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UK Government cuts car aid, EV grants at risk

By Tim Pollard Motor Industry 30 June 2010 15:48 Britain's business secretary Vince Cable today fired a warning shot across the bows of the car industry, saying that subsidies would end and warning that the pledged £5000 subsidy off the first electric cars was in peril.'Our starting point is very clear,' he told delegates at an automotive summit arranged by the Society of Motor Manufacturers and Traders. 'We've moved on from the era of subsidies. We just have to be realistic about what's affordable.'Cable said the new coalition Conservative-Liberal Government had not yet decided whether or how to implement the new low-carbon vehicle subsidies promised under Labour, which had set aside £250m in initial funding.'It is still actively under consideration,' said Cable.

Fiat 500 wins EuroCarBody 2007 award

The new FIAT 500 has won the EuroCarBody 2007 award, the world's most prestigious prize for car bodies. The ninth edition of the Forum organised by Automotive Circle International was held in Bad Nauheim/Frankfurt from 16 to 18 October, attended by 600 experts in the development of the design, materials, processes and manufacture of car bodies. The EuroCarBody 2007 award highlights the mixture of "creativity and skill" that is necessary to develop an innovative, winning bodyshell.

Chrysler, Hyundai-Kia, VW lead industry to 14 percent sales gain

U.S. auto sales--led by big gains at Chrysler Group, Hyundai-Kia, Mercedes-Benz and Volkswagen--rose 14 percent last month for their biggest increase since April. On a seasonally adjusted annual basis, sales reached 13.6 million units last month.