No-deal Brexit must be avoided at all costs, says Toyota president

Brexit Akio Toyoda says apprehension is growing as Brexit negotiations continue Cars on the production line at a Toyota factory in Japan. Toyota’s plant in Burnaston, Derbyshire, employs 2,500 people. Photograph: Bloomberg via Getty Images The president of Toyota has said a no-deal Brexit should be avoided “at all costs”, in the latest intervention by… Continue reading No-deal Brexit must be avoided at all costs, says Toyota president

MPs call for ban on petrol and diesel car sales by 2032

Automotive industry UK risks falling behind global switch to electric vehicles with ‘unambitious’ target of 2040, says committee Scotland has set 2032 as its own target for banning the sale of fossil fuel-powered vans and cars. Photograph: Danny Lawson/PA MPs have urged ministers to bring forward their ban on new petrol and diesel car sales… Continue reading MPs call for ban on petrol and diesel car sales by 2032

Ford U-turn: no-deal Brexit could force carmaker to reconsider UK plans

Ford Change of heart comes as AstraZeneca and Nissan also sound alarm about hard Brexit Ford’s Bridgend plant. Photograph: Dimitrios Legakis for the Guardian The US carmaker Ford has described a no-deal Brexit as a “red line” that would force it to reconsider the scale of its presence in Britain in a dramatic reversal of… Continue reading Ford U-turn: no-deal Brexit could force carmaker to reconsider UK plans

Man who got swagger back for Aston Martin is ready for long game

Aston Martin Despite carmaker’s disappointing stock market debut, Andy Palmer says investors feel ‘pretty good’ Andy Palmer, the CEO of Aston Martin, says his hardest day at the luxury carmaker ‘was in 2015, when I had to make 400 people redundant’. Photograph: Sarah Lee for the Guardian Andy Palmer has written himself into the history… Continue reading Man who got swagger back for Aston Martin is ready for long game

Bumper to slumper: New emissions tests choke UK car sales

Automotive industry New car registrations drop 20% in September amid Brexit uncertainty, new testing rules, and diesel decline Sales in people carriers and sports cars dropped by more than half compared to last year, with Volkswagen the hardest hit manufacturer. Photograph: Paul Ellis/AFP/Getty Images UK sales of new cars plunged by a fifth in September… Continue reading Bumper to slumper: New emissions tests choke UK car sales

Nissan becomes latest manufacturer to warn against hard Brexit

Nissan Carmaker says success of Sunderland operations enabled by frictionless trade with EU Nissan’s manufacturing plant in Sunderland is Britain’s biggest car factory and employs over 8,000 people. Photograph: Owen Humphreys/PA The Japanese carmaker Nissan has warned the government that serious disruption will be caused to its huge manufacturing operation in the north-east of England… Continue reading Nissan becomes latest manufacturer to warn against hard Brexit

Aston Martin IPO disappoints as luxury carmaker’s value falls

Aston Martin Share debut puts value of James Bond car marque at lower end of spectrum as sale tests investor appetite for UK firms Aston Martins outside the London Stock Exchange on Wednesday. Photograph: Tolga Akmen/AFP/Getty Images Aston Martin has made a disappointing stock market debut, with shares in the luxury carmaker dipping as low… Continue reading Aston Martin IPO disappoints as luxury carmaker’s value falls

Toyota says hard Brexit would halt UK plant as BMW warns over Mini

Automotive industry Bosses of Jaguar Land Rover, Peugeot and Daimler also voice concerns at Paris Motor Show About 90% of the cars made at Toyota’s Burnaston plant in Derbyshire are exported to Europe Photograph: David Jones/PA Toyota would be forced to halt car production in the UK and BMW could shift production of the Mini… Continue reading Toyota says hard Brexit would halt UK plant as BMW warns over Mini

No-deal Brexit ‘could halt production at UK Toyota plants’

Brexit Boss of carmaker’s Derbyshire plant says production could be disrupted for ‘hours, days, weeks – even months’ The Burnaston plant in south Derbyshire is one of nine Toyota in the country and is the home of the Auris and the Avensis. Photograph: Bloomberg/Bloomberg via Getty Images Toyota has said that production at its UK… Continue reading No-deal Brexit ‘could halt production at UK Toyota plants’

Aston Martin unveils details of £5.1bn flotation

Luxury goods sector James Bond’s favourite carmaker to float a quarter of stock – nearly 57m shares An employee polishes the bodywork of an Aston Martin DB11. The company aims to exploit the success of Ferrari’s listing to lure investors Photograph: Bloomberg/Bloomberg via Getty Images Aston Martin has unveiled the details of its planned stock… Continue reading Aston Martin unveils details of £5.1bn flotation