Confederation of British Industry (CBI) UK retailers warn of stock shortages extending into the autumn CBI survey reports supply problems caused by Brexit, red tape, Covid restrictions and labour shortages Freight lorries undergoing checks on the M20 motorway. A CBI economist says: ‘While demand may be more stable, operational issues worsen.’ Photograph: Toby Melville/Reuters Freight… Continue reading UK retailers warn of stock shortages extending into the autumn
Author: The Guardian Online News
Toyota scraps Olympics TV adverts amid lukewarm support in Japan
Tokyo Olympic Games 2020 Toyota scraps Olympics TV adverts amid lukewarm support in Japan Tokyo 2020 sponsor’s executives pull out of opening ceremony Czech beach volleyball player tests positive in Olympic Village As well as not running Olympics-themed ads, Toyota’s executives will not attend the opening ceremony. Photograph: Michael Steinebach/AFLO/Rex/Shutterstock As well as not running… Continue reading Toyota scraps Olympics TV adverts amid lukewarm support in Japan
Coventry puts forward ‘mission critical’ plan for electric car battery plant
Automotive industry Coventry puts forward ‘mission critical’ plan for electric car battery plant West Midlands plan could create 6,000 new jobs and production could start by 2025 Andy Street, mayor of the West Midlands, said it was ‘mission critical’ that the West Midlands secures a gigafactory. Photograph: Jacob King/PA Andy Street, mayor of the West… Continue reading Coventry puts forward ‘mission critical’ plan for electric car battery plant
Vauxhall owner in plan to produce new electric van at Ellesmere Port
Stellantis Vauxhall owner in plan to produce new electric van at Ellesmere Port Stellantis poised to announce move after talks with UK government over financial support for Wirral factory Vauxhall currently produces the Astra at its Ellesmere Port plant, which Stellantis executives had previously said they were prepared to close. Photograph: Colin Mcpherson/The Guardian Vauxhall… Continue reading Vauxhall owner in plan to produce new electric van at Ellesmere Port
Ex-Aston Martin boss Andy Palmer becomes CEO of electric bus maker
Automotive industry Ex-Aston Martin boss Andy Palmer becomes CEO of electric bus maker The 58-year-old’s role at Switch Mobility is part of drive to expand the business Andy Palmer was ousted from Aston Martin last year after a disastrous slump in the luxury carmaker’s share price following its flotation in 2018. Photograph: Greg Baker/AFP via… Continue reading Ex-Aston Martin boss Andy Palmer becomes CEO of electric bus maker
Nissan sets out plans for £1bn electric car hub in Sunderland
Nissan has set out plans for a new £1bn electric vehicle hub in Sunderland, which will create thousands of jobs. The plans include a new electric battery plant, built by its partner Envision, and production of its new all-electric model. The Japanese carmaker said that about 900 new jobs would be created at Nissan, 750… Continue reading Nissan sets out plans for £1bn electric car hub in Sunderland
The Guardian view on state subsidy: Brussels was not the problem | Editorial
The purpose of Brexit is summarised by its advocates in a word – sovereignty. In practice, that means the power to enact laws that European Union membership would forbid. With the exception of border control, the leave campaign avoided spelling out what those legal departures might be. The picture is coming into focus. On Wednesday,… Continue reading The Guardian view on state subsidy: Brussels was not the problem | Editorial
UK car industry ‘could lose 90,000 jobs without new battery gigafactories’
Up to 90,000 jobs could be lost in UK car manufacturing unless the government increases support for electric car production to German and US levels, the industry body has said. Industry leaders accused the government of being long on words but short on action to help the UK build capacity for electric vehicles, both to… Continue reading UK car industry ‘could lose 90,000 jobs without new battery gigafactories’
Nissan expected to announce plans to build battery ‘gigafactory’ in Sunderland
Japanese carmaker Nissan is set to confirm plans to build a battery “gigafactory” in Sunderland this week, handing a significant post-Brexit jobs and investment boost to the UK’s under-pressure automotive sector. Nissan is expected to promise to build as many as 200,000 batteries for electric vehicles every year in the UK, in partnership with Chinese… Continue reading Nissan expected to announce plans to build battery ‘gigafactory’ in Sunderland
Aston Martin sues dealer over £2.5m Valkyrie ‘hypercar’
Aston Martin Lagonda is suing the Swiss car dealer Nebula Project and its board members, accusing it of failing to pay customer deposits it had accepted for orders of its £2.5m Valkyrie sports car. The luxury carmarker, best known for making James Bond’s vehicles, said it was filing criminal and civil proceedings in Switzerland, where… Continue reading Aston Martin sues dealer over £2.5m Valkyrie ‘hypercar’