Posts Tagged ‘auto industry’

It wasn’t sheer coincidence that last year marked two pivotal events in the world’s vehicle industry. In 2009, China became the largest car market in the world, while in the same year there were four million fewer vehicles on the road in the United States. In a world where the supply of economically viable oil [...]

  • Share/Bookmark

Environmentalists on both sides of the border are cheering the recent announcement from Washington and Ottawa that both the United States and Canada will soon simultaneously impose much tougher fuel-emission standards for car manufacturers. Any given vehicle producer’s combined fleet of cars and trucks must average 35 miles per gallon by 2016 (or 100 kilometers [...]

  • Share/Bookmark

Will technology leapfrog depletion and save drivers from the cost of triple-digit oil? Every auto producer in the world has an electric car in the works; General Motors, of course, will start producing its Volt later this year. But in actuality, the car of the future is really a throwback to the past.
In 1899, an [...]

  • Share/Bookmark

As North American taxpayers take a look at the gleaming new models on display at Detroit’s auto show this week, they might well ask themselves just why they poured billions of dollars into saving GM and Chrysler when no one else would.
Politicians, local car dealers, parts suppliers and the auto workers’ unions told them it [...]

  • Share/Bookmark