Daily News Online
http://www.liyathabara.com/   Ad Space Available Here  

Wednesday, 9 January 2013

Home

 | SHARE MARKET  | EXCHANGE RATE  | TRADING  | OTHER PUBLICATIONS   | ARCHIVES | 

dailynews
 ONLINE


OTHER PUBLICATIONS


OTHER LINKS

Marriage Proposals
Classified
Government Gazette

Motor

EU sees cleaner trucks, buses in 2013

Under new European Union rules to combat pollution, trucks and buses rolling off assembly lines this year will produce significantly less harmful exhaust fumes.

The European Commission said the new norms, known as Euro VI and replacing standards set in 2008, will cut nitrogen oxide emissions by 80 percent and particulates by 66 percent, while also giving a boost to the struggling auto sector. "Today's emission reduction will help clean up the air we breathe and improve the competitiveness of Europe's automobile industry," said Industry Commissioner Antonio Tajani. "We are creating a win-win situation: we will have cleaner trucks and buses, which will be trendsetters and exportable worldwide," he added.

Nitrogen oxide and particulates -- micro-particles found typically when diesel fuel is used -- are major components of vehicle pollution.

The new EU norms are in line with equivalent US emission limits.

AFP


Japanese car sales slump in China on island row

Japan's top three automakers said annual sales in China last year slumped as a consumer boycott sparked by a nasty Tokyo-Beijing territorial row took a heavy toll. Nissan -- which has the most exposure to China of the three -- said sales in the world's biggest vehicle market last year fell 5.3 percent to 1.18 million units.

"The Sino-Japanese territorial disputes that began in September have seriously affected Nissan's sales and marketing activities in China," it said in a statement.

Toyota, Japan's largest automaker, said its China sales in 2012 fell 4.9 percent to 840,000 vehicles, although it forecast a recovery this year, announcing an annual sales target above 900,000 units. Honda, meanwhile, said sales in China declined 3.1 percent last year to 598,576 vehicles, its second straight annual decline, after the 2011 quake-tsunami disaster battered Japanese manufacturers' results.

A long-standing diplomatic dispute flared badly in mid-September after Tokyo nationalised East China Sea islands also claimed by Beijing, sparking huge protests across China and boycotts of Japanese products.

The row over the Tokyo-controlled islands, known as Diaoyu in China and Senkaku in Japan, hurt Japanese automakers with operations in the country while boosting demand for other foreign brands.

Japan's top three carmakers, which all have manufacturing facilities in China, scaled back production as sales slumped.

Despite predictions of a bounce back this year, there are plenty of uncertainties that may slow a recovery including new governments in China and Japan, said Tatsuya Mizuno, auto analyst at Mizuno Credit Advisory.

"It appears that Japanese auto sales are on course to recover in China, but no one knows when the dispute will flare up again -- nothing has been resolved," Mizuno said.

"There is also concern about the future of the Chinese economy.

The prospects for a full recovery of Japanese cars in China are still obscure."

AFP


Locally made electric car “Angkor EV 2013” sits on display at a showroom in Phnom Penh on January 8, 2013. Cambodias Heng Development Company has unvveilled its first electric-powered car branded “Angkor”, named after the countrys famed ancient Angkor temples, which has a top speed of 60 kilometres per hour and was designed by local innovator Nhean Phaloek. AFP

 

EMAIL |   PRINTABLE VIEW | FEEDBACK |

Casons Rent-A-Car
KAPRUKA - New Year Gift Delivery in Sri Lanka
Destiny Mall & Residency
www.news.lk
www.defence.lk
Donate Now | defence.lk
www.apiwenuwenapi.co.uk
LANKAPUVATH - National News Agency of Sri Lanka
www.army.lk
Telecommunications Regulatory Commission of Sri Lanka (TRCSL)

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright © 2013 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor