economics
Are the Good Times of the Auto Industry Sustainable? Just Barely, Stats Show
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Incentives are through the roof and are at their highest since the recession.
Slowing Chinese Economy Has Auto Industry On Eggshells
Automakers benefited greatly from China’s rapid growth over the past decade. Chinese appetite for automobiles has been a critical income for manufacturers around the world. Even General Motors sold more vehicles in China than in the United States. However, China’s economy seems to be cooling. According to LMC Automotive, 2012 vehicle sales will only increase by…
China Imposes Heavy Duties On U.S. Imported Cars, Will Trigger A Trade War
China has recently become one of the biggest markets in the world. They are buying more new cars than any other nation and just about every brand that wishes to become successful opens up a dealer network in this developing market. One of the biggest benefactors has been the American auto industry, with marques like…
EPA To Approve E15 Gasoline With Higher Ethanol Content
The EPA will announce Friday that it has approved the use of E15 gasoline for vehicles made after the year 2000. The EPA previously approved the added ethanol content for vehicles made after 2007 – the new regulations would see the amount of vehicles able to use E15 grow exponentially, and directly benefit American corn…
Porsche Canada Slashes Prices As Canadian Dollar Surpasses US In Value
Canadians get a raw deal when it comes to cars. Even though their dollar is worth a little bit more than the greenback (and is projected to rise in the near future) cars still cost about 30 percent more on average. Due to the discrepancy, it’s common for Canadians looking for luxury vehicles to buy…
