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Germany needs new ideas to reach electrification goals


As Governments in Europe all seek more electric car sales to push their goal of lowering fuel consumption and implicitly tame climate change by cutting life-threatening emissions, they also need to think outside the box. Even though some countries in Europe already offer generous and in some places massive subsidies, it looks like no one wants to buy them. The reasons ...
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Report – India to stop offering tax breaks to automakers
According to a senior government official, India has opted to stop awarding tax breaks to carmakers beyond the current expiration date, set for December 31. The country’s government has opted to ...
Japan: September sales slip 0.8% on consumer tax impact
Following a first in years hike in the country’s consumption tax, Japan’s auto sales in September dropped, signaling a lingering weakness in Asia’s second-biggest car market. Last month’s total vehicle sales ...
Fiat deal with Luxembourg seen illegal by EU
According to a statement from the European Commission, a tax break accord negotiated between a subsidiary of the Italian carmaker Fiat SpA and Luxembourg could be in fact an illegal ...
Nevada lawmakers moving forward with $1.3 billion tax breaks for Tesla
After we announced yesterday that Nevada lawmakers gathered on Wednesday for a special legislative session to consider tax breaks and other incentives for Tesla Motors worth around $1.3, now the ...
US: lawmakers want fund boost for highways and bridges
The US Highway Trust Fund – which finances road and bridge projects – is set to receive a short-term cash boost, while Congress discusses long-term plans, according to the Senate ...
Singapore caps luxury and supercar sales
After the government instituted measures that would tackle the nation’s growing social inequality, sales of supercars in Singapore have tumbled by up to 90 %, registering their lowest levels in ...
Chairman: FCA moves tax base to UK to lure investors
The Italian car maker's chairman told Italian daily La Stampa in an interview that Fiat wants to establish the tax domicile of the new Fiat Chrysler Automobiles group in the ...
US Congress could raise gas taxes in 2014
With the US Congress facing a major shortfall in transportation funding next year, Congress is eying a boost in the federal gas tax to make up the difference. Rep. Earl Blumenauer ...
Ford gets new US court hearing on $445M interest bid
To resolve a long-running Ford tax dispute on whether the automaker is entitled to $445 million in interest on taxes it overpaid the U.S. Supreme Court on Monday sent it ...

latest automotive news
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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
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Traffic jams might become history thanks to advanced technology
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2015 Lexus NX200t arrives in Australia
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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
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2015 Hyundai Sonata arrives in Australia
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See the man who has the hybrid supercar trio
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After 2014 will go down in history as the year of the recall, mainly due to global auto safety crises ...
Ford Focus RS to be unveiled on February 3
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BMW X3 xDrive35i gets the M Performance treatment
The BMW X3 xDrive35i has recently received several M Performance add-ons and these are making the model the closest thing ...
Ford’s woes for 2015 include European and North American profits
The second-biggest US carmaker, Ford Motor, has two crucial strategies to put in place for the year: find a way ...
[VIDEO] Opel Corsa OPC teased for Geneva
Opel has released the first teaser video of the upcoming Corsa OPC which will be officially presented to the public ...