It is exceptionally rare for Bernie Ecclestone to be shown the yellow flag when it comes to his Formula One business dealings, but that's what happened with two of his projects. A month ago, Ecclestone agreed to terms with France's sports minister David Douillet to reinstate the French Grand Prix at the Paul Ricard circuit (which Ecclestone happens to own). The contract hadn't been signed while minor details were settled, but the plan was that the French GP would alternate with the Belgian GP st
The European Union made noises last year about having the WTO verify that the U.S. auto industry assistance package doesn't violate any international trade rules. Now French President Nicolas Sarkozy has said he will ask the World Trade Organization to stick their hands into the matter.
The European Union has been working on new legislation with the goal of reducing overall carbon emissions to just 130 g/km by 2015. Many believe that electric vehicles are the best way to achieve this ultimate goal, but internal reports may not agree with this assessment, according to the Financial Times. In fact, Jean Syrota, the former French energy industry regulator, is said to have authored a 129-page document that promotes the continued use of the internal combustion engine, albeit ICEs co
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models