The pensions deficit at Vauxhall stands at about £1 Billion, Reuters has been told.
Peugeot is considering taking over GM’s European divisions Vauxhall and Opel, and many multinational companies including Tata Steel have had to deal with increased pension spending, and it could be a factor which influences Peugeot in where to make any possible cuts following a deal being reached after talks with UK PM this week.
London Mayor Sadiq Khan could implement a car ban in the capital on certain days to cut air pollution.
Speaking on ITV’s Peston on Sunday programme, Khan said that he wanted to “address the issue of poor quality air 365 days a year, not only on the days the air is dangerous”, and when asked if London could implement a car ban, such as the one in Paris, Khan replied, “Nothing’s off the table”.
American safety inspectors have ordered recalls on thousands of prestige brands over a variety of faults which could cause serious incidents or deaths, and which may include UK models.
Mercedes, BMW, Jaguar, Volkswagen, Lamborghini and Mazda models are affected in the latest recalls and details can be found on the NHTSA site.
Ford has become the first major foreign carmaker in Russia to see sales grow after three bad years.
It opened a new engine plant in 2015, has added other assembly operations there and has adapted models specifically for the Russian lower grade fuel, rougher roads and intensely colder weather.
This year’s first DVLA personalised registration auction will be held on Wednesday 22 February in Chesterfield.
About 1,500 unique registrations will be offered, and last year’s five sales raised £25.6M.