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Ten years after Volkswagen's legendary Beetle drove off into the sunset, the German carmaker's other main icon, the camper van, takes its leave from the world's automobile stage this month. In the vast firmament of the automobile industry, the camper van's star shines almost as brightly as that of the Beetle. The worldwide popularity of both vehicles helped VW become a global carmaker. It was the Beetle -- the Type 1 -- that gave birth to the company that is currently the world's third-biggest automaker.
The International Energy Agency issued an upbeat outlook for the United States and Europe on Wednesday, saying economic recovery in the advanced economies is expected to lift global oil demand. The IEA, highlighting strongly growing consumption in the United States as economic recovery takes hold, said that it was raising its oil demand forecast for 2013 and 2014. And despite the stronger-than-expected performance by the world's richest economies, it is the non-OECD economies which are still forecast to continue leading oil demand growth. The IEA raised its estimate of the growth of global oil demand this year by 1.3 percent to 145,000 barrels per day (bpd).