Football Infantino chosen FIFA president (Bloomberg)– Automotive executives are depending on financial backing from German Chancellor Angela Merkel’s federal government to kickstart sluggish electric-car need in Europe’s biggest economy as customers shun the vehicles in part due to the fact that of their higher price. “We require federal government support to boost sales,” BMW AG President Harald Krueger told reporters at the Geneva International Motor Program on Tuesday. “We remain in positive talks with the German government and I expect there will be a resolution quickly.” Merkel hinted last month that she might back subsidies to reach her goal of 1 million electric cars on German streets by 2020. To this day, just over 30,000 of the vehicles have actually been offered in the country– a small portion of the more than 3 million cars purchased each year in Germany, which has traditionally leaned on diesel technology to minimize emissions. The industry sees any discounts in the country as a prospective video game changer due to the size of the German market, which accounts for almost a quarter of all car sales across Europe. Merkel’s federal government is divided on the matter, with Vice Chancellor Sigmar Gabriel in favor of using state financing– coupled with financial backing from the industry– to offer 5,000 euros ($5,400) in incentives per car to offset the higher price. Financing Minister Wolfgang Schaeuble questions whether it’s the role of the federal government to money such a program, especially offered the expenses for looking after an influx of refugees. That leaves Merkel making the call. “If Germany takes vital procedures to support electric cars, it’s going to help us a lot to enhance the volume,” Renault SA CEO Carlos Ghosn said in Geneva. Renault and its alliance partner Nissan Motor Co., also run by Ghosn, were early investors in electrical automobiles with the Leaf and Zoe designs. The two automakers are pursuing an objective of providing 100,000 of the cars annually after selling almost 85,000 last year. Wh …
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An appeal for witnesses has been launched after high value alloys were taken from a vehicle on the forecourt of a vehicle dealership. PC Thomas Hough tweeted Wrexham.com the images featured above earlier today of a vehicle which was on display screen at Acton Vehicle Sales on Chester Road. The ‘‘ high value’ VXR alloys were taken from a Vauxhall Vectra which was on screen on the forecourt of the automobile dealer. Window deflectors were likewise taken from the car. The event occurred in between 5pm on Monday 29th February and 8am on Tuesday 1st March. It is thought that this vehicle was targeted particularly. Anyone with any more details is recommended to get in touch with North Wales Police on 101 pricing quote reference number U026685. Alternatively you can provide information anonymously by calling Crimestoppers Wales telephone 0800 555 111 … See all stories on this topic
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