Autoblog

Would a carbon tax help or hurt the auto industry?

The idea of a carbon tax has been floated for over a decade now as a way to more accurately represent the true environmental cost of energy. Many automakers have advocated switching from the current tax on each gallon of gasoline and diesel to a…

Autoblog

Crude oil futures top $97 a barrel for the first time

This week, the bombing of an oil pipeline in Yemen by saboteurs and a suicide bombing targeting lawmakers in Afghanistan spooked world oil markets. Those overseas events combined with rising demand and falling supplies in the US to drive oil price…

Autoblog

Report: BMW to launch two cars below 1 series by 2014

According to Auto Motor und Sport, BMW will add two new small cars to slot below the current 1 Series by 2014. One of those vehicles has already been publicly confirmed by the automaker, the Megacity, an urban commuter BMW is developing as a…

Autoblog

GM Europe boss talks about E-Flex plans

During the recent British Motor Show, GM Europe boss was expecting to get deluged with questions about the precarious financial situation at the home office in Detroit. To his surprise he found that the subject most of the European media were…