on the current model, the company said today.

Senator accuses GM of ‘stunning’ failure

Financial Times - 17 juill. 2014 - 17:16
Legal department failed to alert senior execs of four separate instances where lawyers warned the carmaker could face punitive damages over crashes

ZF can hike offer for TRW as high as $13 billion, report says

Automotive Business Review - 17 juill. 2014 - 15:49
ZF Friedrichshafen, moving to acquire TRW Automotive, has been told by lenders that financing is available for a higher all-cash bid which could value the U.S.

Carmakers cheer growth in European sales

Financial Times - 17 juill. 2014 - 14:35
Sales are up 6.5% in the first 6 months of 2014, compared with last year, when demand slumped to a two-decade low, according to the ACEA

China Mulling More EV Incentives in Wake of Poor Sales

China car times - 2 avr. 2014 - 08:12

As electric vehicles sales remain weak, China is considering adding new measures to entice buyers into buying electric and plug-in hybrid vehicles.

It wasn’t long ago that the Chinese government backed away from its plan to gradually reduce EV subsidies (instead opting for much less steep reductions over the next few years). It now appears that the government intends to add more icing to the cake in the form of tax breaks. According to Ma Kai, Vice Premier in the State Council, the Chinese government is considering excepting all “new energy” vehicles from the 10% vehicle purchase tax that normally accompanies the purchase of a new vehicle. This tax cut would come in addition to efforts to further extend the subsidies beyond the Dec 31st end date. More details are due to be released in the coming months.

The 10% tax reduction certainly wont hurt the adoption of alternative energy vehicles in China, but likely will do little to spur demand either. China desperately needs a dramatic and well-publicized effort to roll out a comprehensive national network of charging stations if the government truly seeks to bring electric vehicles to the market in large numbers.

1 janv. 1970 - 00:00
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