Word: carse
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To get journalists to embrace my radical solution, I decided to be the first columnist to solicit product placement. This would also allow me to show my bosses just how valuable I am - in cold, hard cash. If I'm pulling in high-end cars and watchmakers and Joe Klein...
Amid the gruesome news generated by the world's auto industry these days, this bit of information almost reads like a typo: new car registrations in Germany rose 21% year on year in February, the country's Association of the Automotive Industry (VDA) announced on March 3. This, though, was...
The reason for the surge: under a German economic stimulus program started in January, car owners who trade in vehicles that are more than nine years old for new, more environmentally friendly models can expect individual rebates of $3,172 from the German government. Buyers also get a break from...
Massive bailouts like those being considered for GM and Chrysler in the U.S. aren't currently on the cards for most European and Asian carmakers, which don't face the kind of long-term structural problems dogging Detroit. Instead, policymakers in countries with substantial automotive industries are rolling out programs...
Even when it works, a scrapping scheme won't guarantee that the money will go to domestic carmakers. In Germany, sales of the Volkswagen Polo and Opel Corsa have been boosted by the government's initiative, but a surge in orders for Italy's Fiat and Renault of France means...