Jaguar to make multi-million pound electric car investment in UK plant

FILE PHOTO – A car hangs on the wall of Jaguar’s Castle Bromwich manufacturing facility in Birmingham, Britain, November 17, 2016. REUTERS/Darren Staples LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) is making a multi-million pound investment to build electric vehicles in its home market, in a major boost to a sector hit… Continue reading Jaguar to make multi-million pound electric car investment in UK plant

Jaguar to invest big in UK with new electric XJ and more set for Castle Bromwich plant

Jaguar Land Rover is expected to confirm today that the next generation of the Jaguar XJ saloon will be made at its Castle Bromwich facility – and that the car will feature a pure-electric powertrain. The British manufacturer will announce fresh investment in the factory in the West Midlands, which had been considered at risk… Continue reading Jaguar to invest big in UK with new electric XJ and more set for Castle Bromwich plant

UPDATE 1-Irish Brexit border issue cannot be solved by tech alone- former UK official

FILE PHOTO: Police officers guard the border crossing between the Republic of Ireland and Northern Ireland in Carrickcarnon, Ireland March 30. 2019. REUTERS/Clodagh Kilcoyne LONDON (Reuters) – There is no technology solution that alone can solve the issue of the border between Northern Ireland and the Irish Republic in a no-deal Brexit scenario, the British… Continue reading UPDATE 1-Irish Brexit border issue cannot be solved by tech alone- former UK official

PSA links the fate of a British factory to a Brexit agreement

This is probably the first time, across all sectors, that an industrialist also directly links an operational decision on the United Kingdom to the conclusion of a divorce agreement with the EU. PSA warned Thursday that it would entrust the manufacture of its future Astra to its factory Vauxhall Ellesmere Port, Wales, a two-pronged condition:… Continue reading PSA links the fate of a British factory to a Brexit agreement

Jaguar Land Rover boss: settling Brexit will be good for us

Settling Brexit could be positive for UK sales for Jaguar and Land Rover in Britain, according to Rawdon Glover, the firm’s UK managing director. Despite a difficult sales year for the brands, both have shown upswings – driven in part by new model launches – in the UK despite economic uncertainty prompted by the ongoing… Continue reading Jaguar Land Rover boss: settling Brexit will be good for us

UPDATE 1-Peugeot issues Brexit ultimatum on new car investment

FILE PHOTO: A PSA Group logo is seen behind a car displayed during French carmaker’s news conference as they announce the company’s 2018 results at their headquarters in Rueil-Malmaison, near Paris, France, February 26, 2019. REUTERS/Christian Hartmann/File Photo LONDON/PARIS (Reuters) – French carmaker Peugeot (PEUP.PA) said on Thursday it plans to build its new Astra… Continue reading UPDATE 1-Peugeot issues Brexit ultimatum on new car investment

PSA Group delivers Ellesmere Port Brexit ultimatum as Ford cuts 12,000 jobs

PSA Group has said that its plans to produce the next generation Vauxhall Astra hatchback at Ellesmere Port are dependent on the final terms of Brexit and the acceptance of a “New Vehicle Agreement” by the Unite trade union. The French carmaker announced this afternoon that its plant in Russelsheim, Germany, will manufacture Astra and… Continue reading PSA Group delivers Ellesmere Port Brexit ultimatum as Ford cuts 12,000 jobs

Carmaker PSA to decide on new Ellesmere work after final Brexit terms

FILE PHOTO: A Vauxhall car is parked outside Vauxhall’s plant in Ellesmere Port, Britain, March 6, 2017. REUTERS/Phil Noble LONDON/PARIS (Reuters) – French carmaker PSA (PEUP.PA) said on Thursday that a final decision on whether to build its next generation Astra model at Ellesmere Port would depend on the final terms of Britain’s departure from… Continue reading Carmaker PSA to decide on new Ellesmere work after final Brexit terms

Press Releases – Auto industry revises 2019 car sales forecast to -1%

Brussels, 27 June 2019 – In the side-lines of its annual general meeting in Brussels today, the European Automobile Manufacturers’ Association (ACEA) revised its forecast for 2019 passenger car registrations downwards to -1%. ACEA’s initial forecast, published earlier this year, was for growth of up to 1% compared to 2018. The association now expects a… Continue reading Press Releases – Auto industry revises 2019 car sales forecast to -1%

APPOINTMENTS TO THE EXECUTIVE COMMITTEE OF RCI BANK AND SERVICES

RCI Bank and Services is changing its organization structure.   It has created a Group Compliance Division, effective from July 1, 2019. Jean-Louis Labauge has been appointed Chief Compliance Officer and a member of the Executive Committee. He reports to Bruno Kintzinger, CEO.   Frédéric Schneider has been appointed Vice President, Sales and Marketing of… Continue reading APPOINTMENTS TO THE EXECUTIVE COMMITTEE OF RCI BANK AND SERVICES