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Thursday, July 9, 2020
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Automobiles

UK demand for new cars down almost 35% in June

Demand for new cars fell by 34.9% last month, an automotive industry body said. Only 145,377 new cars were registered in June compared with 223,421...

Aston Martin to slash up to 500 jobs as car sales plunge

Aston Martin has said it plans to cut up to 500 jobs as part of a major restructuring at the luxury car manufacturer. The troubled...

France unveils €8bn plan to rescue ailing car industry

France’s Government is injecting more than €8bn to save the country’s car industry from huge losses wrought by virus lockdowns. It wants to use the...

Honda to resume car manufacturing in UK next month

Car giant Honda is to restart UK production next month in the latest move by motor manufacturers to resume work. The company announced it had...

Losses soar as demand dries up for Aston Martin’s cars

The number of vehicles sold by Aston Martin almost halved in the first three months of the year, as the luxury carmaker was hit...

Jaguar Land Rover and Aston Martin to restart production

Car giant Jaguar Land Rover is to gradually resume production at two of its UK plants next month amid “robust” guidelines to support a...

Renault seeking up to 5 billion euros in state-backed loans

French car giant Renault is seeking billions in state-backed loans as it tries to weather the coronavirus crisis. The company is also cancelling its dividend...

Aston Martin unveils first SUV

Aston Martin has unveiled its first sports utility vehicle (SUV) in its 106-year history. The British luxury car maker hopes the £158,000 (€184,000) DBX will...

Aston Martin shares tumble on hefty half-year loss

Shares in Aston Martin Lagonda have plummeted once again after the luxury car-maker revealed it swung to a £78.8 million (€86m) loss as demand from...

Nissan to axe 12,500 jobs in bid to cut costs

Nissan is slashing 12,500 jobs, or about 9% of its global workforce, in an effort to cut costs and achieve a turnaround amid tumbling...

Latest news

World has 20% chance of exceeding 1.5C in next five years – climate forecast

There is a one-in-five chance annual global temperatures will be at least 1.5C warmer than in pre-industrial times in the next five years, experts...

Zendaya and John David Washington ‘secretly filmed a movie during pandemic’

Hollywood stars Zendaya and John David Washington secretly filmed a feature-length movie during the coronavirus pandemic, it has emerged. The actors star together in Malcolm...

Space agencies seek ideas on how 5G and technology could boost logistics

Companies are being asked to share ideas on how 5G terrestrial and space technology could be used to support the UK’s logistics businesses. The call...

Donald Trump claims improved ties as he hosts Mexico’s president

President Donald Trump, who has denigrated Mexican migrants and threatened the US ally with crippling tariffs, welcomed President Andres Manuel Lopez Obrador to the...

Task force makes policy recommendations for Joe Biden’s presidential bid

Political task forces Joe Biden formed with one-time rival Bernie Sanders to solidify support among the Democratic Party’s progressive wing recommended that the former...
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