Global congestion presents a serious barrier to economic growth. Some estimates suggest this costs the world economy close to US$1 trillion in lost revenue. However key economies including Europe, North America, Japan and China are amongst those preparing for green commuting. Some 16 of the key Automotive OEMs are working on more than 110 short distance vehicles, with approximately 50 models being already production ready. The remaining 60 are in concept stage, but expected to become production ready by 202
Euro Auctions reports that it had record sales at its three-day auction at its recently expanded Leeds site in the United Kingdom at the end of August. A total of 4,645 lots went under the hammer at the 10.5 hectare site, achieving over €37 million. More than 40% of sales were placed via the internet, a record for internet sales, said Jonnie Keys, general manager of Euro Auctions.
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TRAFFIC JAM
Police in the South African city of Port Elizabeth recently spotted a vehicle they suspected of being overloaded. The minibus was escorted to a police compound, where the occupants were made to get out of the vehicle. In all, the Toyota HiAce bus had been carrying 48 people, most of them childr
