Business model at Brexit without contract in danger: car industry is making dramatic appeal to EU summit

Bloomberg via Getty Images Mini-production in the UK: Not only on the island, the car manufacturers fear in a Brexit contract without chaotic conditions A Brexit without a contract would threaten the entire business model of the industry from the point of view of the European auto industry. Before the EU summit this Wednesday evening,… Continue reading Business model at Brexit without contract in danger: car industry is making dramatic appeal to EU summit

Lister thunders back with the £2.5m Storm

Stirling Moss drove a Lister in 1958 and backs Lawrence Whittaker’s revival of the marqueREX FEATURES Behold the return of another classic British carmaker. Under new ownership Bentley, Rolls-Royce, Jaguar Land Rover and Aston Martin have all enjoyed a 21st-century renaissance. Now it is the turn of Lister, a throwback to the 1950s and the… Continue reading Lister thunders back with the £2.5m Storm

Daimler, BMW offer concessions to ease EU concerns on car-sharing deal

BRUSSELS (Reuters) – German luxury carmakers Daimler (DAIGn.DE) and BMW (BMWG.DE) have offered concessions to address EU antitrust concerns about their plan to combine their car-sharing businesses, the European Commission said on Tuesday. FILE PHOTO: The BMW logo is seen on the second press day of the Paris auto show, in Paris, France, October 3,… Continue reading Daimler, BMW offer concessions to ease EU concerns on car-sharing deal

German carmakers have 50:50 chance of facing Detroit’s fate, VW says

FRANKFURT (Reuters) – German carmakers only have a 50 percent chance of surviving as leading players in the auto industry unless they transform their businesses to meet new regulations and adapt supply chains, Volkswagen’s (VOWG_p.DE) chief executive said on Tuesday. FILE PHOTO: Mechanic staff work on the production line of Volkswagen e-Golf in the Glaeserne… Continue reading German carmakers have 50:50 chance of facing Detroit’s fate, VW says