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EV sales in Norway top 100,000
- May 16, 2016
- Posted by: Alan Feldberg
- Category: Industry News
Norway has become the fourth country to register more than 100,000 electric vehicles – and the trend is only increasing. With a population of just over five million people, that figure represents a success story for the country’s approach to electric vehicles. At the end of 2010 there were just 3,366 electric vehicles registers in [...] -
FTC review Sherwin Williams/Valspar merger
- May 16, 2016
- Posted by: Alan Feldberg
- Category: Industry News
Paint makers Sherwin-Williams and Valspar remain confident their multi-billion pound merger will go ahead in the first quarter of next year despite a request for additional information from US regulators. Both companies say they expected the request from the US Federal Trade Commission (FTC), which was issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements [...] -
Nissan moves on Mitsubishi
- May 13, 2016
- Posted by: Simon Wait
- Category: Industry News
Nissan has agreed to a 34% controlling share in scandal-hit Mitsubishi Motors in a bid to rebuild trust in the car maker. Nissan has vowed to rebuild trust in Mitsubishi Motors following it admitting it had faked data to overstate the fuel efficiency of more than 600,000 cars. Nissan will pay 237bn yen ($2.2bn) for [...] -
SUV sales continue to surge
- May 13, 2016
- Posted by: Simon Wait
- Category: Industry News
Sales of SUVs have quadrupled in Europe since 2005 and are expected to keep rising thanks to growing popularity with an unusually diverse group of buyers, according to a new survey. Sports utility vehicles (SUVs) have been embraced by ‘Modern Mums’, mothers with young kids, Millennials, 17- to 34-years-olds, and ‘Quintastics’, for active and youthful [...] -
Car sales on the increase
- May 13, 2016
- Posted by: Alan Feldberg
- Category: Industry News
Car sales in western Europe enjoyed a 6.8% year on year rise in April, according to IHS Automotive. Sales of 1,200,253 units continued a strong start to 2016, with year-to-date sales in the region increasing by 7.4% to 4,859,085. April’s sales results meant that the seasonally adjusted annual rate (SAAR) for the region crept up [...]