World Events

UK Authorities Amend Legislation Amid Fuel Crisis
UK authorities have temporarily exempted the oil industry from competition law in response to the ongoing fuel crisis.

International Auto Show in Germany Highlights Trends in Automotive Fashion
A long-awaited event for the entire world: the International Motor Show has opened in Germany.

China’s Shift to Electric Vehicles Set to Accelerate the End of the Oil Era
China’s aggressive shift toward electric vehicles could cut global oil demand growth by as much as 70% by 2030, accelerating the broader decline of the oil era, according to research from think tank Carbon Tracker.

Austrian Government Seeks Investor for National Automaker STEYR
AUSMAH is closely following developments concerning the fate of the similarly named STEYR automotive company and hopes the government will find a resolution to the situation.

New Trim Level for the 120-HP Turbo Petrol Engine with Mild Hybrid System
Kia’s most popular models in 2019 were the Ceed, Sportage, Picanto and Stonic. The last of these, a compact SUV measuring just 4.14 meters in length, recently received a facelift.

African Scientists Claim Bananas Are the Ideal Material for Automotive Manufacturing
At least some varieties of bananas can be used to produce strong, rust-free components with excellent noise-dampening properties, all at a remarkably low cost.

