While You Were Sleeping, your digest of events that happened outside of office hours, for June 24, 2014.
- Vancouver is considering "road pricing" to help fight congestion. Solutions could include a London style congestion charge, dynamic tolls that fluctuate based on time of day and road usage (the idea being that less popular routes would be cheaper) and more traditional tolls. The system would be the first of its kind in North America, and funding would go towards transit and a reduction in the gas tax.
- Fiat is adding an automatic to the 500 Abarth. Apparently, the lack of knowledge on how to drive a manual transmission has put an artifical cap on sales of FCA's hot hatch.
- BMW will renew their joint-venture with Chinese auto maker Brilliance for an extra 10 years, ending in 2028. BMW is hoping to challenge Audi as the country's biggest luxury car maker, and with a reported 25 percent of profits coming from China, BMW literally needs a strong presence in that market to ensure continued growth.
- GM is revising tow ratings downwards on their pickups to comply with new SAE standards.
- France's domestic auto makers may be cutting jobs and shifting production out of their home country, but Toyota is hiring 520 people to build the Yaris in France.
- SEAT is launching their first crossover, the Leon X-Perience. It looks more like a tall wagon (ala Subaru Outback) than a CUV.
from The Truth About Cars http://ift.tt/Jh8LjA
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