Jaguar Land Rover Ralf Speth says he did not discuss possible tie-up with head of France’s PSA Group Jaguar Land Rover could use a partnership with a bigger company to fund electrifying its vehicle range. Photograph: Handout/Getty Images Jaguar Land Rover’s chief executive has denied the carmaker is in talks with Peugeot over a possible… Continue reading Jaguar Land Rover CEO denies holding talks over sale to Peugeot
Author: The Guardian Online News
Bond fans look forward to driving Goldfinger Aston Martin
Aston Martin DB5 from Goldfinger film will feature battering rams, retractable bulletproof glass and ability to produce oil slicks Aston Martin is producing 25 new Goldfinger DB5s. Photograph: Max Earey/Aston Martin If they’re rich enough, James Bond fans will soon be able to live out their fantasies of driving 007’s Aston Martin DB5, the one… Continue reading Bond fans look forward to driving Goldfinger Aston Martin
Honda says it will close Swindon plant in 2021, ending workers’ hopes
Honda Efforts by government and union fail to prevent factory closure, with loss of 3,500 jobs Cars leaving the Honda plant in Swindon. Photograph: Eddie Keogh/Reuters Honda has confirmed it will close its Swindon factory in 2021, ending any hopes that the jobs of 3,500 employees can be saved. The Japanese carmaker first announced plans… Continue reading Honda says it will close Swindon plant in 2021, ending workers’ hopes
Dyson patents reveal plans for an electric car with off-road potential
Dyson Ltd Innovative vehicle, which is being designed in England, is due to go on sale in 2021 Electric Dyson will be aimed at the Asian market initially and will be built in Singapore. Photograph: Charlie Box/Dyson The first drafts of Dyson’s closely guarded electric car designs have emerged, showing a vehicle with unusual proportions… Continue reading Dyson patents reveal plans for an electric car with off-road potential
Formula E losses reach £140m as green racing attracts fresh interest
Automotive industry New teams and sponsors take heart as number of spectators more than doubles in a year Briton Alex Lynn races the Jaguar I-Type 3 in the Formula E Championship race in Paris this year. Photograph: Handout/Getty Images Formula E, the electric-powered racing series, has revealed that its pretax loss widened by 26.7% to… Continue reading Formula E losses reach £140m as green racing attracts fresh interest
New Land Rover Defender to be built in Slovakia, not the UK
Jaguar Land Rover Next model to be assembled at Nitra plant, after JLR ended production in Solihull in 2016 A camouflage-patterned prototype of the new Land Rover Defender model has been in testing. Photograph: Nick Dimbleby/Land Rover The new version of the Land Rover Defender will be built in Slovakia rather than the UK, its… Continue reading New Land Rover Defender to be built in Slovakia, not the UK
Jaguar Land Rover ponders bid for minicab firm Addison Lee
Jaguar Land Rover Future growth in driverless vehicles and shared ownership spurs UK’s biggest carmaker The Carlyle Group has put Addison Lee up for sale and hopes to make more than £300m. Photograph: Felix Clay/The Guardian Britain’s biggest carmaker, Jaguar Land Rover, has emerged as a potential contender to buy the private hire firm Addison… Continue reading Jaguar Land Rover ponders bid for minicab firm Addison Lee
Mercedes production delays push Daimler’s quarterly profits down by 16%
Automotive industry Sales of Mercedes-Benz cars fell 7%, partly because of manufacturing bottlenecks Mercedes-Benz sales in China fell 3%. Photograph: AFP/Getty Images Daimler’s quarterly operating profit has fallen by 16% as a €718m (£620m) one-off gain failed to offset the impact of falling sales in China and production delays at three Mercedes-Benz factories. Sales of… Continue reading Mercedes production delays push Daimler’s quarterly profits down by 16%
Former Nissan boss Carlos Ghosn hit with fresh charge in Japan
Carlos Ghosn Prosecutors file fourth formal indictment for allegedly siphoning company funds for personal use Carlos Ghosn earlier this month. He will remain in custody pending another bail attempt. Photograph: Mizuki Ikari/AP Japanese prosecutors have charged the former Nissan chairman Carlos Ghosn with aggravated breach of trust, a Tokyo court said, bringing a fourth charge… Continue reading Former Nissan boss Carlos Ghosn hit with fresh charge in Japan
Car dealer Pendragon slumps to loss after having to drop prices
Pendragon Nottingham-based company’s new CEO will decide whether to continue with five-year plan Pendragon made a loss before tax of £2.8m in the first three months of the year, about £10m below where it expected to be. Photograph: Gareth Fuller/PA Pendragon, one of Britain’s biggest car dealers, has slumped to a loss in the first… Continue reading Car dealer Pendragon slumps to loss after having to drop prices