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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 slumped to 518,774 units from last year’s 522,760 figure, according to industry data released today. Since April, when the consumption tax was increased, auto sales have been negative in five ...
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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 ...
State Senate Approves Tax Cut For New Cars
Today, February 6th, the state Senate approved the legislation according to which sale tax of new cars and boats will be collected in Michigan by exempting the allowance for trade-ins. Sen. ...
Greece: There are more Porsche Cayennes than tax payers who can afford them
A weird situation has come to light in Greece and after the country is close to entering default, recent surveys have shown that there are actually more Porsche Cayenne SUVs ...

latest automotive news
US: senators ready to decide if the NHTSA gets new boss
Mark Rosekind, a human fatigue and pilot-alertness expert has been nominated to end the hiatus at the top of the ...
Japan: country officials worried about impact on reputation from Takata scandal
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US: Alfa Romeo could soon bring a new midsize sedan
According to various reports coming from Europe, the US showrooms of the resurrected Alfa Romeo premium sports car brand could ...
Lamborghini Urus SUV might be produced outside Italy
The Lamborghini Urus SUV might be produced outside Italy once it will be ready for the market, in 2017. “The raging ...
Supplier ZF says driver-assistance technologies really hot now
The German supplier ZF Friedrichshafen AG moved to purchase y TRW Automotive Holdings in September for $13.5 billion as it ...
BMW 2-Series Active Tourer gets AWD
The BMW 2-Series Active Tourer will not be offered with all-wheel drive options too, as the company has recently announced. The ...
Audi TT Coupe by ABT Sportsline in Essen
The new generation of the Audi TT Coupe has received a series of aftermarket factory items, at the 2014 Essen ...
US: Black Friday deals boost sales in November
People are not being scared by the menacing name of the now very popular discount celebration, which means that customers ...
2016 Kia Picanto spied
Kia is currently working on an updated version of the current Picanto which will be officially presented to the public ...
US: car-sharing service Uber stops operations in Nevada
Well-known ridesharing business venture Uber has announced it decided to suspend the company’s operations in the US state of Nevada, ...
2016 Volkswagen Golf R to get a manual option
A manual transmission option will be added on the Volkswagen Golf R for the 2016 model year. The 2016 Volkswagen Golf ...
Europe: future CO2 emission thresholds could be revealed next month
The European Commission should next month present the progress on upcoming emission targets for new cars to be purchased in ...
McLaren P1 crash – new image pops up
A new image with the crashed McLaren P1 has made its way onto the web, revealing the totaled 1-million USD ...
U.S. – Jaguar F-Type V8 S to be offered only in AWD specification
Jaguar will be offering the F-Type V8 S in the all-wheel drive specification only, in the United States. If you live ...
China: licensed drivers surpass the 300 million mark
The world’s largest auto market can also brag about the fact that its total number of drivers almost matches the ...
[VIDEO] This is the largest Lamborghini Aventador gathering on the planet
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Mercedes-AMG expects sales to double through 2017
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[VIDEO] 2015 Hyundai i20 review
The new Hyundai i20 compact vehicle is the star of a review published by the guys from Which. Are you interested ...