Rachel Reeves urged supreme court judges to avoid handing ‘windfall’ compensation to borrowers. Photograph: Yui Mok/PA View image in fullscreen Rachel Reeves urged supreme court judges to avoid handing ‘windfall’ compensation to borrowers. Photograph: Yui Mok/PA Chancellor’s attempt to intervene in car finance scandal branded ‘disgraceful’ Defending industry over consumers sends ‘really bad message’, says… Continue reading Chancellor’s attempt to intervene in car finance scandal branded ‘disgraceful’
Author: The Guardian Online News
Jury orders Tesla to pay more than $200m to plaintiffs in deadly 2019 Autopilot crash
A Tesla dealership in Austin, Texas, last week. Photograph: Brandon Bell/Getty Images View image in fullscreen A Tesla dealership in Austin, Texas, last week. Photograph: Brandon Bell/Getty Images Jury orders Tesla to pay more than $200m to plaintiffs in deadly 2019 Autopilot crash Case opens door to other costly lawsuits after jury held that the… Continue reading Jury orders Tesla to pay more than $200m to plaintiffs in deadly 2019 Autopilot crash
Car loan scandal: what the supreme court ruling means for UK motorists
The appeal court ruling of October 2024 shocked lenders, ruling they could be liable for up to £44bn in compensation. Photograph: Paul Dennis/TGS Photo/Rex/Shutterstock View image in fullscreen The appeal court ruling of October 2024 shocked lenders, ruling they could be liable for up to £44bn in compensation. Photograph: Paul Dennis/TGS Photo/Rex/Shutterstock Explainer Car loan… Continue reading Car loan scandal: what the supreme court ruling means for UK motorists
Blow for consumers as supreme court hands partial win to car finance firms over loans
The door is still open to a more limited compensation scheme being considered by the FCA Photograph: Peter Cade/Getty Images View image in fullscreen The door is still open to a more limited compensation scheme being considered by the FCA Photograph: Peter Cade/Getty Images Blow for consumers as supreme court hands partial win to car… Continue reading Blow for consumers as supreme court hands partial win to car finance firms over loans
Thousands of cars held in Belgian port amid US tariff uncertainty – video
0:38 Thousands of cars held in Belgian port amid US tariff uncertainty – video Zeebrugge port turned into giant car park as US tariff uncertainty grows – video Explore more on these topics Trump tariffs Automotive industry Belgium European Union International trade Tariffs Europe Go to Source
Mercedes-Benz and Porsche flag €800m in combined costs from Trump tariffs – business live
03.01 EDT Mercedes-Benz, Porsche and Aston Martin count steep cost of US tariffs Good morning, and welcome to our live coverage of business, economics and financial markets. Car companies around the world are laying out the cost of Donald Trump’s trade war, with Mercedes-Benz saying tariffs will cost it €362m (£313m) while German sportscar maker Porsche… Continue reading Mercedes-Benz and Porsche flag €800m in combined costs from Trump tariffs – business live
Musk hails $16.5bn Samsung deal to supply Tesla with AI chips
A Tesla robotaxi in Austin, Texas. Samsung’s Taylor plant, where the artificial intelligence chip will be made, is near to the Texan state capital. Photograph: Joel Angel Juarez/Reuters View image in fullscreen A Tesla robotaxi in Austin, Texas. Samsung’s Taylor plant, where the artificial intelligence chip will be made, is near to the Texan state… Continue reading Musk hails $16.5bn Samsung deal to supply Tesla with AI chips
‘Terrible fuel efficiency, no right-hand drive’: why trade deal won’t warm up Japan to American cars
A US car dealer in Fukaya, Japan. America’s vehicular behemoths are ill-suited to Japan’s narrow roads and tight parking spaces Photograph: Philip Fong/AFP/Getty Images View image in fullscreen A US car dealer in Fukaya, Japan. America’s vehicular behemoths are ill-suited to Japan’s narrow roads and tight parking spaces Photograph: Philip Fong/AFP/Getty Images ‘Terrible fuel efficiency,… Continue reading ‘Terrible fuel efficiency, no right-hand drive’: why trade deal won’t warm up Japan to American cars
Volkswagen takes €1.3bn hit from ‘high costs’ of Trump tariffs
A Volkswagen storage tower in Wolfsburg, Germany. Photograph: Liesa Johannssen/Reuters View image in fullscreen A Volkswagen storage tower in Wolfsburg, Germany. Photograph: Liesa Johannssen/Reuters Volkswagen takes €1.3bn hit from ‘high costs’ of Trump tariffs Manufacturer cuts profit margin range for year as German car exports to US fall sharply Business live -latest updates The German… Continue reading Volkswagen takes €1.3bn hit from ‘high costs’ of Trump tariffs
UK car manufacturing slumps to lowest level since 1953 barring Covid
Mini Coopers on the production line at the BMW factory at Cowley in Oxford. Photograph: Joe Giddens/PA View image in fullscreen Mini Coopers on the production line at the BMW factory at Cowley in Oxford. Photograph: Joe Giddens/PA UK car manufacturing slumps to lowest level since 1953 barring Covid New vehicles declined 12% in first… Continue reading UK car manufacturing slumps to lowest level since 1953 barring Covid