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German new car sales drop 11 per cent – pre-reg accounts for 33.5 per cent
Fri, 19 Oct 2012New car sales in Germany dropped by 11 per cent in September with pre-reg cars accounting for over a third of all sales. That drop of 11 per cent in Germany is despite deep discount offers – an average of 12.2 per cent in September – with even the previously invincible Mercedes and VW having to offer discounts of up to €3k, despite which VW’s sales fell by 20 per cent in Germany and Mercedes by 12 per cent. What’s perhaps most interesting about the decline in car sales in Germany is the number of pre-reg cars sold (pre reg cars are cars registered by dealers to hit sales targets and then sold at a discount of up to 25 per cent).
17 definitive concept cars feature in new Atlanta exhibition
Thu, 24 Apr 2014Atlanta's High Museum of Art is gearing up for the opening of a new exhibition featuring some of the world's most influential concept cars. Dream Cars: Innovative Design, Visionary Ideas runs from 21 May to 7 September and includes 17 concept cars – and associated drawings and models – from the 1930s to the 21st Century. The aim of the exhibition is to demonstrate how these vehicles shifted the notion of The Car from that of a purely functional device to an embodiment of future possibilities.
White House pushes automakers toward 54.5-mpg target by 2025
Tue, 26 Jul 2011The White House is pushing automakers to agree by Wednesday to a corporate average fuel economy target of 54.5 mpg by 2025--a figure 1.7 mpg less than the 56.2 mpg standard it floated earlier this month. The easing of the White House plan stems from a concession to makers of light trucks and SUVs, and particularly larger vehicles in that segment, such as Ford's F-150, sources said. The latest White House proposal, the most definitive of any it has put forth, calls for a 5 percent annual mileage increase for cars from 2017-2025, said industry and congressional officials who asked not to be named because their discussions with the White House are confidential.