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Report sees electric cars deeply hurt by oil price slump


According to the latest study on the renewable energy industry, electric cars are likely to suffer most of the effects stemming from the continued slump in global oil prices. The report also forecast a more limited impact on other attached businesses, such as wind-and solar-power companies. Since the end of June, the Brent crude oil prices have fallen by 45% and ...
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German automakers endangered by country’s energy policy
Germany and its export led auto manufacturers like VW, BMW and Mercedes are the envy of the world. But Germany’s energy policy threatens to become a self-inflicted wound by pricing ...
Future Mercedes C-Class and Vito to use Renault engine
The German based automaker Mercedes-Benz will use a new diesel engine made by Renault on the future generations of the C-Class and Vito. Renault and Mercedes-Benz have already signed an agreement ...
EU to impose minimum number of EV charging points to member states
The European Union believes the lack of fuelling stations for electric cars and their high price tags are the causes of their disappointing sales. This is why EU transport commissioner Siim ...
Iran may send Oil to $200, it may close the Hormuz Strait
Oil rose the most in almost four weeks on reports that Iran was set to begin war games in the Strait of Hormuz , one of the world’s most strategically ...

latest automotive news
Lotus missing as noses stir interest at Jerez test
Feb.1 (GMM/Inautonews.com) Only seven teams are up and running for the first day of official pre-season testing at Jerez. Missing ...
No ‘old’ engine strategy for Mercedes in 2015
Feb.1 (GMM/Inautonews.com) Mercedes has hit back at rumours it might begin the 2015 season with 'old' engines for strategic ...
Winter season set to begin at Jerez
Feb.1 (GMM/Inautonews.com) F1 2015 is about to kick off in earnest. After a two-month 'off season', teams are now all ...
Ferrari, Sauber next to reveal 2015 cars
Jan.30 (GMM/Inautonews.com) Ferrari and the similarly-powered Sauber teams on Friday separately revealed their new 2015 cars. Ferrari's long and low-nosed ...
BMW 2-Series Convertible gets massive photo gallery
BMW has released a large photo gallery with the 2-Series Convertible, marking the introduction of the model on the Old ...
BMW X5 M and X6 M get M Performance parts
A series of M Performance parts for the BMW X5 M and X6 M have been recently introduced by the ...
Check out the Rolls-Royce Phantom Drophead Coupe Nighthawk
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BMW 2-Series Family Tourer spied
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Honda NSX Type R rendered once more
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BMW M2 spied playing in the snow
Our spy photographers have managed to capture the new BMW M2 Coupe on camera once again. The development of the BMW ...
Honda lowers profit goal as Takata recalls take their toll
Japan's third largest automaker, Honda Motor Co, decided to lower its core annual profit forecast by 6.5 percent for 2015 ...
2015 Hyundai Genesis to be launched in the UK
The 2015 Hyundai Genesis sedan will be arriving in dealerships across the United Kingdom this April, as the company has ...
Traffic jams might become history thanks to advanced technology
In the very likely case you live in a major metropolitan region and drive daily, you always leave home with ...
2015 Lexus NX200t arrives in Australia
Lexus has announced the arrival of the 2015 NX200t in Australia where the model in question can be yours from ...
Recall roundup: Toyota Avalon for fire risk
Toyota has issued a recall recently for several Avalon models because of a possible fire risk. The Toyota Avalon is the ...
US: Houston accident with driver fatality linked to Takata airbags
Japan’s third largest automaker, Honda Motor, announced on Thursday that a person driving a 2002 Accord was killed in a ...
Lamborghini Aventador Super Veloce spotted
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Dubai dealer selling Pagani Huayra and Bugatti Veyron Super Sport
An exotic car dealership in Dubai is currently offering for sale to extremely hot rides, the Bugatti Veyron Super Sport ...