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Frost Sullivan Projects That About 80% of European Vehicle Sales Will Be in the 150 g/km CO2 Band by 2015; EVs as a Strategy of Premium Automakers

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The countries covered in this research service are Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden and the United Kingdom. ACEA says that the industry spends €20 billion (US$28.8 Hariher Balasubramanian.

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More Job Losses Coming To US Shale

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The economic crisis in Greece, OPEC’s high production levels and China’s market turmoil have created more pressure on oil prices, making a price rebound look highly unlikely in the near future. Will the industry be able to sustain another long period of low oil prices or will it once again resort to trimming its workforce?