Having been forced to halt in September 2024 due to a critical component shortage, production of the INEOS Grenadier and Quartermaster will restart in early January.
All partners have been informed and are ready to support resumption of operations at INEOS Automotive’s plant in Hambach which was suspended when a seat supplier went out of business.
A major rail timetable change will see train times significantly change in December, allowing for increased services at some stations, later services from Cardiff Central and Swansea, trains leaving at the same time past each hour and more new trains.
The changes are possible because of the enhanced capabilities of the new Class 197 train fleet which has been replacing older trains over the last two years and has been described as the “most significant mainline timetable change in a generation”.
Ford’s axing 800 jobs in the UK over three years in reaction to concerns for ‘the health’ of its passenger car business in Europe with low demand for its new electric models.
The cuts are part of a wider restructuring across Europe with around 4,000 roles to go in total by 2027, mostly in office and product development roles but Dagenham and Halewood parts plants are safe.
Jaguar will slash its 83 UK dealers to just 20 when it resumes car production in 2026 with a wholly electric line up after ditching petrol models this year.
It said last week that the small range will begin at over £100,000 and it expects to retain just 15% of its current ownership book.
Santander is the latest lender to put millions of pounds aside to pay potential compensation to victims of the motor finance scandal.
The firm says it has assigned £295m as a provision to cover potential payouts as well as legal costs around the excessive interest unknowingly charged to car buyers.
Japan has mandated for biofuels to be available through filling stations by 2030.
The legislation will permit ICE models to use the fuel and relieve the country of the investments needed if only zero emissions electric vehicles are sold to buyers and the decision will assist luxury European models sales as well.