More tariffs, less red tape: what Trump will mean for key global industries

Donald Trump campaiging with steelworkers in Latrobe, Pennsylvania. Trump has threatened tariffs of at least 10% on all goods imports. Photograph: Brian Snyder/Reuters View image in fullscreen Donald Trump campaiging with steelworkers in Latrobe, Pennsylvania. Trump has threatened tariffs of at least 10% on all goods imports. Photograph: Brian Snyder/Reuters Explainer More tariffs, less red… Continue reading More tariffs, less red tape: what Trump will mean for key global industries

German carmakers’ shares slump on fear Trump will impose steep tariffs

Workers inspect a vehicle’s finish at BMW’s factory in Munich, Germany. Photograph: Leonhard Simon/Getty Images View image in fullscreen Workers inspect a vehicle’s finish at BMW’s factory in Munich, Germany. Photograph: Leonhard Simon/Getty Images German carmakers’ shares slump on fear Trump will impose steep tariffs Move would create yet another challenge for European carmakers already… Continue reading German carmakers’ shares slump on fear Trump will impose steep tariffs

Electric car sales grow in UK despite decline in overall vehicle market

Manufacturers must sell an increasing proportion of EVs every year under the UK’s zero emission vehicle (ZEV) mandate. Photograph: John Walton/PA View image in fullscreen Manufacturers must sell an increasing proportion of EVs every year under the UK’s zero emission vehicle (ZEV) mandate. Photograph: John Walton/PA Electric car sales grow in UK despite decline in… Continue reading Electric car sales grow in UK despite decline in overall vehicle market

Gridlock: why it can take 11 years to connect solar farms to the UK network

Workers at Stellantis Ellesmere Port with a Vauxhall Combo Electric van. Photograph: Stellantis/Getty View image in fullscreen Workers at Stellantis Ellesmere Port with a Vauxhall Combo Electric van. Photograph: Stellantis/Getty Gridlock: why it can take 11 years to connect solar farms to the UK network Companies are waiting up to 14 years for connections, leading… Continue reading Gridlock: why it can take 11 years to connect solar farms to the UK network

Volkswagen cuts plan sends shock through the ‘Detroit of east Germany’

Employees of the Volkswagen plant in Zwickau stand on the factory premises during an information event organised by the Works Council of Volkswagen on 28 October. Photograph: Jens Schlueter/AFP/Getty Images View image in fullscreen Employees of the Volkswagen plant in Zwickau stand on the factory premises during an information event organised by the Works Council… Continue reading Volkswagen cuts plan sends shock through the ‘Detroit of east Germany’

Stellantis reports slump in car sales as European demand falls

A Fiat 600, official car of the 19th Rome film festival, at the Auditorium Parco Della Musica this week. Photograph: Ernesto S Ruscio/Getty Images for Stellantis View image in fullscreen A Fiat 600, official car of the 19th Rome film festival, at the Auditorium Parco Della Musica this week. Photograph: Ernesto S Ruscio/Getty Images for… Continue reading Stellantis reports slump in car sales as European demand falls

Lloyds shareholders could take £1bn hit over car finance crisis

Lloyds could be left to cover a compensation bill of £3.2bn, according to RBC Capital. Photograph: Pietro Recchia/SOPA Images/Shutterstock View image in fullscreen Lloyds could be left to cover a compensation bill of £3.2bn, according to RBC Capital. Photograph: Pietro Recchia/SOPA Images/Shutterstock Lloyds shareholders could take £1bn hit over car finance crisis Analysts forecast bank… Continue reading Lloyds shareholders could take £1bn hit over car finance crisis

Could you be entitled to a payout after court ruling on car finance?

The Financial Conduct Authority is investigating discretionary commission arrangements on car loans issued between 2007 and 2021. Photograph: Dan Kitwood/Getty Images View image in fullscreen The Financial Conduct Authority is investigating discretionary commission arrangements on car loans issued between 2007 and 2021. Photograph: Dan Kitwood/Getty Images Explainer Could you be entitled to a payout after… Continue reading Could you be entitled to a payout after court ruling on car finance?

Lloyds suspends commission payments after ‘seismic’ ruling on UK car finance

Lloyds bank’s Black Horse car finance division has already put aside £450m for potential compensation. Photograph: Andy Rain/EPA View image in fullscreen Lloyds bank’s Black Horse car finance division has already put aside £450m for potential compensation. Photograph: Andy Rain/EPA Lloyds suspends commission payments after ‘seismic’ ruling on UK car finance Industry and Treasury hold… Continue reading Lloyds suspends commission payments after ‘seismic’ ruling on UK car finance

Fleet of 30 luxury cars taken to Thailand returned to UK, police say

The cars recovered from Thailand by Navcis on display in Eastleigh. Photograph: Andrew Croft/Solent News & Photo Agency/Solent News View image in fullscreen The cars recovered from Thailand by Navcis on display in Eastleigh. Photograph: Andrew Croft/Solent News & Photo Agency/Solent News Fleet of 30 luxury cars taken to Thailand returned to UK, police say… Continue reading Fleet of 30 luxury cars taken to Thailand returned to UK, police say