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Motor industry backs EU membership

MOTOR MANUFACTURERS have given strong backing for the UK staying in the European Union, citing benefits including business links and free movement of labour. A survey by the Society of Motor Manufacturers and Traders (SMMT) showed that 92% of automotive firms believed that staying in the EU would be best for their business, although most wanted to see reforms. The SMMT said its study showed how EU membership benefited the industry, such as access to a single market and funding for research and development.

American taxi hits 100

By Liz Turner First Official Pictures 04 April 2007 05:35 American taxi celebrates its 100th at the New York Motor Show The US taxi celebrates its centenary at New York this week with a display of the ‘green’ yellow cabs of tomorrow. The rank gathered by The Design Trust for Public Space for its Taxi ’07 display include a lithium-battery powered taxi from Hybrid Technologies, and the world’s fastest taxi. This hydrogen-burning 1000hp Crown Victoria has a projected top speed of 200mph, for Wall Street traders who really can't hang around.

U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.