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.... Programme execution remains key for all our businesses," said Tom Enders, Airbus chief executive. However, Airbus has been weighed down by weaker prices as it changes to new models and higher production costs. ... [Read full article on BBC ]
Thursday 27th of April 2017 08:21:02 AM
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Latest Finance News related to New Model

Airbus profits fall as technical problems continue to hit projects image
.... Programme execution remains key for all our businesses," said Tom Enders, Airbus chief executive. However, Airbus has been weighed down by weaker prices as it changes to new models and higher production costs. ...
Financial watchdog to investigate car finance market image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:47:47 AM
.... . More than two-thirds of cars are now financed through finance agreements, not only encouraging sales, but drawing customers back to take out a new finance package on a new model after two or three years. ...
Cut price image
Source : BBC [Read Article] Sunday 9th of April 2017 11:18:58 PM
Congested, polluted and with car jobs at risk, Stuttgart reaches a crossroads image
....For the three young Porsche technicians joshing around in their tea break outside one of the carmaker’s assembly lines in Stuttgart, life seemed good last week. Like all the company’s 20,000 employees, they had just been given a bonus of €9,100 (£7,735); sales and profits were soaring; Porsche was investing €1bn in new models; and, in the sparkling southern German spring sunshine, their future as skilled craftsmen looked secure, well rewarded and full of promise. ...
'People aren't spending': stores close doors in 'oversaturated' US retail market image
....“Brick-and-mortar stores will exist in the future but there will be fewer of them,” the report predicted. “A new model of delivering not only products, but also genuine brand experiences is emerging. ...
Vote of confidence image
Source : BBC [Read Article] Thursday 16th of March 2017 10:17:03 AM
....So why has Toyota decided to make this investment? What kind of guarantees has the government given the Japanese carmaker? . And has Toyota received the same sort of assurances that persuaded Nissan to commit to building new models in Sunderland?. ...
Toyota to invest £240m in UK plant at Burnaston image
Source : BBC [Read Article] Thursday 16th of March 2017 09:39:48 AM
....Read more from John here. The general secretary of the Unite union, Len McCluskey, said Toyota workers "need to know that the government has their back and will do whatever is necessary to ensure new models and new investment keeps coming to Britain". ...
Brexit and Bochum haunt Vauxhall in the new battle for Ellesmere Port image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
.... That gives British workers some assurance about their jobs in the short term. But unions reckon talks about a new model to replace the Astra will start again some time next year. ...
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
.... . Nissan announced in October last year that it planned to build two new models at its Sunderland plant. ...
India washing machine launched with 'curry' button image
Source : BBC [Read Article] Friday 10th of March 2017 07:05:51 AM
....Panasonic told the BBC that about 5,000 of the machines had been sold so far, with a target to sell at least 30,000 by March next year. Priced at about 22,000 Indian rupees (£268;$330), the new model costs around 10% more than other washing machines. ...
Peugeot-Citroën chief vows to save jobs in Vauxhall/Opel takeover image
Source : Guardian [Read Article] Monday 6th of March 2017 12:35:46 PM
....His assurances also suggest production of the current Vauxhall Astra at Ellesmere Port will be guaranteed until 2021, while the Vivaro van in Luton would be guaranteed until 2025. The Unite union said talks on a new model to replace the Astra would need to begin by late 2018. ...
Vauxhall-Opel sold by GM to Peugeot-Citroen image
Source : BBC [Read Article] Monday 6th of March 2017 07:31:41 AM
.... . "The current (Astra) model in Ellesmere Port goes up to 2020/2021 but really it's this time next year, maybe the middle of next year, (when) we would need to secure acceptance of a new model there. ...
Peugeot 'set to unveil deal to buy GM's Opel on Monday' image
Source : BBC [Read Article] Friday 3rd of March 2017 11:26:34 PM
.... . Last week the BBC learned that both PSA and GM were keen to sign a so-called "statement of intent" before the Geneva Motor Show which starts on 6 March to prevent ongoing speculation overshadowing the release of new models. ...
A Mini part's incredible journey shows how Brexit will hit the UK car industry image
....“There are two things that will happen. Decisions over new models will switch away from the UK and I think when a company is face with tough decisions – like Vauxhall/Opel – the likelihood is it will go against the UK. ...
George Osborne warns against leaving EU without trade deal image
Source : BBC [Read Article] Tuesday 28th of February 2017 03:18:11 PM
....In another development, a senior Nissan executive has told MPs the car maker may "adjust" its business in the UK dependent on the outcome of Brexit. Colin Lawther said Nissan, which in October committed to building two new models at its Sunderland plant, would "constantly review" its decision in light of any major changes and the firm believed remaining in the customs union was vital. ...
Chemical giant Ineos to build heir to Land Rover Defender image
Source : Guardian [Read Article] Monday 13th of February 2017 09:36:50 AM
....”. However, industry analysts warned that Ineos faced stiff competition in the 4x4 market from Toyota, but also Jaguar Land Rover, which is repurposing old Defenders and intends to launch a new model in 2019. ...
UK electric vehicle boom drives new car sales to 12-year high image
Source : Guardian [Read Article] Monday 6th of February 2017 09:42:11 AM
.... However, he adopted a more upbeat tone than at the end of 2016, when he warned of a “challenging” 2017, with the weakness of the pound likely to increase the cost of imported parts, pushing up car prices. He said January’s numbers were “buoyed by a great range of new models which are safer and cleaner than ever before”. ...
System is ‘close to failure’ as PM’s council raises tax for social care image
....Though he says Maidenhead runs a tight financial ship and has no plans for a referendum (despite his belief that a majority of residents would support a tax increase), Coppinger regularly meets counterparts from Tory councils in the south-east and knows many wish “they could be as brave” as Surrey and go to the public. “We have to have a new model, say in two years’ time. ...
Apple posts record revenue thanks to holiday sales of iPhone 7 image
Source : Guardian [Read Article] Tuesday 31st of January 2017 10:10:00 PM
....Apple has struggled as iPhone sales have slipped in the face of fierce competition. The iPhone accounts for two-thirds of Apple’s sales and Apple said sales of the new model helped lift total iPhone shipments 5% to a record 78. ...
The UK’s economy is London-centric. Brexit is the chance to change that | Laurie Macfarlane image
....This could begin by taking control of the taxpayer-owned RBS and transforming it into a network of local banks, each with a public interest mandate to promote the local economy. By helping to create and retain wealth locally, a new model of banking would invest in disenfranchised communities and breathe new life into them. ...
How to break costs: Drive a hard bargain if changing your car image
Source : Daily Express [Read Article] Sunday 15th of January 2017 12:01:00 AM
....” Fuel efficiency, servicing fees and improved carbon emission credentials all help to cut the cost of running and insuring a new car. Pratt says you can secure price savings on brand new models, including showroom discounts and attractive finance deals: “Many new cars also come with a lengthy warranty, which will reduce maintenance costs for several years. ...
Economic forecasts are hardwired to get things wrong image
Source : Guardian [Read Article] Sunday 8th of January 2017 12:08:43 PM
.... EU external tariffs average only 3% and the Treasury forecasts take no account of movements in the exchange rate. The Cambridge paper estimates that the 15% drop in the value of sterling since the referendum would be enough to offset the impact of a 10% external tariff on cars, which perhaps explains why the government has been able to persuade Nissan to build a new model in Sunderland. ...
We name this ship Brexit Britain - yacht firms toast booming market image
Source : Guardian [Read Article] Friday 6th of January 2017 07:10:48 PM
....“There is a lot of overseas interest, particularly in bigger boats,” he said. “Our forward order book is fantastic, and we expect a very strong 2017 with seven new models to be launched. ...
UK car sales at record high in 2016 image
Source : BBC [Read Article] Thursday 5th of January 2017 07:45:28 AM
....69 million cars were registered last year, 2% higher than in 2015. The industry body said 2016's growth was due to "very strong" consumer confidence, low-interest finance deals and the launch of several new models. ...
CES 2017: Samsung and LG TVs battle to blend in image
Source : BBC [Read Article] Thursday 5th of January 2017 06:07:16 AM
....Samsung also unveiled a flagship set boasting greater brightness levels than before. Others, including Sony, also revealed new models. ...
British car industry body warns of sales downturn as uncertainty kicks in image
Source : Guardian [Read Article] Thursday 5th of January 2017 12:01:34 AM
.... With 80% of sales coming through such deals, Hawes said, vehicles had been affordable as long as interest rates were low. Hawes said the boom had also been driven by the raft of new models available and rapid changes in technology. ...
Ford Motors cancels $1.6bn Mexico plant image
Source : BBC [Read Article] Tuesday 3rd of January 2017 01:16:26 PM
....It makes the current version at its plant in Wayne in Michigan. Production at that facility will switch to two new models, which it says will safeguard 3,500 US jobs. ...
Life cycle image
Source : BBC [Read Article] Tuesday 3rd of January 2017 09:43:50 AM
.... Some were even passed down from one generation to the next. Now, however, people replace their phones when one part breaks or a new model is released. ...
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. ...
Autumn Statement: Big increase in borrowing predicted image
Source : BBC [Read Article] Wednesday 23rd of November 2016 01:29:37 PM
....At a news conference, OBR chief Robert Chote said that the government had provided all the information needed to make the forecast, but that when the Treasury had been asked if any assurances had been given to Nissan that could pose a risk to the forecast, it declined to say. Last month, Nissan announced that it would build two new models in Sunderland following government "support and assurances". ...
Volkswagen plans 30,000 job cuts worldwide image
Source : BBC [Read Article] Friday 18th of November 2016 09:39:10 AM
....It has 120,000 workers in Germany so the cuts represent a fifth of employees in its heartland. Volkswagen has pledged there will be no compulsory redundancies and the top staff representative in Germany, Bernd Osterloh, said the new models would be built there: "The next generation of electric vehicles will be made here in Germany, not abroad. ...
Bike prices could rise because of Brexit vote, says Halfords image
Source : Guardian [Read Article] Thursday 10th of November 2016 07:13:19 PM
.... We want price to be the last place we go,” she said. Rivals that do not have own-brand bikes would likely raise prices when new models arrive at stores in the spring, she said. ...
Trade options image
Source : BBC [Read Article] Monday 31st of October 2016 02:22:29 PM
....Exactly what sort of trade deal the UK negotiates with the European Union has been under the spotlight ever since the country voted for Brexit in June. It has again come under scrutiny after carmaker Nissan announced it would build two new models at its Sunderland plant having been given government "support and assurances". ...
Greg Clark: 'UK wants tariff-free trade for car makers' image
Source : BBC [Read Article] Sunday 30th of October 2016 01:29:42 PM
.... . Nissan recently announced plans to build two new models at its Sunderland plant. ...
Minister: 'No cheque book' for Nissan image
Source : BBC [Read Article] Friday 28th of October 2016 04:25:43 AM
....There was "no cheque book" involved in the assurances given to Nissan ahead of its decision to boost UK production, Business Secretary Greg Clark has said. The carmaker said it would build two new models at its Sunderland plant following talks with the government. ...
Whirlpool is just piling on the misery over safety recall image
Source : Guardian [Read Article] Monday 17th of October 2016 06:00:05 AM
.... However, it controversially did not issue a product recall, insisting that people may continue to use the affected dryers while they are waiting for them to be “modified” – provided the machines are not left unattended. It also offered owners the opportunity to buy a new model at a discounted price, so it is disappointing that those, like you, wanting to buy one were left in the lurch when it came to getting information about stock. ...
Samsung 'pauses Note 7 production', say media reports image
Source : BBC [Read Article] Monday 10th of October 2016 03:11:25 AM
....Samsung told the BBC it was "adjusting the production schedule to ensure quality and safety matters". The company has been forced to issue new models of the smartphone following complaints of faulty batteries. ...
Samsung Galaxy Note 7: Second 'safe' replacement catches fire image
Source : BBC [Read Article] Sunday 9th of October 2016 10:36:46 AM
.... . Samsung has been forced to issue new models of the smartphone following complaints of faulty batteries. ...
UK new car sales hit record high for September image
Source : Guardian [Read Article] Wednesday 5th of October 2016 12:45:42 PM
.... The top three best sellers were the Ford Fiesta, Vauxhall Corsa and Volkswagen Golf. Mike Hawes, chief executive of the SMMT, said, the 66 plate, new models featuring the latest technology and cheap financing deals had all helped to boost demand in September. ...
UK new car sales rise in September image
Source : BBC [Read Article] Wednesday 5th of October 2016 09:44:39 AM
.... . "The new 66-plate, combined with a diverse range of exciting new models featuring the latest technology, has certainly helped draw buyers into showrooms. ...
Ex-Tesla rival Fisker rejoins electric car race image
Source : BBC [Read Article] Wednesday 5th of October 2016 01:24:10 AM
. Tesla's former rival in pioneering electric cars, Henrik Fisker, has re-entered the electric car market announcing two new models. ...
Absent brands image
Source : BBC [Read Article] Tuesday 27th of September 2016 11:51:21 PM
.... . Traditionally, it provides an opportunity for manufacturers to wheel out their gleaming new models, indulge their engineers' flights of fancy by producing outlandish and futuristic concept cars, and generally bask in the media spotlight. ...
UK car production hits 14-year high for August image
Source : BBC [Read Article] Wednesday 21st of September 2016 11:03:41 PM
.... . Mr Hawes said: "British car producers are exporting a diverse range of high quality, attractive new models that are in demand across the world. ...
Work permits among Brexit options, home secretary says image
Source : BBC [Read Article] Sunday 11th of September 2016 10:24:08 AM
....Asked about a possible trade-off between curbing the free movement of people and being allowed access to the EU's single market, Ms Rudd said the UK will have "complete control" over numbers once it leaves the EU, "with one or two provisos". The new model "has got to be reciprocal", she said. ...
Apple expected to unveil new iPhone 7 image
Source : BBC [Read Article] Wednesday 7th of September 2016 02:03:13 AM
.... . While the new models will be revealed to the world at the launch, consumers will have to wait a few weeks before they are shipped. ...
Looming Brexit headache for Nissan’s Sunderland plant image
Source : BBC [Read Article] Tuesday 9th of August 2016 08:59:42 PM
....Bidding is expected towards the end of next year or in early 2018 for the latest model of the Qashqai, Nissan's popular "crossover" vehicle. The new model would be slated for launch in 2020. ...
Growth in new UK car sales slows in July image
Source : Guardian [Read Article] Thursday 4th of August 2016 10:03:57 AM
....Samuel Tombs, the chief UK economist at Pantheon Macroeconomics, agreed: “Uncertainty about the economic outlook is making consumers cautious to purchase big-ticket discretionary items,” he said. Hawes, however, said he was still confident that car buyers could be tempted: “With low interest rates, attractive finance options and exciting new models coming to the showrooms, the market still has lots to offer customers. ...

French PM considers temporary ban on foreign-funded mosques
 image
Source : Telegraph [Read Article] Friday 29th of July 2016 11:24:01 AM
....The Socialist prime minister told Le Monde newspaper he was "open to the idea that - for a period yet to be determined - there should be no financing from abroad for the construction of mosques" in France. He also called for imams to be "trained in France, not elsewhere," and said Bernard Cazeneuve, the interior minister whose portfolio includes religious affairs, was working on building a "new model" for France's relations with Islam. ...

Liam Fox may be a virtual minister – but he's vital to Britain's future success
 image
.... We will need core expertise, but should use plenty of outsiders to keep up connections with the world of business. This could be a new model department for Whitehall, setting a path that others could follow. ...
The price is right. How much should you charge for your product or service? image
....“Our sales and profile have since surged, creating the sustainability to allow future price increases such as when we extend the range this summer,” says Bauer. The couple will increase their prices for their new models in the next couple of months. ...
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
....JLR sold 521,571 cars in the year to the end of March, a 13% rise on the previous 12-month period. The increase, boosted by the popularity of new models such as the Jaguar XE, delivered a £342m rise in revenues to £22. ...
London taxi-maker raises $400m to develop greener cabs image
Source : Guardian [Read Article] Friday 20th of May 2016 01:30:35 PM
....It expects the first of the hybrid TX5 cabs, modelled on the classic 1958 FX5 built by Austin, to be ready for sale by the end of next year. The new model was first unveiled by China’s president, Xi Jinping, during his state visit to the UK last October. ...
Departed Volkswagen boss Martin Winterkorn gets £13m pay package image
Source : Guardian [Read Article] Thursday 28th of April 2016 12:35:05 PM
....”. He added that VW would make a big push into electric cars, with 20 new models to be unveiled by 2020. ...
Flexible fitness taps into on demand trend among millennials image
Source : Guardian [Read Article] Monday 25th of April 2016 06:00:38 AM
....”. From clean kits to a new model for the fitness events market on the horizon, it’s clear that the forward-thinking Ward and Harmsworth have the mindsets to continue to push above their weight in a sector that shows no sign of slowing down. ...
Diesel cars' emissions far higher on road than in lab, tests show image
Source : Guardian [Read Article] Thursday 21st of April 2016 04:14:24 PM
....When driven in a real-world simulation of urban, rural and motorway travel, the average was nearer to 500mg/km, with some cars getting close to 1,100mg/km. Among the new models tested that are meant to comply with the Euro 6 standard were the Ford Focus, which had a real-world emission about eight times above the EU limit, the Renault Megane, whose emissions were more than 10 times higher, and the Vauxhall Insignia, almost 10 times higher. ...
Given the facts the UK should stay in the EU image
Source : Guardian [Read Article] Thursday 21st of April 2016 09:17:24 AM
.... Another possibility would be to go it alone in the World Trade Organisation. Or Britain could create an entirely new model for itself. ...
UK records highest monthly car sales in almost 20 years image
Source : Guardian [Read Article] Wednesday 6th of April 2016 11:46:20 AM
....New technology was also driving sales, Hawes said. “There are a few new models out there, which tend to be more fuel efficient. ...
Fast cars and education create hope of revival in Welsh valleys image
Source : Guardian [Read Article] Saturday 26th of March 2016 04:00:31 PM
.... Last week Aston Martin announced that its recruitment drive, for the first 750 workers who will build its new DBX crossover model at St Athan in the Vale of Glamorgan, would take place at the end of this month. Perhaps even more pertinently for those teenagers taking engineering courses at the Learning Zone, another sports car marque, TVR, said that it would make its new model in Ebbw Vale. ...
TVR to create 150 jobs in Ebbw Vale image
Source : BBC [Read Article] Tuesday 22nd of March 2016 11:15:33 AM
....New owners, who bought the British brand three years ago, will start production next year. The company has a 10-year plan, including four new models, and will begin making a few hundred cars a year. ...
Apple announces iPhone SE: a smaller, cheaper smartphone image
Source : Guardian [Read Article] Monday 21st of March 2016 10:43:31 PM
.... In the past the company has used older models of the iPhone, maintaining the 2012 iPhone 4S for sale until the release of the iPhone 6 in 2014, and previous models before that. But selling older smartphones concurrently with new models has added to the company’s burden to maintain smartphone updates for longer, which it typically does for at least three years after release. ...
Danger dryers in 11-month repair wait image
Source : BBC [Read Article] Friday 11th of March 2016 12:00:00 AM
...."The dryer is in the garage, so am I supposed to sit out there when it is on?". He argued that people should be given a free replacement, rather than money off a new model which is being offered by the company - a move he described as "turning a crisis into an opportunity". ...
China's smog-choked steel city readies for six-month flower show shutdown image
....A promotional video boasts that the expo will highlight the “harmonious coexistence between human and nature”. Visitors will witness Tangshan’s attempts to transform itself into “a new model of the times” as well as “a comprehensive beautiful coastal city with prosperity and harmony”. ...
UK company to introduce 'period policy' for female staff image
Source : Guardian [Read Article] Wednesday 2nd of March 2016 10:40:50 AM
....”. She says her seminar will “present a radically new model of the menstrual cycle as an asset for your entire organisation”. ...
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McLaren unveils £1bn investment plan image
Source : BBC [Read Article] Tuesday 1st of March 2016 07:03:55 PM
. McLaren Automotive, part of the F1 group, has unveiled a £1bn expansion plan to produce up to 15 new models and recruit 500 staff. ...
7 things we learned about healthcare and the circular economy image
Source : Guardian [Read Article] Wednesday 24th of February 2016 05:00:30 AM
....Health systems do not respond to innovation for the sake of innovation, but if you can show them the path to $1m in cost savings, you will generally get an audience. Hammond is optimistic that new models have a chance to take hold as hospitals look to ways of working that they might not have considered when finances were stronger. ...
Scott Morrison's response to Labor's negative gearing plan is truly disturbing | Greg Jericho image
....Even so-called “limited editions” are basically limited to as many as the dealer can sell. Cars’ engines are finite – they don’t run forever, thus a newer car has greater value – and each year a new model comes out with better fuel efficiency, better handling, and updated styling. ...
EPA asks Volkswagen to make electric cars in US – report image
Source : Guardian [Read Article] Sunday 21st of February 2016 02:21:25 PM
....Some of Volkswagen’s cars already feature electric or hybrid motors. It was not clear from Welt am Sonntag’s report whether the EPA was asking VW to produce new models or existing ones. ...
Kanye West could pay off his $53m debt by seeking donations on a smaller scale image
.... You’ve backed Tidal, with Life of Pablo. Maybe it’s worth gambling on a new model? It can’t turn out any worse than firing off tweets at Mark Zuckerberg, who, after all, doesn’t even have a Twitter account. ...
What do you mean we need a new cooker? We only got it in 1963 image
Source : Guardian [Read Article] Saturday 20th of February 2016 07:00:41 AM
....“The whisk was bought at a time when my grandfather’s pharmacy started to do well and their suburban home suddenly became full of 1960s gadgets. “There are plenty of flash new models that would probably get the job done in half the time, with a lot less noise. ...
Supporting local markets to grow: the power of Promova image
Source : Guardian [Read Article] Friday 12th of February 2016 04:22:14 PM
.... The team has continued working in cooperation with global supplier Komatsu, local bank Itau and corporate dining organisation SAPORE. The result is more than 1000 jobs supported and the estimation is that with the new model, Promova could save up to $1,000 (£687) per job supported going forward. ...
Burberry to sell styles straight from catwalk in fashion shakeup image
Source : Guardian [Read Article] Friday 5th of February 2016 04:32:19 PM
....”. But while this new model makes sense for a global brand such as Burberry, with inhouse manufacturing and a pre-tax profit of £456m in 2015, smaller brands will be in a difficult position, said Mower, because they need that period of time to work on the production that turns the prototypes on the catwalk to the clothes in the shops. ...
Smith & Nephew eyes acquisitions image
Source : Telegraph [Read Article] Thursday 4th of February 2016 05:06:54 PM
.... . Olivier Bohuon said a new version of the company's Journey knee replacement technology will launch in the US this year, alongside a new model of its Renasys wound care product. ...
VW loses out as new car sales accelerate again image
Source : Telegraph [Read Article] Thursday 4th of February 2016 01:30:48 PM
.... . However, shares in the company fell 5pc, after it warned of slower growth in China as the world's largest car market cools, lower demand for its truck-making business and investment in new models holding back its performance. ...
Last Land Rover Defender rolls off production line image
Source : Guardian [Read Article] Friday 29th of January 2016 10:17:39 AM
.... Virginia McKenna, who played Joy Adamson, was involved in making the auctioned Defender. Jaguar Land Rover will produce a new model bearing the Defender name in the next couple of years but it will sit among the modern 4x4s without the distinctive features that link it to Wilks’s great utilitarian creation. ...

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