Automotive industry

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Brexit could kill off entire industries, says Jaguar Land Rover chief

Brexit could kill off entire industries, says Jaguar Land Rover chief – Michael Savage Ralf Speth calls for political action as CBI survey finds four out of five businesses have cut investment ahead of EU exit Key industries will be destroyed by a hard Brexit, one of the country’s most powerful chief executives has predicted, […]

No-deal Brexit must be avoided at all costs, says Toyota president

No-deal Brexit must be avoided at all costs, says Toyota president – Justin McCurry in Tokyo Akio Toyoda says apprehension is growing as Brexit negotiations continue The president of Toyota has said a no-deal Brexit should be avoided “at all costs”, in the latest intervention by a major Japanese investor in the UK economy. In […]

MPs call for ban on petrol and diesel car sales by 2032

MPs call for ban on petrol and diesel car sales by 2032 – Adam Vaughan UK risks falling behind global switch to electric vehicles with ‘unambitious’ target of 2040, says committee MPs have urged ministers to bring forward their ban on new petrol and diesel car sales by eight years to 2032, to avoid the […]

Man who got swagger back for Aston Martin is ready for long game

Man who got swagger back for Aston Martin is ready for long game – Karl West Despite carmaker’s disappointing stock market debut, Andy Palmer says investors feel ‘pretty good’ Andy Palmer has written himself into the history books. The Aston Martin chief executive has done something this week that nobody has done for almost 30 […]

UK car sales tumble 20% in September – business live

UK car sales tumble 20% in September – business live – Graeme Wearden All the day’s economic and financial news, including a nasty slump in UK car registrations 7.57am BST The BBC’s Sean Farrington has pulled together a range of reasons for the slide in car sales: Huge response on #wakeuptomoney about why new car […]

Aston Martin IPO disappoints as luxury carmaker’s value falls

Aston Martin IPO disappoints as luxury carmaker’s value falls – Angela Monaghan Share debut puts value of James Bond car marque at lower end of spectrum as sale tests investor appetite for UK firms Aston Martin has made a disappointing stock market debut, with shares in the luxury carmaker dipping as low as £17.75 when […]

Aston Martin IPO values luxury carmaker at £4.3bn

Aston Martin IPO values luxury carmaker at £4.3bn – Angela Monaghan Flotation puts shares in James Bond marque at lower end of spectrum as sale tests investor appetite for UK firms Aston Martin made its stock market debut on Wednesday, with shares in the luxury carmaker priced at £19 each when trading got underway, at […]