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News watch April 2010: today's auto industry news
Thu, 29 Apr 2010Welcome to CAR's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourThursday 29 April 2010• The European Commission has published a document outlining plans to encourage the take-up of electric cars. It includes a strategy for a common charging socket (Financial Times)• BMW has leapfrogged Toyota as the world's most valuable automotive brand, according to the BrandZ Top 100 survey.
Obama vows to help rebuild industry to compete, win
Wed, 25 Feb 2009President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.
Citroen Nemo Concetto concept (2007) news
Wed, 05 Dec 2007By Ben Pulman First Official Pictures 05 December 2007 17:00 There's something fishy going on here... Look beyond the cutesy paintwork for a moment and you’ll see Citroen’s new Nemo Concetto, a van-derived people carrier concept that’s based on the recently launched Nemo commercial van. The idea behind the Nemo – a three-way development with Fiat and Peugeot – is to tap into the massive European market for van-based family cars.