Luxury Car Sales Slump In Slow Economy

3 Oct 2008

Mercedes Shows Off Luxury Hybrid

The Paris Auto Show is under way, and car makers are touting their latest high-end cars.

"… are now developing and -- will be on display. Here at the Paris motor show. Obvious that not all the heart on this -- Jim Bolden CNN Paris. …" at 1:19

"… hybrid on the market. And they're showing it off here. At the Paris motor show. Of course to entice the Mercedes customers the hybrids going to have to draw it like a Mercedes is going to …" at 0:21

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1:37

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2 Oct 2008

Green Cars Take Center Stage At Auto Show

The auto industry unveils the newest green cars at the Paris Auto Show.

"… have at least one. Now it's all about electric cars at the Paris motor show. General Motors has gotten a lot of buzz of -- brand new tiny Clark the bolts which can go for about forty miles on one charge. Unlike that Toyota Prius the -- relies solely on an electric motor which can be plugged in at home or recharged using fuel. Chrysler surprised the market last month by …" at 0:05

"… the debut of the prototype of the crews could steal the Paris motor show because the plan is for the crews to be on sale in Europe and Asia. A full year. Americans to drive it. Of course there's other show comes at a time of this credit crunch of this global financial crisis. Even more reason why automakers are very keen to show up all of their new -- however many of them will be asked here just who can afford to buy these new vehicles. Jim Bolden CNN. Paris. …" at 1:28

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2:00

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9 Sep 2008

OPEC Considers Tightening Production

With oil prices down, OPEC is looking for the easiest way to reverse that trend.

"… Over the past here every time OPEC met the question was how much more oil in the cartel pumped. And how quickly can it do it now the question at Tuesday's meeting in Vienna is how soon will OPEC cut production. What's changed well oil prices are now down more than 25%. From the July high -- Western economies are slowing Americans are using less gas. So all eyes are now on what the world's biggest oil exporter will agree to. …" at 0:08

"… Saudi Arabia is behind the increase in OPEC production and I guess many of the members would be keen to see so be -- on discretionary basis. …" at 0:41

"… Analysts say ignore OPEC talked about its quota. In August -- pump below its -- anyway. In part because of some maintenance issues instead look to what Saudi Arabia does especially after the December meeting. Many other OPEC members want less Saudi oil on the market while they keep pumping as much as they can. Jim Bolden CNN London. …" at 1:59

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