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LyrArc brings in selected articles from many of the world's top publications.

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Wall Street Journal Original article ›
WSJ Original article ›
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The Federal Administrative Court in Leipzig, Germany, ruled in an appeal of a lower court decision, that German cities Stuttgart and Dusseldorf could ban diesel vehicles from urban traffic to reduce air pollution. Diesel vehicle technology of German manufacturers took a hit with the VW emissions cheating scandal. This ruling now puts pressure on the next German government to force car makers to take on estimated 8 billion euros in costs to refit older diesel vehicles to reduce pollution. Another option for government is to push this cost onto taxpayers, not a popular move. A longer term trend is also underway now that diesel fumes are seen as being more damaging to health than previously thought. Cars made up half of cars sold in Europe before the 2015 VW diesel emissions scandal when VW misrepresented the real amount of emissions taking place. This has dropped now to 44%, and is now more concentrated in delivery vehicles, craftsmen vehicles, according to analysts. This is expected to drop to 20% by 2025. The Leipzig ruling accelerates the decline of the diesel engine in Europe. As the Leipzig ruling is at the federal level the Environmental Action Germany which setup the lawsuit says the first diesel bans could go into effect in 3-6 months.    ...
WSJ Original article ›
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As inflation eases and job growth continues in the US, and to a lesser extent also in the European Union, there are different opinions on why this is happening. One camp says that the surge in inflation was from temporary supply shocks. Once these shocks abated and supplies came back into the market the situation has eased. Central bank increase in rates played a smaller part in easing inflation say these experts. With interest rates up on loans there is less demand for cars in the US that leads to sellers having less pricing power. The other camp says the increase in interest rates at consecutive meetings had a strong impact on expectations of inflation. Higher interest rates played apart in cooling demand for cars and home purchases.

dw.com Original article ›
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It took 12 hours after Maduro's capture for Berlin to respond. Chancellor Merz of the CDU and Lars Klingbeil of the SPD Deputy Chancellor are in a coalition government, with the SPD taking a different and cautious view than the CDU. Both agree that the Maduro government was illegitimate and about human rights abuses.The final statement said the Maduro government was illegitimate and had human rights abuses, and welcomed the change. It also was cautious in its wording as it was concerned about implications for international law. No mention was made of drug trafficking to the European Union from Venezuela and its impact on European society as a concern, but this must be a concern that European leaders have. European leaders have failed to bring this up which can be mystifying for people outside Europe knowing the increasing damage drug trafficking is doing to European society, including France, Italy and Germany.

dw.com Original article ›
LyrArc Article Gist
German response to Greenland tariff is muted- "appropriate response at appropriate time" realizing that Denmark and Nordic countries not Poland, Austria, Hungary, Russia, China, and other countries are concerned about Greenland, and after action by Denmark's government that "is going nowhere" in the words of DJT.  Denmark has misrepresented the facts and US history in relation to Greenland's exploration by US Navy and Adm. Perry in 1890's is ignored, Denmarks colonial power history is left out which is how it acquired Greenland in 1813 in Treaty of Kiel with Sweden in exchange of territory during Napoleonic Wars. Much of this can easily be researched and it is baffling that the Danish socialist party government is bringing NATO into this as it has to do with security of the eastern seaboard of the US, a concern since the early days of the founding of the Republic of the US since 1820's.

Wall Street Journal Original article ›
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Peugeot-Citroen Europe's largest car maker after VW is seeingdeclining profitability as sales increases it expected in 2002 did not happen and its running plants well below capacity. Now the company is planning to increase sales by going into developing country markets- Russia, China, India, so on and will design and build small cars for these markets. It sell about 1.7 million cars outside Europe about half its sales of 3.37 million vehicles. Its hoping to add another 400,000 in vehicle sales by 2010. Its also planning to shorten the life of its models to 3 years i 2010 from 4 1/2 in 2006, and introduce 29 new models in the next 3 years to 2010, hoping to generate 300,000 additional car sales by 2010. About 53 ne models or variants of existing model are to be launched in the next 3 years worldwide to 2010. This plus cost reductions in purchasing, logistics, fixed and development costs, capacity utilization improvements, and headcount are planned to improve operating margins to 5.5% from 2.7% in first half 2007. In the emissions area Peugeot-Citroen wants to be a world leader in environmentally friendly vehicles. It will reduce CO2 emissions by having stop-start systems on all cars, and launch vehicles with hybrid diesel engines. ...
WSJ Original article ›
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The human cost of bad decisions in the toxic spill from railroad cars is well known. It is now shown that the cost in financial terms will be over $800 million. This is the cost of poor decisions at the company.

WSJ Original article ›
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As Tesla evolves into a mass manufacturer of automobiles it plans to turn to debt and equity markets for more capital. Tesla has about 455,000 net orders for the Model 3, mass market version of its electric car. The production line has to accelerate quickly from production of 2000 Model 3 cars per week at the end of 2016 to 10000 at the end of 2018. A steep jump which Tesla CEO Musk calls "production hell" that he has bought a ticket for.  Part of the problem is being short of capital for its ambitious program. In the past Tesla has planned to have cash on hand as reserve of $1 billion at the end of each quarter. Current plans call on spending $2 billion in cash in the second half of 2017 from the $3 billion in cash on hand at the end of the last quarter. 

WSJ Original article ›
Detroit Free Press Original article ›
LyrArc Article Gist
Auto sales overall in the USA drop below 1 millon for the month of September 2008, the first time in 15 years. Honda's Insight hybrid will be priced lower than the Prius and other hybrids to sell 200,000 of these cars a year and make the higher mileage lower emission car more affordable.
New York Times Original article ›
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The story of Lara Gass, a law student in Virgina, whose brakes, power steering and power failed causing a fiery crash, because of a faulty ignition switch in a 2006 Saturn Ion. The failure of GM to take the cars with that defective switch off the road till they are repaired is cause for anguish for 21 grieving families that lost a family member.
Wall Street Journal Original article ›
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Nissan and NEC plan to invest $115 to produce a lithium ion battery in a 3 years project with capacity of 13,000 a year in the beginning growing to 65,000 annually by 2011, mostly for cars. Nissan has a 51% ownership stake in the new company. Nissan and NEC say their laminated cell battery uses a stable crystal structure called spinel manganese that will eliminate risk of overheating.
Wall Street Journal Original article ›
LyrArc Article Gist
Because of government duties on imported car parts and higher production costs and lack of competition Toyota's hybrid Prius costs $40,000 and Honda's Civic hybrid costs $38,000 in China. The same hybrid costs $21,000 in the USA. a huge difference in price. So Toyota only sold only 414 hybrid Prius cars out of 5.2 million sold in 2007. At these prices buyers can afford a more expensive car or SUV. So the hybrids are coming in on cars like the Buick LaCrosse. In China hybrid owners are status conscious and expect a bigger and better equiped car so there is a cultural difference at work here.
Wall Street Journal Original article ›
WSJ Original article ›
LyrArc Article Gist
As winter approaches pollution reaches dangerous levels in New Delhi causing a public health emergency. Millions of anti-pollution masks are now distributed at schools, colleges, hospitals and local markets. As the weather cools a thick haze from car emissions and coal power plants builds up over New Delhi making it hard to see. The cool weather appears to trap the pollutants in northern India against the Himalayan mountains creating a stifling haze. Construction dust and smoke from paddy crop burned in the Punjab adds to the problem. This year it is getting worse than ever. Pollution levels are about 20 times what is considered healthy by the WHO. The air quality index hit 494 on November 3, 2019. Some parts of the city hit 1000 on the index. Over 500 is considered dangerous and "hazardous" to health. The government of Delhi and the state and federal authorites have taken some action to close schools, ban work at construction sites, implemented odd even license plates rule for cars entering New Delhi. A survey shows about 40% of residents of New Delhi wanted to move to some other city, and 16% want to travel this time of the year to escape pollution. ...
New York Times Original article ›
New York Times Original article ›
LyrArc Article Gist
The prospects for new health care legislation in 2008, will it make it through public opinion and through the House and Senate, or will it be derailed again?
DW.COM Original article ›
LyrArc Article Gist
Coronavirus second wave is taking intensive care capacity to breaking point in some parts of Europe. Belgium will soon see its entire intensive care capacity taken by coronavirus.

France 24 Original article ›
LyrArc Article Gist
One third of US homeless are in California, 75000 in Los Angles alone. Many live in RV or cars because that is all they can afford, and rents have gone up. Shown in FR24 is the situation for housing in California.

France 24 Original article ›
France 24 Original article ›
LyrArc Article Gist
The additional 50 kilometres of bicycle lanes are leading to a surge of people on bicycles in the French capital.

Wall Street Journal Original article ›
LyrArc Article Gist
Japan's sales of new cars, trucks and buses increased 78% in March 2012 over the prior year. Government subsidies for fuel efficient cars helped stimulate sales. Sales in 2011 were adversely affected by the tsunami and earthquake that hit Japan.
New York Times Original article ›
LyrArc Article Gist
The air quality around Chinese cities is worsening because of coal fired plants and increasing demand for energy, and because of exhaust from automobiles filling the highways. The air quality around Beijing violated the WHO standards more than 80% of the time during the fourth quarter 2008 period. China's Ministry of Environmental Protection says in a report that more than 25% of China's rivers, lakes and streams are too polluted to be used for drinking water. And acid rain is a problem in 200 of 440 cities it has monitored. Efforts to control the exhaust pollution from cars by putting driving restrictions in Beijing are not as effective. One report says that even after 20% of private cars are taken off the road each weekday, the 250,000 new cars that were added to Beijing's streets in the Jan-April 2010 period, have left things as bad as they were before.
New York Times Original article ›
LyrArc Article Gist
Sweden's new government elected in 2006 after years of Social Democratic governments, is not in favor of state involvement in industry. The enterprise minister Oloffson says, the Swedish government is not prepared to own car factories. Southwest Sweden where Saab in located, in the town of Trollhattan, will be hard hit if Saab closes. It has 54,000 people, with 4000 employed at Saab. Saab turnedout its first car here in 1947. But its not the same Saab that became known for its engineering. Under General Motors Saab lost its edge as a car with advanced engineering. And last year Saab sold 93,295 cars, 21,383 in the USA, and this year demand will drop steeply. Already losses for 2008 are $343 million. No matter what the label meant in the past, the hard facts are that here is a neglected car company, which may sell only sixty or seventy thousand cars in the years ahead and keep going down in numbers, with no money for investment in new technology in these credit markets for declining numbers, and offering huge losses that may approach half a billion dollars in 2009. Even a Social Democratic government might think to pause. Given Sweden's generous employee retraining, would the money for rescue be better spent in some new field with better prospects....
Wall Street Journal Original article ›

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