Sixty apartments costing up to £1.65M will be built overlooking the Silverstone GP racing track and come complete with a clubhouse and leisure facilities. The leasehold apartments with balconies will be fully managed and can be rented out when not in use by their owner who will benefit from access to all major meetings from May 2022. The UK’s … [Read more...]
Newslines 30 June
About 10M cars are expected to hit UK roads at the weekend and head off for getaways, despite facing £60 FPN fines in Wales. Travel restrictions will be lifted in England but not Wales and the RAC says it expects a spike in breakdown calls and urges motorists to check over their cars this week before travelling. Carbon dioxide emissions from new cars in … [Read more...]
Tradelines 24 June
Nissan and Renault have been dragged into a new law suit over alleged illegal emissions and defeat testing devices in UK cars. Up to 1.4 million cars could be involved claims law firm Harcus Parker, nearly all diesel but also 100,000 petrol engines, but the car makers have denied the claim and said they have fully complied with testing legislation. Italy … [Read more...]
168,000 automotive jobs under threat say SMMT
One in six jobs are at risk of redundancy without help from the government in restarting production of the automotive sectors, said the Society of Motor Manufacturers and Traders. The SMMT wants emergency funding, permanent short-time working, business rate holidays, and VAT cuts to stem the flow of job losses as showroom reopen and production lines are … [Read more...]
Carlos Ghosn’s fate was engineered, claims newspaper
Fired Nissan boss and fugitive from justice Carlos Ghosn was set up by directors of the Japanese car company, it is claimed in a media report this week. The National, a Middle East paper which covers Lebanon where Mr Ghosn is now living, claims there is now some evidence to support his claim. According to people familiar with what happened and previously … [Read more...]
Sunday drive: On the road and in the news 7 June
Although the lockdown measures have eased with some people already back at work, or they should be working from home, some schools in England open for some age groups, most car dealerships ready for business with some car manufacturing plants already producing vehicles even if in limited amounts and sporting events happening again under restrictive measures, … [Read more...]
Sunday drive: On the road & in the news 30 May
Although the lockdown measures are easing it will take time for the wheels of society to return to something like normal life, writes David Miles. But from tomorrow, after the bank holiday week, English schools for certain age groups will open where they can and more employees should be returning to work and that includes the motoring industry. So hopefully … [Read more...]
Tradelines 27 May
Around 1,200 jobs are going at McLaren. The group’s applied technology, automotive and racing businesses will be hit, the company said in a statement, as the cancellation of motorsport events, the suspension of manufacturing and retail activities around the world and reduced demand for technology solutions dashed the group’s revenue generating … [Read more...]
EV shocks for dealers
The move towards electric cars is going to be a shock for many car dealers, according to a new survey, writes Robin Roberts. While generally satisfied with manufacturers’ plans to introduce battery electric vehicles and hybrids, they are less happy about dealership costs and how they are going to make money in the longer term. Already coping with new … [Read more...]
French tell Renault “home” build for state aid
The French government has told Renault it must keep home plants operating as a condition of receiving €5 Billion state aid. France wants it to remain the group’s global centre for engineering, research, innovation and development, Prime Minister Edouard Philippe said on Wednesday. Speaking in the Senate, he said the government was particularly concerned … [Read more...]
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