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New Chrysler 200 unveiled at 2014 Detroit Motor Show

Huge crowds gathered around the Chrysler stand at the 2014 Detroit Motor Show, eagerly awaiting the unveiling of the much-anticipated 2015 Chrysler 200. It's a hugely significant car for the Chrysler brand as it represents a serious assault on the highly competitive midsize sedan segment, the biggest market in the United States. In 2013, the midsize sedan segment accounted for 17% of all US sales, with the Toyota Camry, Honda Accord and Hyundai Sonata just three of the Chrysler 200's chief rivals.

New car sales up by 3% on 2013

ANOTHER RISE in new car sales in February has meant purchases have increased every month for two years. A total of 68,736 vehicles were registered last month - a 3% rise on the total for February 2013, the Society of Motor Manufacturers and Traders (SMMT) said. Sales for the first two months of this year have totalled 223,298 - a 6.1% rise on the total for the first two months of 2013 SMMT chief executive Mike Hawes said the two years of continuous growth was "a real endorsement of consumer confidence and the attractiveness of the new car market".

EU new car CO2 targets pushed back

The European Union’s plans to cap new cars to 95g/km CO2 by 2020 has been delayed, after months of lobbying led by Germany. Instead, the 95g/km target will be introduced a year later in 2021, but with an additional amount of flexibility intended to make the transition easier – especially for luxury carmakers such as BMW and Mercedes-Benz, which generally build bigger, heavier vehicles. Stricter CO2 rules will save drivers cash Top 10 most economical cars The new compromise, agreed on Tuesday (26 November 2013) and set to be presented to EU diplomats on Friday (29 November 2013), changes the rules on ‘supercredits’ – which allow manufacturers claim extra credit for especially low emissions cars, such as all-electric and plug-in hybrid vehicles.