Automotive

Automotive 05-07-2018

Jaguar Land Rover says UK investment in jeopardy with hard Brexit

Britain’s largest carmaker, Jaguar Land Rover, has said £80 billion investment plans and 40,000 UK staff could be in doubt if Brexit plans don’t go well. “Jaguar Land Rover’s heart and soul is in the UK. However, we, and our partners in the supply chain, face an unpredictable future if the Brexit negotiations do not […]

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Automotive 26-06-2018

Brexit uncertainty halving automotive investment, putting 860k jobs at risk, says industry group

The government has been warned of Brexit’s impact on the automotive industry, as uncertainty around exit negotiations continues. The Society of Motor Manufacturers and Traders (SMMT) told Theresa May the almost 860,000 workers employed in the wider industry were at risk if they did nothing to boost investor confidence. Figures released by the group showed […]

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Automotive 19-06-2018

Audi CEO arrested in Germany

Rupert Stadler, CEO of carmaker Audi was arrested Monday in the wake of an ongoing emissions cheating scandal. Audi, an arm of German multinational Volkswagen Group, has been the subject of investigation from authorities after the 2015 scandal in which VW was found to be cheating emissions tests. The Munich’s prosecutor’s office made a statement, […]

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Automotive 19-06-2018

Elon Musk tells Tesla staff to stay vigilant after fire and apparent “sabotage”

Tesla CEO Elon Musk is facing more challenges as his company attempts to ramp up to commercial scale. As reported by CNBC, Musk wrote an email to staff Sunday night claiming an employee had been found to be active in “extensive and damaging sabotage to our operations”. The email alleges the employee, discontent over a […]

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Automotive 14-06-2018

Tesla to cut 9% of their workforce in cost-cutting measures

Tesla head Elon Musk has made public plans to cut 9% of the electric car manufacturer’s 40,000 staff. The move is part of restructuring plans aimed at bringing the company back to profitability, amid concerns over production rates. Despite drawing hype all over the world for their next-generation, eco-friendly models, Tesla is still yet to […]

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Automotive 14-06-2018

Toyota makes $1 billion investment into ride-sharing company Grab

Toyota Motor Corp is making a significant move into the automotive service market, purchasing a stake worth $1 billion in Asian ride-sharing giant Grab. The investment is the second Toyota has made with the company, which recently acquired Uber’s business in the region, taking a monopoly on the Southeast Asian market. “As a global leader […]

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Automotive 13-06-2018

Production of Land Rover Discovery to move away from the UK

Jaguar Land Rover, the nation’s largest automotive manufacturer, has announced that its Land Rover Discovery model will no longer be built in the UK. Despite an insistence from JLR that they were committed to the UK, they plan to move all production of the model from their factory in Solihull to Slovakia. The move will […]

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Automotive 06-06-2018

BMW gives first look at the next-gen X5

The fourth generation of the automotive giant BMW’s flagship X5 SUV was revealed Tuesday. First released in 1999, the X5 has been a consistent moneymaker for BMW, selling over 2 million vehicles over this time. The new X5 will come initially in two engine size options, the 335 horsepower, 3.0L, twin-scroll turbocharged inline-six-cylinder engine xDrive […]

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Automotive 04-06-2018

Uber done in Turkey, says Erdogan

Turkey appears set to side with its nation’s taxi drivers and push ride hailing giant Uber from the country. Following widespread pressure from taxi drivers, unhappy about Uber taking a slice of their business, president Recep Tayyip Erdogan has come out with a statement indicating the government would push Uber from the market. “This thing […]

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Automotive 04-06-2018

UK car manufacturing on the rise

Data released by the Society of Motor Manufacturers and Traders (SMMT) showed an increase in UK car production for the month of April, up 5.2% on the same period last year. The data showed a 103,662 cars built for British markets, and 24,290 for export. The figures represent year-to-year growth of 7.3% and 4.7% in […]

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