Articles by: Sorin Petcu

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US auto sales expected to decline this year

US auto sales expected to decline this year

LMC Automotive has cut its initial sales forecast for the US new light-vehicle market, for now to anticipate a slight contraction compared with 2015 record levels. Following a disappointing May, June saw a 2.4 percent increase in new cars and light trucks volumes in the United States. Despite the mixed […]

Uber continues to be under pressured in Europe

Uber continues to be under pressured in Europe

The ride-sharing company announced it would suspend its operations in Hungary because of a new law against it, following similar obstructive moves from several EU countries. There have been numerous protests around Europe against car-sharing companies, mostly from traditional taxi services that are trying to limit the expansion of Uber-like […]

European auto sales still strong

European auto sales still strong

Even if new-car sales slowed down a bit in June, the European automotive market showed a strong pace so far this year. The European Automobile Manufacturer Association said the passenger car market in the European Union and the European Free Trade Association grew strongly for the 34th consecutive month in […]

US Senate summons Elon Musk over fatal crash

US Senate summons Elon Musk over fatal crash

In a letter sent to Tesla’s CEO Elon Musk, the US federal government asked him to come for a brief over the May 7 fatal crash. Tesla is already under investigation by US NHTSA and Securities and Exchange Commission following the recent series of crashes linked to the automaker’s semi-autonomous […]