Here are news stories, press reports and events to watch which may affect the auto industry, transportation and energy markets on Thursday.
Oil hovers below $83 ahead of OPEC policy meeting: Oil hovered below $83 a barrel Thursday in Asia as some OPEC members push for the group to cut crude production amid falling prices.
SKODA CAR SALES: Skoda Auto, a Volkswagen unit, raised car sales 8.6 percent in the first five months of 2012 to 405,500 units.
German May whole prices down 0.7 percent month-on-month, up 1.7 percent year-on-year. Were seen down 1.4 percent month-on-month, up 1.0 percent year-on-year.
ROYAL DUTCH SHELL – The French government has put on hold plans by Royal Dutch Shell to drill for oil in four sites off the coast of French Guiana while it carries out a review of how permits are awarded with an eye on the environment, the energy minister said.
PSA PEUGEOT CITROEN, RENAULT: France should rein in tax policies favouring diesel engines after a World Health Organisation review found a clear link between their exhaust emissions and cancer, the country’s environment minister said.
VW five-month group sales up 9.3 percent on China, U.S