Circuit of Wales has given investor details and a timescale for development of the £425 M motor sport circuit and related businesses to the Welsh Assembly.
It has complied with a deadline set two weeks ago by Welsh business secretary Ken Skates and means it will now go to a more detailed plan with rigorous examination of proposals and assertions, and progress towards ground-works starting in the spring, CoW said in a statement.
Volkswagen is facing criminal action in Luxembourg over the diesel-emissions scandal.
Court action has started and in France, regulators are said to be considering prosecutions against Fiat Chrysler Group for allegedly falsely stating NOx emissions in tests.
Western European car sales rose 9.5 percent in January on buoyant double-digit demand in Germany, France, Italy and Spain, according to industry data compiled by LMC Automotive.
Registrations last month came to 1.11 million vehicles, and UK figures hit a 12 years high with a 3% rise.
Mitsubishi Motors in the UK is providing car buyers with even more reason to consider its recently revised model line-up with the announcement of its latest 0% APR HP* and 5.9% APR representative* PCP offers.
There is 0% APR HP is available across the entire range, while for the majority of models there is also the option of the 5.9% APR representative* PCP package, which offers deposit contributions of up to £2,500. There is no need for a customer deposit with either finance solution.
Winter prangs are costing motorists £150 million more compared to during the summer, with approximately 70,000 more accidents occurring according to the latest statistics.
Frosty roads and rainy weather have been causing havoc for British motorists, who see a 15% rise in accidents during the winter months from January-March when compared to the equivalent June-August summertime figure said Accident Exchange, also found that the rush to get home in the evenings coincided with a 5-6pm peak in accidents.
Hitachi Automotive Systems, Ltd., and Honda Motor Co., Ltd., will establish a joint venture company for the development, manufacture and sales of motors for electric vehicles.
The operations will be based in Japan, US and China.