October 16, 2009 in News | Tags: automobile, european auto makers, South Korea
If the proposed free trade deal goes through with South Korea, the Euro Auto Makers will have less room to cut costs. The majors in this segment include Fiat, Renault, and PSA Peugeot Citroen. These guys are concern with something called “duty drawback”. That is a refund South Korea gives to help reduce tariff costs [...]
August 17, 2009 in News | Tags: automobile, britain, car accident, car crash, france
A 19 Year old was killed after a crash with five of his friends. Local authorities think the car was too heavy for safe driving, and this along with excessive speed caused the crash. A local newspaper says the group was on their way to a party, but alcohol or drugs did not play a [...]