Jaguar Land Rover (JLR) is set to cut the number of contract-agency workers its employs on its factory floors following a drop in sales. It has not confirmed how many roles are affected but it reported a loss of £501m before tax in the final quarter of its financial year. JLR said the decision was… Continue reading Jaguar Land Rover to cut factory roles for temps
Author: BBC News
Welsh site ‘preferred’ for battery ‘gigafactory’
The firm behind a proposed battery factory which could create 4,000 jobs has listed a site in Wales as its “preferred option”. Britishvolt, which wants to produce batteries for electric vehicles, said it will build its factory in St Athan, Vale of Glamorgan, or Coventry. The Welsh town is already home to an Aston Martin… Continue reading Welsh site ‘preferred’ for battery ‘gigafactory’
Nissan will not extend contracts for 250 workers
Nearly 250 temporary workers at Nissan’s plant in north-east England will not have their contracts extended, the car firm has announced. Production resumed earlier this month at the factory in Washington, Sunderland, but the car maker said demand for its vehicles was low. It said it was adjusting production “to meet market demands”. “Given current… Continue reading Nissan will not extend contracts for 250 workers
Electric truck start-up Nikola takes on car giants
An electric truck company that has yet to deliver a single vehicle already has a market value higher than industry stalwart Fiat Chrysler. Since listing on the Nasdaq last week, the US start-up Nikola has seen its share price more than double, sending its market value to $26.3bn (£20.5bn). The gains came after the firm… Continue reading Electric truck start-up Nikola takes on car giants
Honda’s global operations hit by cyber-attack
Honda has said it is dealing with a cyber-attack that is impacting its operations around the world. “Honda can confirm that a cyber-attack has taken place on the Honda network,” the Japanese car-maker said in a statement. It added that the problem was affecting its ability to access its computers servers, use email and otherwise… Continue reading Honda’s global operations hit by cyber-attack
Tesla supplier ready to make million-mile battery
A Chinese car battery-maker says it is ready to manufacture a product capable of powering a vehicle for 1.2 million miles (two million kilometres) across the course of a 16-year lifespan. By contrast, most automakers only offer warranties ranging from 60,000 to 150,000 miles over a three to eight-year period on their cars’ batteries. Contemporary… Continue reading Tesla supplier ready to make million-mile battery
Coronavirus: Lookers and Aston Martin cut 2,000 car jobs
Car dealership Lookers has announced it will cut up to 1,500 jobs with the closure of more showrooms in the UK. The company reopened its showrooms on Monday after the government lifted coronavirus lockdown restrictions. Luxury carmaker Aston Martin also announced 500 redundancies, a week after naming a new chief executive. It comes as the… Continue reading Coronavirus: Lookers and Aston Martin cut 2,000 car jobs
Nissan: UK factory still under threat from no-deal Brexit
Media playback is unsupported on your device The UK’s largest car manufacturing plant is “unsustainable” if the UK leaves the European Union without a trade deal, owner Nissan says. The Japanese company’s global chief operating head told the BBC people had to understand the EU was the Sunderland factory’s biggest customer. Ashwani Gupta said that… Continue reading Nissan: UK factory still under threat from no-deal Brexit
Renault cuts 15,000 jobs in major restructuring
Renault is cutting 15,000 jobs worldwide as part of a €2bn (£1.8bn) cost-cutting plan after seeing sales plunge because of the virus pandemic. “This plan is essential,” said interim boss Clotilde Delbos, who announced a bigger focus on electric cars and vans. Some 4,600 jobs will go in France, and Renault has said six plants… Continue reading Renault cuts 15,000 jobs in major restructuring
Renault prepares for 15,000 job cuts
Struggling French carmaker Renault is said to be planning 15,000 job cuts around the world as it tries to contain losses amid the pandemic. The move comes as the virus deepens the challenges facing the firm, which saw its first annual loss in a decade last year. The company, which has pledged to cut costs… Continue reading Renault prepares for 15,000 job cuts