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March 6, 2019
Andy Palmer says Aston's Martin's 26% sales growth last year was 'very, very good'

Andy Palmer says Aston's Martin's 26% sales growth last year was 'very, very good'

Aston Martin boss Andy Palmer tells the BBC’s Theo Leggett that the firm’s underlying performance last year was “very good” in a very volatile market. Source by [author_name]

March 5, 2019
UK may slash trade tariffs under a no-deal Brexit

UK may slash trade tariffs under a no-deal Brexit

Image copyright Getty Images The UK government may cut trade tariffs on between 80% and 90% of goods in the event of a no-deal Brexit, reports say. Some tariffs would be scrapped completely, including those on car parts, and some agricultural produce. However, 10-20% of key products would continue to be protected by the current …

March 5, 2019
Workers rights: MPs promised vote on changes after Brexit

Workers rights: MPs promised vote on changes after Brexit

Image copyright AFP Image caption The UK won’t be bound by future EU changes and can choose whether to accept them or not MPs have been promised a vote on any changes to workers’ rights after Brexit as Theresa May seeks Labour support to pass her deal on leaving the EU. No 10 said Parliament …

March 5, 2019
JetBlue considers new US-UK flight routes

JetBlue considers new US-UK flight routes

Image copyright JetBlue The transatlantic skies could become a little more crowded as US airline SkyBlue considers launching new routes from New York and Boston to London. The 20-year old company says the transatlantic market suffers from poor competition and high fares, especially in the premium category. It would be SkyBlue’s first foray into Europe …

March 5, 2019
Facing the future after Honda closure

Facing the future after Honda closure

Dave Roberts has worked as a paint sprayer at Honda for 24 years. Now, with the announcement the Swindon factory will close, he’s rethinking the future for himself and his town. We’ve followed him through the last two weeks as he tries to come to terms with the changes he will face. This story will …

March 5, 2019
Tesla: China suspends customs clearance for Model 3 car

Tesla: China suspends customs clearance for Model 3 car

Image copyright Getty Images Tesla’s shipments of its Model 3 electric car to China have been stymied after custom authorities suspended clearance of the vehicle. Clearance was held up after Chinese customs discovered misprinted labels on certain Model 3 cars. It comes just weeks after Tesla began shipping the vehicle to China, which is the …

March 5, 2019
Barclays fundraising ‘about saving jobs’

Barclays fundraising ‘about saving jobs’

Image copyright Getty Images Image caption The court heard a recording of an interview given by Richard Boath (pictured earlier this year) Former Barclays boss Bob Diamond wanted to raise funds privately in the financial crisis to preserve his own job, a court has heard. Mr Diamond reportedly told a meeting “This is all about …

March 5, 2019
Morgan family sells control to venture capitalist group

Morgan family sells control to venture capitalist group

Image copyright Morgan Image caption The Morgan Plus Six has just been unveiled British sports car maker Morgan is to be sold to an Italian venture capitalist firm. InvestIndustrial will take a majority stake for an undisclosed amount. The Morgan family, which has owned the company for 110 years, will retain a minority shareholding, with …

March 5, 2019
‘The most powerful Italian sports car ever made’

‘The most powerful Italian sports car ever made’

Automobili Pininfarina’s Battista “hypercar” is the fastest road legal car ever – and it’s electric. Chief executive Michael Perschke talks to the BBC’s Theo Leggett about why the company built the £2m battery-powered machine. Read Russell Hotten’s feature about the Battista here. Source by [author_name]

March 5, 2019
Viagogo faces new court action from competition watchdog

Viagogo faces new court action from competition watchdog

Image copyright Getty Images The UK’s competition watchdog is preparing for another round of legal action against ticket reseller Viagogo. The Competition and Markets Authority (CMA) says the site is still not complying with consumer protection rules, as backed by a court order. The Competition and Markets Authority (CMA) took Viagogo to court last year …

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