Bloomberg BNA — Car buyers in the southern city of Shenzhen could be required to purchase carbon quotas along with their vehicles as early as next year if the city's pilot carbon trading program is expanded, a city official said.
Automakers have been making cars in Australia since Ford Motor Co. began assembling Model Ts in a converted wool store near Melbourne. That’s poised to end in three years, when Toyota Motor Corp. shuts its production lines in Altona about 60 kilometers (37 miles) away.
As automobile sales spread from China’s crowded east coast cities to the more-rural west, companies that move cars and spare parts by truck from factories to showrooms are expanding to meet the demand.
Sao Paulo Mayor Fernando Haddad steps out of a black sedan in Paraisopolis, a neighborhood of small brick homes, cramped storefronts and narrow streets, in mid-July. He is meeting with residents weeks after about a million Brazilian protesters took to the streets across the nation, railing against corruption, shoddy education and inadequate public transportation.
Zipcar Inc. , the U.S. car-sharing company that rents vehicles by the hour, is being investigated by a U.K. antitrust regulator over concerns its acquisition of London-based Streetcar Ltd. may hurt competition.