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Europe’s Carmakers Need Electric Government Subsidy – ACEA

Europe’s Carmakers Need Electric Government Subsidy – ACEA. “Mobility must remain affordable. That is why we governments should put in place more meaningful and sustainable incentive schemes to stimulate sales EU-wide,” Europe’s carmakers, spooked by the imminent mortal threat to profits from European Union (EU) regulations to curb carbon dioxide (CO2) emissions, called for governments […]

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VW Hardest Hit As Car Makers Spooked By WLTP

VW Hardest Hit As Car Makers Spooked By WLTP. “We would expect the trend to reverse once all model variants have been successfully homologated and the pricing environment normalizes” Western Europe’s car sales dived more than 20% in September, after the previous month’s almost 30% spike, as carmakers were penalized for missing the deadline for […]

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