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Showing results for tags 'european union'.
Found 5 results
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PSA Peugeot Citroen gets temporary approval for bailout by European Union
SYF77 posted a blog entry in MyAutoBlog
Ailing PSA Peugeot Citroen Group has just been granted temporary approval by the European Union for 1.2 billion euros (S$1.9 billion) of French-backed bonds. As part of the deal to obtain final approval, PSA will have to submit a restructuring plan within the next six months to show how the group an... -
If you think that the global economy is on its way to recovery, think again. Cumulative car sales in the European Union (EU) from January to November 2012 have fallen to a 19-year low. It dropped 7.2 percent to 11.7 million units, the lowest figure since 1993. The decline was propelled by...
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Kia hit with a preliminary injunction over use of Quoris name in Europe
SYF77 posted a blog entry in MyAutoBlog
Kia's new flagship saloon, the K9, will be called the Quoris in international markets but perhaps with the exception of the European Union (EU). China's car brand, Qoros has filed a lawsuit to prevent Kia from using the name Quoris in the EU. As a result, a preliminary injunction has been... -
The European Union imposes new tyre label regulation effective November 2012
SYF77 posted a blog entry in MyAutoBlog
Effective from November 2012, the European Union (EU) made it a requirement for tyres sold in the EU market to include a tyre label that specify their fuel consumption, wet grip and noise ratings. The label will use a classification from the best (green category 'A') to the worst perform... -
France requests the European Union to probe increased car imports from South Korea
SYF77 posted a blog entry in MyAutoBlog
In 2011, sales of Korean cars in the European Union grew 24% although the overall market contracted. On the other hand, French carmakers saw their sales falling with PSA Peugeot Citroen announcing plans to slash 8,000 jobs. As a result, France has officially sent a request to the EU Commission to mo...