Aston Martin Aston Martin: uncertain fate awaits James Bond’s favourite carmaker With share prices at record low, luxury carmaker faces struggle to realise ambitious ‘second century plan’ Sean Connery poses as James Bond next to his Aston Martin in Goldfinger. Photograph: Donaldson Collection/Getty Images The Aston Martin Lagonda chief executive, Andy Palmer, clearly had his… Continue reading Aston Martin: uncertain fate awaits James Bond’s favourite carmaker
Author: The Guardian Online News
James Bond Aston Martin DB5 sold at auction for £5.2m
James Bond Car was once owned by JCB billionaire and Tory party donor Lord Bamford The Aston Martin DB5 sold at the world’s biggest classic car auction in California. Photograph: Stuart Harling/Alamy An Aston Martin DB5 used to promote the James Bond film Thunderball has sold for $6.4m (£5.2m) at the world’s biggest classic car… Continue reading James Bond Aston Martin DB5 sold at auction for £5.2m
Aston Martin shares plummet to record low
Aston Martin Luxury carmaker worth a fraction of its £19 a share October 2018 listing price Aston Martin downgraded sales forecasts from 7,250 cars to 6,400 in 2019. Photograph: Buzz Pictures/Alamy Shares in Aston Martin Lagonda tumbled to a new low as pressure continued to mount on the British luxury carmaker amid a broader market… Continue reading Aston Martin shares plummet to record low
BMW boss urges Boris Johnson to abandon no-deal Brexit
BMW German carmaker’s CEO offers to travel to London to deliver message to PM saying ‘listen to business’ The new MINI electric car at the group plant in Cowley, near Oxford. BMW says a no-deal Brexit risks the jobs of the factory’s 4,500 staff. Photograph: Tolga Akmen/AFP/Getty Images The boss of BMW has urged Boris… Continue reading BMW boss urges Boris Johnson to abandon no-deal Brexit
Nissan to axe 12,500 jobs worldwide but Sunderland appears safe
Nissan Firm refuses to say where cuts will fall but unions are hopeful for UK’s largest car plant The Nissan car plant at Sunderland, north-east England Photograph: Christopher Furlong/Getty Images Nissan has announced it will cut 12,500 jobs globally over the next three years but the Sunderland plant appears to have escaped any further losses.… Continue reading Nissan to axe 12,500 jobs worldwide but Sunderland appears safe
Aston Martin shares plunge after slump in sales across Europe
Aston Martin Manufacturer hit by a 22% fall in sales to UK car dealers in the second quarter Aston Martin signalled job cuts could be ahead, saying it will ‘take immediate actions to improve efficiency and reduce our fixed cost base’. Photograph: Dominic Fraser/Aston Martin Aston Martin’s share price plunged more than 20% after the… Continue reading Aston Martin shares plunge after slump in sales across Europe
Nissan refuses government request on Qashqai emissions
Air pollution Manufacturer told DVSA it would not retrofit polluting vehicles, despite other firms agreeing to modifications Nissan Qashqais on the production line at the company’s Sunderland plant. Photograph: Christopher Thomond/The Guardian Nissan’s decision to ignore a government request for emissions modifications to thousands of polluting cars has been branded a scandal by environmental campaigners.… Continue reading Nissan refuses government request on Qashqai emissions
Volvo recalls more than 500,000 cars worldwide over fire risk
Volvo Almost 70,000 vehicles in the UK are affected by problem with plastic part in engine Certain Volvo diesel models built between 2014 and 2019 are affected by the engine problem. Photograph: Benjamin Gorczyca/PA More than 500,000 Volvo cars are being recalled worldwide, including 70,000 in the UK, because of a fire risk in the… Continue reading Volvo recalls more than 500,000 cars worldwide over fire risk
BMW moves some engine production out of UK over Brexit fears
BMW Manufacturing of engines destined for South Africa plant is switched to Germany Engine production at BMW’s Hams Hall plant near Birmingham in 2015. Photograph: BMW press office BMW has moved some of its engine production out of the UK because of Brexit uncertainty. The carmaker said it had switched manufacturing of engines destined for… Continue reading BMW moves some engine production out of UK over Brexit fears
BMW unveils electric Mini as it charges into new era
BMW New model will have list price of £24,400, with first deliveries expected in early 2020 The Mini Electric is unveiled at the BMW factory in Cowley, Oxfordshire. Photograph: Jacob King/PA Six decades after the original Mini first rolled off the production line in Oxford, its owner BMW has unveiled a new electric version it… Continue reading BMW unveils electric Mini as it charges into new era