Ex-Nissan executive found guilty of helping Carlos Ghosn commit financial crimes Tokyo court gives US citizen Greg Kelly, who was arrested in 2018, six-month suspended sentence for aiding the now-fugitive Ghosn Former Nissan executive Greg Kelly arrives at Tokyo district court on Thursday. He was given a six-month suspended sentence for helping Carlos Ghosn conceal… Continue reading Ex-Nissan executive found guilty of helping Carlos Ghosn commit financial crimes
Author: The Guardian Online News
UK welcomes Jaguar Land Rover decision to pause Russia exports
UK welcomes Jaguar Land Rover decision to pause Russia exports Business secretary Kwasi Kwarteng says firms are joining in push to isolate Moscow Russia-Ukraine crisis: live news Could Putin be looking at crypto to bypass sanctions? Jim O’Neill: Putin’s errors could change global finance Business secretary Kwasi Kwarteng welcomed the decision in a Twitter post.… Continue reading UK welcomes Jaguar Land Rover decision to pause Russia exports
UK manufacturers face higher costs as Ukraine crisis hits supply chains
UK manufacturers face higher costs as Ukraine crisis hits supply chains Conflict has already triggered energy price surge and restrictions on Russian exports such metals will also affect industry A view of the Miner’s Glory monument at the Mariinsky mine in the village of Malysheva in Russia’s Sverdlovsk region. The mine produces emeralds as well… Continue reading UK manufacturers face higher costs as Ukraine crisis hits supply chains
‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars
‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars Automakers’ history of taking fat subsidies and overpromising job growth make some analysts skeptical of the deal An assembly line at General Motors’ plant in Detroit. Photograph: Mandel Ngan/AFP/Getty Images An assembly line at General Motors’ plant in Detroit. Photograph: Mandel… Continue reading ‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars
Aston Martin optimistic after sales surge and slashed losses in 2021
Aston Martin optimistic after sales surge and slashed losses in 2021 Carmaker expects financial improvements following supply chain issues and a slow start to ‘hypercar’ Aston Martin began shipping its £2.5m Valkyrie hypercar in December. Photograph: John Keeble/Getty Images Aston Martin began shipping its £2.5m Valkyrie hypercar in December. Photograph: John Keeble/Getty Images Aston Martin… Continue reading Aston Martin optimistic after sales surge and slashed losses in 2021
Abandoned burning ship ‘had $400m cargo of luxury cars’
Abandoned burning ship ‘had $400m cargo of luxury cars’ Estimate by insurers comes as Felicity Ace is ‘still assumed to remain on fire south of the Azores’ Felicity Ace’s cargo included Porsche, Audi, Bentley and Lamborghini models. Photograph: Portuguese Navy Handout/EPA Felicity Ace’s cargo included Porsche, Audi, Bentley and Lamborghini models. Photograph: Portuguese Navy Handout/EPA… Continue reading Abandoned burning ship ‘had $400m cargo of luxury cars’
Andy Palmer’s bumpy ride: from supercars to battery buses
Interview Andy Palmer’s bumpy ride: from supercars to battery buses Jasper Jolly Palmer admits to thinking about the chance that Switch Mobility could overtake Aston Martin in market valuation. Photograph: Sophia Evans/The Observer Palmer admits to thinking about the chance that Switch Mobility could overtake Aston Martin in market valuation. Photograph: Sophia Evans/The Observer The… Continue reading Andy Palmer’s bumpy ride: from supercars to battery buses
Burning ship carrying Porsches adrift near Azores without crew
Burning ship carrying Porsches adrift near Azores without crew None of 22 crew members hurt after vessel with almost 4,000 VW group cars onboard caught fire Smoke billows from the Felicity Ace, which was carrying thousands of vehicles from Germany to the US. Photograph: marinha.pt Smoke billows from the Felicity Ace, which was carrying thousands… Continue reading Burning ship carrying Porsches adrift near Azores without crew
Electric car charging points ‘spread too unequally across UK’
Electric car charging points ‘spread too unequally across UK’ SMMT says number of chargers has not grown fast enough to keep up with growth of EVs Electric cars charging in Edinburgh, Scotland. Photograph: Murdo MacLeod/The Guardian Electric cars charging in Edinburgh, Scotland. Photograph: Murdo MacLeod/The Guardian The UK car industry has warned of a “growing… Continue reading Electric car charging points ‘spread too unequally across UK’
Britishvolt secures £40m investment for electric vehicle battery factory
Britishvolt secures £40m investment for electric vehicle battery factory Startup to be based near Blyth is regarded as key to prospects for the UK’s automotive industry Peter Rolton, Britishvolt’s executive chairman, shows a billboard at the site of the company’s planned battery plant in the former industrial town of Blyth in Northumberland. Photograph: Nick Carey/Reuters… Continue reading Britishvolt secures £40m investment for electric vehicle battery factory