Auto Industry Growth in Europe to Slow to 1 per cent in 2017
Auto Industry Growth in Europe to Slow to 1 per cent in 2017
Brussels - QNA
Growth in the European car industry is expected to slow to 1 per cent in 2017 but remain stable amid market uncertainties that include Britain's pending exit from the EU, the European Automobile Manufacturers Association (ACEA) said Wednesday.
The 1-per-cent forecast comes after EU passenger car sales grew by 6.8 per cent in 2016 with 14.6 million cars sold, reaching the highest volume in nine years, dpa reported.
ACEA President Dieter Zetsche said Wednesday that consumer confidence has so far remained "robust" despite fears over Brexit and political uncertainty in Europe.
"Much will depend on the evolution of macro-economic conditions and political developments, but we expect our market to remain stable," Zetsche said.
He noted that two pieces of EU legislation on emissions testing entering into force in 2017 will be "essential measures to win back the trust of customers" after the fallout from the emissions scandal involving Volkswagen, Europe's largest carmaker.
Source: QNA
- Monday ,31 July GMT 18:13 2017 Elon Musk hands over first Tesla Model 3 electric cars to early buyers
GMT 05:35 2017 Friday ,08 December
German industrial production sees surprise dipGMT 13:52 2017 Tuesday ,24 October
Singapore to freeze number of cars on its roadsGMT 12:49 2017 Wednesday ,04 October
German carmakers confident as 'dieselgate' lifts salesGMT 08:50 2017 Saturday ,30 September
VW's dieselgate bill jumps on 'complex' US recallsGMT 07:40 2017 Saturday ,26 August
GM addressing battery glitch in small number of Chevy BoltsGMT 20:29 2017 Thursday ,10 August
UAE offers further support to Aden PoliceGMT 18:13 2017 Monday ,31 July
Elon Musk hands over first Tesla Model 3 electric cars to early buyersGMT 15:32 2017 Thursday ,27 July
Citizens cry foul as car rentals shoot up
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 15:49 2017 Tuesday ,04 April
Europol, Georgia sign pact to combat terrorism
GMT 09:57 2017 Friday ,03 March
Mickelson among leaders, McIlroy one back in Mexico
GMT 17:34 2017 Saturday ,19 August
India rail accident kills 10
GMT 01:03 2017 Friday ,22 December
Vandals take hammer to ancient Australia dinosaur footprint
GMT 07:44 2017 Saturday ,19 August
Firms flock to Syria fair with eye on reconstruction
GMT 18:11 2016 Saturday ,03 December
Congress and Trump agree to turn the heat up on Iran
GMT 13:12 2017 Tuesday ,05 December
Lebanon's PM Hariri withdraws his resignation
GMT 08:39 2017 Friday ,17 November
Baidu speeds up AI progress
GMT 11:16 2017 Monday ,10 April
Tennis star Kyrgios could make top five by year's end: Courier
GMT 03:33 2017 Tuesday ,21 February
Deadly blast strikes demonstration in Kabul
GMT 10:04 2011 Sunday ,11 September
Vauxhall/Opel to unveil 2-seat electric car at IAA
GMT 05:16 2016 Tuesday ,30 August
Fukushima Nuclear Plant Prepares for TyphoonGMT 20:05 2011 Saturday ,27 August
Egyptair resumes Baghdad flights after 21 yearsGMT 19:35 2011 Tuesday ,26 July
Ozil : Real \'more mature\' this season
GMT 05:41 2017 Thursday ,09 March
El Jaish Win Qatar Men's Basketball League
GMT 09:43 2016 Thursday ,17 March
Scans show '90 percent chance' of hidden chambers in Tutankhamun tombGMT 22:04 2011 Thursday ,08 September
Museum of the great syrian revolution monument
GMT 11:15 2015 Thursday ,01 October
Thuraya's CEO named Satellite Executive Of 2015
GMT 14:08 2016 Wednesday ,16 November
Scientists fear the worst under a Donald Trump presidency
GMT 10:28 2017 Wednesday ,12 April
New York $40mn attraction puts world in miniature
GMT 02:32 2017 Tuesday ,11 April
Oman experts advise eating fruits to control rising child obesity
GMT 22:27 2014 Sunday ,12 January
Secessionist gunmen attack army post in southeast Yemen, 6 killed
GMT 18:20 2013 Friday ,18 October
L\'Oréal Paris announces Lara Stone as Global Spokesperson
GMT 23:41 2017 Wednesday ,12 April
Easier visa regime to boost Oman tourism
GMT 08:11 2017 Tuesday ,29 August
Israeli bulldozers demolish Palestinian home in SilwanGMT 17:48 2012 Monday ,09 January
Business trip: Dubai
GMT 01:34 2017 Tuesday ,11 April
Oman takes part in Arab Labour Conference in Egypt
GMT 15:20 2017 Monday ,05 June
Libya cuts all diplomatic ties with Qatar
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
