Creating a unified market could reduce the production cost per car by 5 to 7%, Tolgfors wrote. The different registration regulations in Europe and the US are a significant cost factor for both passenger cars and lorries, he wrote. As Sweden and Germany were „significant production countries,” they had a „profound common interest in (setting up) joint regulations with the Americans,” Tolgfors said. The Swedish-German group of experts had already started work and was expected to report its plans at a planned summit between the US and European Union at the end of Germany’s EU presidency in June. (monstersandcritics.com)