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Motor industry backs EU membership
Thu, 03 Apr 2014MOTOR 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.
Will Volvo need a JV in China with itself?
Tue, 29 May 2012Western car makers wanting to operate in China need a joint venture with a Chinese partner. And it looks like Volvo is going to have to partner with itself to keep officials happy. The Chinese authorities are keen to make sure that Western car makers can’t just rock up on their doorstep, open up a factory or three and flog cars in the most populous nation on earth.
Nissan upgrades the Versa engine to add mpg
Mon, 27 Jun 2011The redesigned Versa sedan that reaches Nissan showrooms later this summer will post a 30 city/38 highway mpg rating, up from the current model's 28/34 rating. The Versa still has a 1.6-liter four-cylinder engine, but the 2012 model gets a dual-fuel injector system, the first U.S. application of the Nissan technology.