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....One of the world’s largest automotive firms has hailed a technological breakthrough for the petrol engine, in an engineering twist for an industry racing to embrace the electric car. Japanese car manufacturer Mazda claims to have designed a vehicle that will largely eliminate the need for spark plugs in petrol engines, increasing fuel efficiency by as much as 30%. ... [Read full article on Guardian ]
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....76 in the past year. This is the mother of supply chain headaches, and one hi-tech car manufacturers and electronics firms could do without. ... [Read full article on Guardian ]
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....As the paper notes, these changes have geographic consequences. Its authors note that “the loss of agricultural and manufacturing jobs is felt most acutely in regional areas and on the city fringes” – think, for example, about the loss of car manufacturers in Geelong, Elizabeth and Altona. ... [Read full article on Guardian ]
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Latest Finance News related to Car Manufacturer

Mazda boosts petrol engine efficiency in fresh blow to diesel image
Source : Guardian [Read Article] Tuesday 8th of August 2017 06:06:32 PM
....One of the world’s largest automotive firms has hailed a technological breakthrough for the petrol engine, in an engineering twist for an industry racing to embrace the electric car. Japanese car manufacturer Mazda claims to have designed a vehicle that will largely eliminate the need for spark plugs in petrol engines, increasing fuel efficiency by as much as 30%. ...
Why 'economic anxiety' doesn't explain One Nation and the far-right's return | Greg Jericho image
....As the paper notes, these changes have geographic consequences. Its authors note that “the loss of agricultural and manufacturing jobs is felt most acutely in regional areas and on the city fringes” – think, for example, about the loss of car manufacturers in Geelong, Elizabeth and Altona. ...
Carmakers’ electric dreams depend on supplies of rare minerals image
Source : Guardian [Read Article] Saturday 29th of July 2017 03:00:00 PM
....76 in the past year. This is the mother of supply chain headaches, and one hi-tech car manufacturers and electronics firms could do without. ...
Irish business seeks €1bn in EU aid to protect firms hit by Brexit image
Source : Guardian [Read Article] Wednesday 12th of July 2017 05:40:20 PM
....”. He was referring to the unspecified investment pledges the Japanese car manufacturer got from Theresa May to stay in Sunderland following the EU referendum. ...
Is a car maker about to save the planet? | Zoe Williams image
Source : Guardian [Read Article] Monday 10th of July 2017 05:00:05 AM
.... It becomes ridiculous. You’ll never know when the tipping point is – it’s possibly as little as five minutes – but think enough about electric cars, especially if you’re a car manufacturer, and wham … you’re Volvo. ...
One by one, Brexit’s ‘salvations’ are seen to be illusory | Nick Cohen image
.... “The first calling point of the UK’s negotiator immediately after #Brexit will not be Brussels, it will be Berlin, to strike a deal,” announced Davis in May 2016. German car manufacturers would want access to the British market. ...
UK to fund research into letting electric cars return power to grid image
....British businesses will be able to bid for £20m of government funding for undertaking research and trials of vehicle-to-grid technology, which officials believe holds “enormous potential” benefits for drivers and the energy system. The announcement comes on the heels of a week of good news for electric car manufacturers and battery-makers. ...
France to ban sales of petrol and diesel cars by 2040 image
Source : Guardian [Read Article] Thursday 6th of July 2017 01:20:06 PM
....”. French car manufacturers Peugeot, Citroën and Renault ranked first, second and third on a 2016 list of large car manufacturers with the lowest carbon emissions, the European Environment Agency said. ...
Baidu boss investigated for riding in self-driving car image
Source : BBC [Read Article] Thursday 6th of July 2017 07:38:11 AM
....At the conference, Baidu announced that it had built an alliance with 50 partners to develop and promote self-driving cars. They include Ford, Daimler, five Chinese car manufacturers, mapping firm TomTom, and chipmakers Intel and Nvidia. ...
Jaguar Land Rover to recruit 5,000 staff after record year of sales image
Source : Guardian [Read Article] Sunday 18th of June 2017 04:50:45 PM
.... The carmaker has just enjoyed a record year of sales bolstered by demand for luxury cars in China and North America, and needs thousands of new recruits, predominantly in the UK, to help develop new models, including electric cars. JLR is the country’s biggest car manufacturer and has been held up by ministers as a poster child for British industry. ...
Apple chief: driverless car venture is ‘the mother of all AI projects’ image
....”. Dr Nick Reed, academy director at transport research group TRL, said Apple was smart to focus on technology rather than going head-to-head with car manufacturers. ...
Air pollution fears see demand for diesel cars fall by fifth image
Source : Guardian [Read Article] Monday 5th of June 2017 04:36:46 PM
....“Cleaner technology exists. Instead of lobbying for weaker standards and gaming tests, car manufacturers need to ditch diesel altogether and go electric. ...
BA computer meltdown: 'Heathrow was the angriest place I’ve ever been’ image
....Passengers with connecting flights through Heathrow also found themselves stranded overseas. Wilfried Oehling, a board member at a car manufacturer, lives in Boston and planned to travel to Madrid for meetings and to visit family on Sunday, changing at Heathrow. ...
Jaguar Land Rover posts record sales thanks to demand in China and US image
....Jaguar Land Rover has delivered a record year of sales bolstered by demand for luxury cars in China and North America. Britain’s biggest car manufacturer sold 604,009 vehicles in the 12 months to the end of March, the most in its 95-year history and 16% more than a year earlier. ...
Tesla factory workers reveal pain, injury and stress: 'Everything feels like the future but us' image
.... His electric car company was, by his own admission, a gamble. Musk said starting a car manufacturer from scratch was likely “the worst way to earn money, honestly”, though he caveated that “maybe rockets are a bit worse”. ...
VW emissions: bosses face investigation over claims they misled investors image
....Under current EU law, national authorities are responsible for checking that a car type meets all EU standards before individual cars can be sold on the single market. When a car manufacturer breaches the legal requirements, national authorities are expected to recall models and “apply effective, dissuasive and proportionate penalties laid out in national legislation”. ...
Car finance deals soar to new record image
Source : BBC [Read Article] Friday 12th of May 2017 10:21:27 AM
....That is largely because motorists can hand their cars back if they can no longer afford payments. Ultimately it is the car manufacturers who carry the risk on such deals, as they guarantee second-hand values. ...
Diesel scrappage scheme being considered image
Source : BBC [Read Article] Friday 5th of May 2017 12:51:15 PM
....One key question will be how much money the government is willing to throw at the problem to encourage cleaner technology. ClientEarth, which brought the court case against the government, says part of the solution is to make diesel car manufacturers play their part - because they deceived ministers and the public into thinking their products were clean. ...
BMW profits boosted by Intel map investment image
Source : BBC [Read Article] Thursday 20th of April 2017 12:56:17 PM
....BMW said the value of the stake in Here had risen by 183m euros. The car manufacturer also cited improved earnings from its Chinese joint venture, BMW Brilliance Automotive, for its higher profits. ...
Financial watchdog to investigate car finance market image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:47:47 AM
....According to Sandy Burgess, chief executive of the Scottish Motor Trade Association, that could lead to a market in used car finance deals, allowing drivers to take on cars from the age of two or three for a further two years or so. He also told BBC Scotland that he foresees the business model developing to the point that car manufacturers do not lease one car, but provide a service for a monthly fee, for which drivers can choose from a range of car types. ...
Drivers could be paid 'up to £2,000 to scrap diesels' image
Source : BBC [Read Article] Monday 17th of April 2017 10:17:34 AM
.... . Under the new scrappage plan, half of the payments could come from the government with the rest coming from car manufacturers. ...
Are the wheels about to fall off the credit gravy train? image
Source : Guardian [Read Article] Saturday 8th of April 2017 03:00:05 PM
.... It said charges could be eased or withdrawn if customers could not afford a repayment plan. There have also been warnings that the car manufacturers behind multibillion-pound leasing arms are at risk because nine out of 10 private car buyers are now using PCPs, where they pay a small deposit then commit to monthly payments for the next three years with the option to buy or hand back the car at the end. ...
Hard Brexit 'could increase cost of making a car in UK by £2,400' image
Source : Guardian [Read Article] Monday 20th of March 2017 06:34:46 PM
.... The cost of exporting 200,000 cars a year from the UK would be £920m after two years, which PA Consulting said would “easily” cover the cost of building a new plant in the EU. However, in contrast, car manufacturers with no British operations at present could look to move some production to the country to avoid the costs of tariffs. ...
SNP demands to see UK government's Brexit 'promises' to Nissan image
Source : BBC [Read Article] Saturday 11th of March 2017 12:57:04 AM
. The SNP has demanded the UK government releases its correspondence with the car manufacturer Nissan to show what assurances were made ahead of Brexit. ...
Road tax rises image
Source : BBC [Read Article] Friday 10th of March 2017 10:07:22 PM
....Importantly, if you have a car already, these rule changes do not apply and you will continue to pay VED under the existing rates. The changes, announced in the July 2015 Budget, reflect the fact that car manufacturers have cut many car models' CO2 emissions. ...
Rethink rates now or face retail disaster, shops tell chancellor image
Source : Guardian [Read Article] Tuesday 7th of March 2017 07:01:35 AM
.... Furthermore, a likely weakening economy and more uncertain outlook may well make businesses more circumspect in their car purchases – perhaps taking longer to replace fleets. “Meanwhile, the sharp weakening of the pound makes it more difficult for car dealers to offer attractive deals on imported cars – with the result that some car manufacturers have raised prices and more increases seem inevitable during 2017. ...
Theresa May must give Vauxhall assurances over Brexit, says Labour image
Source : Guardian [Read Article] Monday 6th of March 2017 08:03:56 PM
. Theresa May is facing calls to guarantee that Brexit will not harm the operations of Vauxhall after PSA, the French owner of Peugeot and Citroën, announced a deal to buy the British car manufacturer. ...
Standard Life's Aberdeen deal means job losses – but avoids US takeover image
....Don’t rely too heavily on these statements. Tavares is in the business of cutting costs and plants are always in a state of internal competition at pan-European car manufacturers to secure the next model. ...
Nimble entrepreneurs seek solutions to air quality crisis image
Source : Guardian [Read Article] Monday 6th of March 2017 07:30:06 AM
....Market analysts IDTechEx see promise in emissions prevention technology, which is being developed to bring vehicles that run off non-carbon-based fuel to market. “A Chinese car manufacturer recently launched a carbon-independent vehicle covered in solar panels,” says David Pugh, an IDTechEx technology analyst. ...
Car wars image
Source : BBC [Read Article] Tuesday 28th of February 2017 01:04:48 AM
....That sounds convenient and useful, right?. But what if the repair centre is owned by the car manufacturer? You might not be getting the best price for the new parts and servicing. ...
Boeing to open factory in South Yorkshire image
Source : BBC [Read Article] Friday 24th of February 2017 01:54:08 PM
....Those 30 people will be making actuation components - the bits that move the wings - and the factory they will be built in will be very important for South Yorkshire. The news comes shortly after luxury supercar manufacturer McLaren announced it is planning to build a £50m chassis factory on the site, creating 200 jobs. ...
Sub-prime cars: are car loans driving us towards the next financial crash? image
Source : Guardian [Read Article] Friday 10th of February 2017 03:29:36 PM
....When residential mortgage-backed securities collapsed in 2007-08, there was a domino effect through financial institutions across the globe. Should an auto asset-backed security collapse, it is likely that the pain will fall mostly on the car manufacturers who stand behind their multibillion-pound leasing arms. ...
Shattered when the roof of my Hyundai fell in on me image
Source : Guardian [Read Article] Sunday 5th of February 2017 07:01:07 AM
....JP, Tunbridge Wells. We don’t think you are being unreasonable at all, and this is yet another case of a car manufacturer failing to honour its warranty. ...
Leading investor signals it may oppose City bosses' pay rises image
Source : Guardian [Read Article] Wednesday 1st of February 2017 12:02:54 PM
....The report highlighted Sports Direct’s treatment of its workers, which has been widely criticised after a Guardian investigation. Volkswagen was also singled out by the asset manager as an “escalation candidate”, suggesting SLI will put more pressure on the German car manufacturer to change its ways after the emissions scandal that rocked the VW group in 2015. ...
VW risks new pay row as compliance chief lands €10m payoff image
Source : Guardian [Read Article] Tuesday 31st of January 2017 06:38:36 PM
....Hohmann-Dennhardt is being replaced by Hiltrud Werner, who was previously head of auditing. News of her payout has emerged a day after sales figures for 2016 confirmed that VW is the world’s biggest car manufacturer. ...
VW becomes world's No 1 carmaker despite diesel emissions scandal image
Source : Guardian [Read Article] Monday 30th of January 2017 01:55:34 PM
. Volkswagen has become the world’s biggest car manufacturer, overtaking Toyota in the number of new vehicles sold in 2016 despite the damage it suffered in the diesel emissions scandal. ...
How artificial intelligence could help make the insurance industry trustworthy image
....2tn insurance industry has a poor reputation for trust and customer service. In a recent global survey from accounting firm EY, consumers ranked insurance below banks, car manufacturers, online shopping sites and supermarkets for trustworthiness. ...
Brexit and Trump mean 'dangerous new phase' for Airbus, says boss image
Source : Guardian [Read Article] Tuesday 24th of January 2017 04:37:09 PM
....”. MPs also heard that multinational car manufacturers were already putting off investment plans in the UK while uncertainty reigns about what sort of trade deal the government might strike with the EU, and how long negotiations might take. ...
Twelve things you need to know about driverless cars image
Source : Guardian [Read Article] Sunday 15th of January 2017 07:30:09 AM
....The six levels of automation, defined under international standards by the Society of Automotive Engineers, range from “no automation” to “full automation”, explains Sven Raeymaekers, of tech investment banker GP Bullhound. “If you look at the most recent predictions, the majority of car manufacturers estimate the first highly to fully automated vehicles [AVs] will hit the market between 2020-2025,” he says. ...
Dangerous business: what to do if a product you use has been recalled image
Source : Guardian [Read Article] Wednesday 11th of January 2017 11:42:14 AM
....Overheating phones, exploding car airbags and tumble dryers that catch fire – all products that have recently led to safety alerts and, in some cases, recalls. The exploding airbags supplied by Japan’s Takata to multiple car manufacturers across the globe led to one of the largest product recalls in history. ...
Cash car image
Source : BBC [Read Article] Tuesday 10th of January 2017 12:21:21 AM
....Other P2P car-sharing firms seem to be enjoying similar rates of growth, as younger people in particular embrace the concept of "mobility as a service" and eschew ownership. So what does this mean for car manufacturers' traditional business models? . ...
Auto industry's Trump fear: 'Everyone dreads being subject of a tweet' image
Source : Guardian [Read Article] Saturday 7th of January 2017 08:00:14 AM
.... In the 1980s Donald Trump even worked on building a Trump-branded Cadillac, complete with VCR and paper shredder. The Trumps may be fans of the US’s largest car manufacturer but GM, and the car industry in general, should have been paying more attention to the final sentence of his pre-election endorsement: “Made in the USA. ...
Diesel cars are 10 times more toxic than trucks and buses, data shows image
Source : Guardian [Read Article] Friday 6th of January 2017 06:01:10 AM
....Evidence that some diesel cars emitted up to four times more NOx pollution than a bus was revealed in 2015. Catherine Bearder, a Liberal Democrat MEP and a lead negotiator on the EU’s air quality law, said “It is disgraceful that car manufacturers have failed to reduce deadly emissions when the technology to do so is affordable and readily available. ...
Toyota will face 'big border tax' if Mexico plant makes US cars, Trump says image
. Donald Trump threatened Toyota on Thursday with a “big border tax” if it didn’t build cars meant for the US within the states, the latest in a series of attacks on car manufacturers and the first time since his election that he has threatened a foreign company. ...
Mexico and Mr Trump: What will happen to trade ties? image
Source : BBC [Read Article] Wednesday 4th of January 2017 11:59:36 PM
.... . However, in the city of Puebla, a two-hour drive from the capital, the German car manufacturer Volkswagen is the biggest employer with 14,000 staff. ...
European commission guilty of 'negligence' over diesel defeat devices, says draft report image
....The commission recently began legal action against several countries, including the UK, for failing to set up penalty systems to deter violations of emissions law in a move that won the current industry commissioner, Elżbieta Bieńkowska, grudging respect from Green MEPs. Despite the VW scandal, 27 of the EU’s 28 states have taken neither financial nor legal action against car manufacturers, nor made mandatory recalls or retrofits of vehicles, nor withdrawn type approvals. ...
Urgent Brexit deal needed to avert banking job losses, peers to warn image
Source : Guardian [Read Article] Tuesday 13th of December 2016 06:06:17 PM
.... Some in fund management and insurance are more concerned, while others predict some loss of clearing jobs to rival European centres is inevitable. At a meeting between car manufacturers and Davis on Monday, attendees were said to be heartened that the government increasingly understood the need for them to retain access to European markets but were worried there was little plan for achieving this. ...
Dieselgate: EC begins legal action against UK and other EU nations image
Source : Guardian [Read Article] Thursday 8th of December 2016 12:24:18 PM
.... The accused countries have two months to respond, after which the commission could send a “reasoned opinion” before ultimately filing a suit at the European court of justice in Luxembourg. The EU’s industry commissioner, Elżbieta Bieńkowska, said: “Abiding by the law is first and foremost the duty of car manufacturers. ...
Volkswagen emissions: UK and six other nations face legal action image
Source : BBC [Read Article] Thursday 8th of December 2016 11:38:37 AM
....On top of this, the European Commission has also called Germany and the UK to account for refusing to share details of breaches of EU emissions laws they discovered through their own investigations earlier this year. Industry commissioner Elzbieta Bienkowska said in a statement: "National authorities across the EU must ensure that car manufacturers actually comply with the law. ...
Motorists at risk from log book delays image
Source : BBC [Read Article] Wednesday 7th of December 2016 01:41:00 PM
....However, in some cases they are not being updated for several months after cars are sold, a BBC investigation has found. Some dealers retain the documents to help them qualify for large discounts from car manufacturers. ...
George Osborne defends earning £320,000 on speaking tour image
Source : Guardian [Read Article] Friday 2nd of December 2016 04:47:13 PM
....”. The former chancellor suggested that the deal May had offered to Nissan, which persuaded the Japanese car manufacturer to stay in Sunderland and build two new models there, should be extended to every business. ...
Sadiq Khan demands VW compensate Londoners and TfL image
Source : Guardian [Read Article] Sunday 20th of November 2016 01:48:59 PM
. The mayor of London has written to Volkswagen imploring the car manufacturer to “fully compensate” the capital’s residents affected by the emissions scandal. ...
Theresa May's Nissan intervention was remarkable gesture, says ambassador image
Source : Guardian [Read Article] Thursday 10th of November 2016 05:58:57 PM
....Koji Tsuruoka said, however, that Nissan would not necessarily stay in the north-east of England if it were unable to make a profit. Any tariffs imposed on imported car parts and exported finished models as a result of Brexit could affect car manufacturers’ bottom line very severely, he said. ...
Minister: 'No cheque book' for Nissan image
Source : BBC [Read Article] Friday 28th of October 2016 04:25:43 AM
....According to the newspaper, "Mr Clark's letter is regarded by Nissan as a promise that it will not have to bear the cost of punitive tariffs on car exports if Britain leaves the EU customs area without a free trade agreement in place". The Nissan announcement has led to calls from other car manufacturers for similar pledges. ...
Nissan worker: 'If Nissan went down, the north-east would be gone' image
Source : BBC [Read Article] Thursday 27th of October 2016 05:33:00 PM
. Nissan workers have given their reaction after the car manufacturer announced it would build the new Qashqai and the X-Trail SUV at its Sunderland plant. ...
Toyota recalls 5.8 million cars over faulty Takata airbags image
Source : BBC [Read Article] Wednesday 26th of October 2016 07:37:03 AM
.... . Car parts maker Takata is already facing huge compensation costs over its airbags, which are used by many car manufacturers and have been linked to at least 16 deaths worldwide. ...
Robot rage image
Source : BBC [Read Article] Thursday 20th of October 2016 11:49:10 PM
....Mr Dolgov admits that the self-driving software is not yet ready for commercial release. Despite public misgivings, car manufacturers are forging ahead with their automated car plans. ...
Formula E: Mercedes takes option to join electric motor series image
Source : BBC [Read Article] Tuesday 4th of October 2016 11:39:35 AM
....The third Formula E season starts in Hong Kong on 9 October. Ten teams - including car manufacturers Renault, Audi, BMW and Jaguar - currently take part in the series, with two new entries to be allocated for 2018-19 subject to the approval of the International Automobile Federation (FIA). ...
Driving change image
Source : BBC [Read Article] Tuesday 4th of October 2016 09:53:19 AM
....India makes about 24 million vehicles a year, nearly a fifth of them in this region of Tamil Nadu state. "We have seen a number of other car manufacturers establish plants in the state and that has helped us attract and help local suppliers relocate and set up in Tamil Nadu itself," says Colin Macdonald, managing director of Renault-Nissan. ...
Car makers plan for electric future image
Source : BBC [Read Article] Friday 30th of September 2016 11:52:07 AM
....At the Paris Motor Show, it is electric cars that have been making the headlines. The BBC's Theo Leggett has been taking a look at some of the car manufacturers' competing electric concepts - which will influence the next generation of cars on our streets. ...
Honda boss : We want a fast decision on Brexit image
Source : BBC [Read Article] Thursday 29th of September 2016 03:10:16 PM
. Following the UK's vote for Brexit, Japanese car manufacturer Honda has reaffirmed its commitment to the UK as a major manufacturing base, and says that Swindon-built Honda Civics would continue to be exported globally. ...
Absent brands image
Source : BBC [Read Article] Tuesday 27th of September 2016 11:51:21 PM
. If one of the world's biggest car manufacturers decides not to attend one of the world's most prestigious motor shows, should the organisers be getting worried? . ...
Volkswagen buys 16.6% stake in US truck company Navistar image
Source : BBC [Read Article] Tuesday 6th of September 2016 02:28:51 PM
....6% stake in US truck-maker Navistar. The agreement gives the German car manufacturer a foothold in the US truck market and Navistar a source for new engines for its fleet of vehicles. ...
Brexit: Japan warns firms may move European HQ out of Britain image
Source : BBC [Read Article] Sunday 4th of September 2016 11:55:33 AM
....Ahead of the referendum, Japanese firms, including Hitachi and Nissan, and the country's Prime Minister Shinzo Abe warned investment could fall if the UK left the European Union. Japanese car manufacturers account for more than 50% of the cars made in the UK. ...
Self-driving taxi trial kicks off in Singapore image
Source : BBC [Read Article] Thursday 25th of August 2016 04:33:42 AM
.... . Given that nuTonomy is not a car manufacturer, these are not flashy futuristic vehicles designed for a driverless future. ...
Volkswagen hit by 2.2bn euros diesel emissions charge image
Source : BBC [Read Article] Wednesday 20th of July 2016 11:20:51 AM
....The so called "defeat devices", which deactivated pollution controls, were placed in 11 million cars worldwide. Europe's biggest car manufacturer said it had seen an improvement in European car markets and the return of orders from corporate fleets. ...
UK car sales fell ahead of EU vote image
Source : Guardian [Read Article] Wednesday 6th of July 2016 09:51:09 AM
....Aside from sales, there are fears that car manufacturing could take a hit from the Brexit vote, with foreign companies delaying investment decisions or choosing other locations to open factories. The UK car industry has traditionally benefited from strong investment from overseas car manufacturers, including Nissan in Sunderland and Toyota in Derby. ...
Is your car the most stolen model in England and Wales? image
Source : Guardian [Read Article] Saturday 25th of June 2016 06:00:06 AM
....”. Tim Pollard, digital editor-in-chief of Parkers and Car magazine, says car manufacturers do take security seriously, “but it’s a game of cat and mouse”. ...
DfT probes Skoda over emissions: VW-owned Czech carmaker could be prosecuted image
.... . Europe’s largest car manufacturer, which also owns Audi and Porsche, blamed higher marketing costs because of Dieselgate, negative currency movements and plummeting sales at its Bentley luxury car unit. ...
Five threats to American prosperity tie the hands of its banker-in-chief image
....”. He believes the strong dollar has restricted the ability of car manufacturers to sell abroad and, by making imported goods cheaper, has allowed US consumers to enjoy steady or falling prices – at the expense of domestic manufacturing jobs. ...
No single market access for UK after Brexit, Wolfgang Schäuble says image
Source : Guardian [Read Article] Friday 10th of June 2016 10:01:19 AM
....Supporters of the British Leave campaign argue that it is in Germany’s economic interest to maintain barrier-free trade relations with the United Kingdom. Britain is the third largest export market for German car manufacturers, and the destination of around 7% of total German exports. ...
Saudi Arabia's Uber venture: a case of if you can't beat 'em, join 'em image
.... In a world where people are buying cars on monthly plans – 80% of Mercedes sales in the UK take place under these personal contract purchase deals) – it is not a big leap for the car companies to start worrying that people might do the calculations and decide that their next car could be an Uber. And the ride-sharing app, and its rivals, could soon be the car manufacturers’ biggest customers. ...
Jaguar Land Rover sells record half a million cars in a year image
Source : Guardian [Read Article] Monday 30th of May 2016 05:11:56 PM
....Jaguar Land Rover sold half a million cars for the first time ever in the past year, helped by strong demand in Europe and North America. However, the UK’s largest car manufacturer, owned by Indian conglomerate Tata, saw pre-tax profit fall as customers opted for cheaper models and it suffered a slowdown in the lucrative Chinese market. ...
Mitsubishi president steps down over test-fixing scandal image
Source : Guardian [Read Article] Wednesday 18th of May 2016 02:14:48 PM
.... It was bailed out by other Mitsubishi Group companies. • Volkswagen, Europe’s biggest car manufacturer, shocked the world last September when it admitted cheating in emissions tests to make its cars appear less polluting than they were. ...

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