Automotive industry Finance minister seeks guarantee no French factories will close before any deal is agreed The French finance minister, Bruno Le Maire, wants the chair of Renault to obtain a guarantee from Fiat for workers in France. Photograph: Benoît Tessier/Reuters France’s finance minister has demanded that no factories in the country shut and that… Continue reading France says planned Renault-Fiat merger must protect jobs
Author: The Guardian Online News
Fiat Chrysler proposes merger with Renault to reshape car industry
Automotive industry Deal would create world’s third-largest automaker and ‘save €5bn a year’ by sharing research The Italian-American firm Fiat Chrysler is big in the US and SUV markets, while France’s Renault is stronger in Europe and on electric vehicle developments. Photograph: Toms Kalniņš/EPA Fiat Chrysler has proposed a merger with France’s Renault that would… Continue reading Fiat Chrysler proposes merger with Renault to reshape car industry
Fiat Chrysler and Renault expected to announce tie-up talks
Fiat Chrysler Renault board reportedly plans to go public with partnership after a meeting on Monday morning Any tie-up between the two companies would be likely to face political and workforce hurdles, particularly in Italy Photograph: Marco Bertorello/AFP/Getty Images Fiat Chrysler and Renault are expected to announce on Monday that they are in talks on… Continue reading Fiat Chrysler and Renault expected to announce tie-up talks
VW’s aftersales service fails over a faulty new car
Consumer champions Money It broke down on the day of purchase and then overheated on the M25 Badge of dishonour? VW’s aftersales service was found lacking by one reader. Photograph: Ronny Hartmann/AFP/Getty Images A month ago I bought a new Volkswagen Polo, which has broken down twice. The first time was on the day of… Continue reading VW’s aftersales service fails over a faulty new car
Ford to cut 7,000 jobs including more than 500 in UK
Ford US carmaker announces plans to reduce global workforce by 10% by the end of August A Ford Mustang at the London Motor Show last week. Photograph: Velar Grant/Zuma Wire/Rex/Shutterstock Ford is to cut at least 7,000 jobs, including about 550 in the UK, as it presses ahead with plans to reduce costs in Europe… Continue reading Ford to cut 7,000 jobs including more than 500 in UK
Jaguar Land Rover reports record £3.6bn loss
Jaguar Land Rover Britain’s largest carmaker hit by weak Chinese market and falling diesel sales Vehicles are checked at the Jaguar Land Rover factory in Solihull. Photograph: Leon Neal/Getty Images Jaguar Land Rover suffered the largest loss in its history last year, sinking £3.6bn into the red as it wrestled with a weak Chinese market,… Continue reading Jaguar Land Rover reports record £3.6bn loss
Electric ‘flying taxi’ prototype unveiled by German start-up
Aeronautics Lilium says electric jet-powered five-seater aircraft could be in service by 2025 Play Video 0:29 Watch the ‘world’s first all-electric five-seater air taxi’ take off – video A new “flying taxi” has been unveiled by German start-up Lilium, which claims the vertical take-off craft could be the basis for an on-demand air service within… Continue reading Electric ‘flying taxi’ prototype unveiled by German start-up
Jaguar Land Rover CEO denies holding talks over sale to Peugeot
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
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