Consequences of a possible war between North Korea and South Korea (and USA) to the automotive world

Every war is bad, it takes the lives of hundreds, thousands or even millions of people and usually without a reason to justify it. With increased tension between the two Koreas it makes sense to ask ourselves about the consequences for the world economy and in particular for automotive manufacturers if they go into war.

European car sales drop to 1986 levels

The European car market keeps dropping month after month to levels last seen nearly 20 years ago. The distrust in the future and in the austerity policies wreak havoc in the car markets, specially in the Mediterranean countries that are more harassed by the recessionary measures implemented, and the month of October is no exception.