CrisisWatch

Market trends

Portugal

Fuel consumption in crisis stricken Portugal is dropping. In February, sales of car fuel showed a reduction of 7.2%, according to the National Energy Agency....
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Portugal car market

The strong framework of incentives for the purchase of electric cars that gave Portugal a leading position in the promotion of climate friendly new technologies has not been effective in boosting demand. The economic recession results in reduced car sales has hit hard the electric car market....
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United Kingdom Volvo car corporation

Volvo Car Corporation warned that the European Union’s policies and particularly the White Paper on Transport, which commits to  reduced CO2 emissions by at least 60% by 2050, are undermined by the absence of incentives for the promotion of electric cars. ...
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