Vauxhall British government should cover cost of a bad deal for Vauxhall plant, boss suggests A Vauxhall worker at Ellesmere Port, Cheshire. The factory is seen as vulnerable and its owner, PSA, has already stopped investing in it. Photograph: Bloomberg/Bloomberg via Getty Images Peugeot could demand compensation from the British government to keep its Vauxhall… Continue reading Brexit: Peugeot could seek compensation to keep UK factory open
Author: The Guardian Online News
Japanese minister goes to Lebanon to press for Carlos Ghosn’s return
Carlos Ghosn Hiroyuki Yoshiie will meet officials to make case for ex-Nissan boss to be tried in Japan Nissan said it hoped Carlos Ghosn would return to Japan ‘so all the facts can be properly established’. Photograph: Eugene Hoshiko/AP Japan’s deputy justice minister is travelling to Lebanon this weekend to make the case for the… Continue reading Japanese minister goes to Lebanon to press for Carlos Ghosn’s return
Aston Martin losses deepen as it issues coronavirus warning
Aston Martin Outbreak could hit supply chain and sales of carmaker, whose financial chief is to leave Coronavirus – latest updates Prince Charles (left) drives the company’s first SUV, the Aston Martin DBX, during his visit to its new manufacturing plant in St Athan, Wales. Photograph: Chris Jackson/Getty Images Aston Martin’s losses widened in 2019… Continue reading Aston Martin losses deepen as it issues coronavirus warning
Coronavirus outbreak puts Aston Martin’s prospects in the slow lane
Nils Pratley on finance Aston Martin Coronavirus outbreak puts Aston Martin’s prospects in the slow lane Nils Pratley Canadian billionaire’s rescue plan suddenly doesn’t look so rosy given the epidemic’s economic fallout The Aston Martin rescue was booked in at 400p per share. Shares are now worth 360p. Photograph: Rebecca Naden/PA At what point does… Continue reading Coronavirus outbreak puts Aston Martin’s prospects in the slow lane
Nissan Leaf breaks UK record for longest self-driving car journey
Nissan Autonomous model completes complex 230-mile trip from Bedfordshire to Sunderland The driverless Nissan Leaf travelled alongside traffic on a range of roads including country lanes and motorways. Photograph: Nissan A self-navigating car has successfully driven itself for 230 miles, the longest and most complex journey undertaken so far on UK roads by an autonomous… Continue reading Nissan Leaf breaks UK record for longest self-driving car journey
Car industry: PM has ‘moved goalposts’ over petrol and diesel ban
Automotive industry Motoring organisations say UK is unprepared to move to electric vehicles only by 2035 An electric car charging in Dundee. The sale of new petrol and diesel cars is to be banned from 2035. Photograph: Jeremy Sutton-Hibbert/The Guardian The government’s move to bring forward a ban on the sale of new petrol and… Continue reading Car industry: PM has ‘moved goalposts’ over petrol and diesel ban
Carmakers call for apprentices who show drive
Apprenticeships Young people who want to work with cars have a myriad of options. They don’t need to get their hands dirty, either – finance, service and sales have apprenticeship roles too Up and under: apprenticeships offer trainees hands-on experience. Photograph: Dean Mitchell/Getty For petrolheads, opportunities to work with cars, in cars and around cars… Continue reading Carmakers call for apprentices who show drive
Nissan ‘could pull out of EU and expand in UK after hard Brexit’
Nissan Carmaker considers focusing on UK market if there are tariffs on exports, according to report Workers on the production line at Nissan’s factory in Sunderland. Photograph: Owen Humphreys/PA Nissan has reportedly drawn up contingency plans to pull out of manufacturing in mainland Europe in the event of a hard Brexit in favour of ramping… Continue reading Nissan ‘could pull out of EU and expand in UK after hard Brexit’
Aston Martin to enter F1 from 2021 under £500m rescue deal
Aston Martin Lawrence Stroll’s consortium to invest £182m and his Racing Point team will be rebranded The billionaire Lawrence Stroll is leading a consortium that will invest £182m in return for 16.7% of Aston Martin, which will also launch a £318m rights issue. Photograph: Arnd Wiegmann/Reuters Aston Martin has agreed a £500m equity rescue deal… Continue reading Aston Martin to enter F1 from 2021 under £500m rescue deal
Rollout of smart motorways put on hold amid safety concerns
Transport policy Investigation finds 38 people killed on smart motorways in the past five years Grant Shapps has said there will be no new stretches of smart motorway until the government has completed its review. Photograph: Martin Godwin/The Guardian A national rollout of smart motorways has been put on hold by transport secretary, Grant Shapps,… Continue reading Rollout of smart motorways put on hold amid safety concerns