Brexit Ralf Speth says he cannot be sure any UK plants will continue to operate after Brexit Jaguar Land Rover’s chief executive said under current estimates a hard Brexit would cost the firm £1.2bn a year. Photograph: Oli Scarff/Getty Images Britain’s biggest car manufacturer, Jaguar Land Rover, has launched a blistering attack on Theresa May’s… Continue reading ‘Tens of thousands’ of jobs at risk, Jaguar Land Rover boss tells PM
Author: The Guardian Online News
Aston Martin names first female chair as it prepares for £5bn float
Automotive industry Carmaker appoints Penny Hughes and a string of other City heavyweights to board Aston Martin’s DB11 model has been a sales success. Photograph: Dominic Fraser/Aston Martin Aston Martin has appointed Penny Hughes, a former Coca-Cola executive, as its chair as the luxury carmaker prepares for a £5bn stock market flotation. Andy Palmer, the… Continue reading Aston Martin names first female chair as it prepares for £5bn float
Michel Barnier says he strongly opposes May’s Brexit trade proposals
Brexit EU negotiator also suggests European carmakers will have to use fewer British-made parts Michael Barnier said the British offer on customs was illegal and the ‘common rulebook’ idea would kill the European project. Photograph: Anadolu Agency/Getty Images Michel Barnier has said he is “strongly opposed” to the prime minister’s Chequers proposals on future trade,… Continue reading Michel Barnier says he strongly opposes May’s Brexit trade proposals
Ban diesel cars from cities, say half of UK drivers in poll
Air pollution Almost three-quarters of motorists also think toxic air in their area is damaging their health Sales of diesel vehicles are plummeting in the UK. Photograph: Martin Meissner/AP More than half of UK motorists think diesel cars should be banned from urban areas due to air pollution concerns, according to a new opinion poll.… Continue reading Ban diesel cars from cities, say half of UK drivers in poll
Anti-pollution activists stage protest at Volkswagen’s UK headquarters
Air pollution Campaigners and doctors set up ‘sick bays’ to highlight diesel emissions health risks Greenpeace air pollution campaigners and medical professionals have blocked Volkswagen staff from entering the company’s head office in Milton Keynes. Photograph: Chris J Ratcliffe/Greenpeace Doctors and anti-pollution activists have blockaded the UK headquarters of Volkswagen as the campaign to highlight… Continue reading Anti-pollution activists stage protest at Volkswagen’s UK headquarters
Elon Musk grumbles at short-sellers, but is private ownership right for Tesla? | Nils Pratley
Nils Pratley on finance Elon Musk Elon Musk grumbles at short-sellers, but is private ownership right for Tesla? Nils Pratley A buy-out could be done, but may not be the paradise the entrepreneur imagines Elon Musk of Tesla Motors. Photograph: Toru Hanai/Reuters Tesla’s Elon Musk isn’t the first chief executive to be infuriated by short-sellers,… Continue reading Elon Musk grumbles at short-sellers, but is private ownership right for Tesla? | Nils Pratley
Elon Musk: the volatile visionary at risk of steering Tesla off the road
Elon Musk Electric car firm has hit trouble, and Musk – who has a knack of making enemies – must explain to investors what is going on Elon Musk with his girlfriend Grimes at the Met Gala in May. On Wednesday Musk must once more explain to investors what is going on at Tesla. Photograph:… Continue reading Elon Musk: the volatile visionary at risk of steering Tesla off the road
VW fined €1bn by German prosecutors over diesel scandal
Volkswagen (VW) Carmaker says it will not appeal and hopes fine is major step towards ending crisis The Volkswagen head office in Wolfsburg, Germany. Photograph: Sean Gallup/Getty Images Volkswagen has been fined €1bn (£880m) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by German authorities against a company.… Continue reading VW fined €1bn by German prosecutors over diesel scandal
Sales of hybrid cars soar as diesels plunge by nearly a quarter
Automotive industry Drivers continue to shun diesel in the face of environmental and tax concerns Sales of plug-in hybrid cars such as the Mitsubishi Outlander PHEV rose by nearly three-quarters in May. Photograph: Alamy Sales of plug-in hybrid cars soared by nearly three-quarters year on year in May, dramatically outstripping the 3.4% overall growth in… Continue reading Sales of hybrid cars soar as diesels plunge by nearly a quarter
Whatever happened to that $35,000 Tesla Model 3 you still can’t buy?
Tesla As tax credits threaten to run out and more powerful and expensive versions launch, buyers are still waiting Tesla’s Model 3 … has Elon Musk bitten off more than he can chew? Photograph: Tesla This week saw Tesla’s enigmatic chief executive Elon Musk take to Twitter to announce two more powerful, and more expensive,… Continue reading Whatever happened to that $35,000 Tesla Model 3 you still can’t buy?