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• Iran concedes economy hurting over oil
Another possibility is to cut subsidies that keep automobile fuel prices low but drain the country of hard currency. Because it has few domestic refineries, Iran must import some $350 million worth of fuel per month. "To manage the country in a better ...
• Fixing Detroit: Experts have wide range of ideas
We asked a handful of automotive industry experts and observers for their views on how the nation’s big automobile makers can fix their problems. Other experts have offered their opinions to CNBC and other media outlets. Here is a sampling of their ...
• Iraqi women seek freedom of roads again
The Iraqi Automobile and Tourism Association reported that 123 people signed up for driving lessons in November, most of them women. "Women used to be everywhere driving their cars. Then we saw a backslide," said Safia al-Souheil, a member of ...
• Ind. woman, world's oldest person, dies at 115
Parker noted with pride last year that she and her husband were one of the first owners of an automobile in their rural area. Coincidentally, Parker lived in the same nursing home as 7-foot-7 Sandy Allen, whom Guinness recognized as the world's ...
• Oil prices tumble below $50 a barrel
In Germany, Europe’s largest economy, a liter of gasoline sold for $1.47 per euro, or about $5.59 per gallon, according to TCS, the Swiss automobile club. That is down 26 percent from July 16. Prices have fallen 24 percent since July 16 in France ...