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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. European automakers are striving to comply with EU CO 2 norms (average fleet emissions less than 130 g/km by 2015) to avoid penalties.

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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. So, with the prices of both Brent and WTI moving towards $50 per barrel, the short to medium-term outlook for oil remains mostly bearish.