New boss says Heathrow a ‘national asset’ as losses narrow October 26, 2023 Heathrow Airport narrowed its losses significantly in the first nine months of the year, as passenger numbers rebounded from Covid-era lows.
UK car production reaches highest level in three years but post-Brexit tariffs loom October 26, 2023 The number of cars built in the UK increased by almost 40 per cent last month, driven by a rise in exports, figures show.
Former British Airways chief: Gatwick must improve on air traffic disruption October 25, 2023 British Airway's former chief executive has described recent air traffic incidents at Gatwick Airport as "very poor."
Ford, Volkswagen and BMW ask Europe for delay to ‘cliff-edge’ post-Brexit tariffs October 25, 2023 Chief executives at a slew of major European carmakers have called for an "urgent" delay to looming post-Brexit tariffs on electric vehicles.
Shareholders wave through Lithia’s £397m Pendragon takeover October 25, 2023 Pendragon said today that 99 per cent of voting shareholders had backed the £397m sale of its UK motor business to Lithia.
Boeing cuts 737 deliveries amid latest defect October 25, 2023 The US planemaker now expects to deliver between 375 and 400 Boeing 737 airplanes this year, down from 400 to 450.
Troubled used car seller Cazoo warns of ‘volatile’ demand as revenues halve October 25, 2023 Used car seller Cazoo's revenues halved in the third quarter amid a restructuring programme following years of share price struggle.
Car insurance costs soar at record rates with London worst affected October 25, 2023 The average cost of car insurance skyrocketed 61 per cent in the year to August, as inflation jacks up the price of repairs.
Porsche defies economic gravity as luxury cars outpace recession fears October 25, 2023 Porsche reported a jump in sales and profits thanks to strong performances from its bestselling Cayenne series and all-electric Taycan.
Seat and Cupra chief: There’s a ‘perfect storm’ ahead for European carmakers October 25, 2023 City A.M. sits down with Seat chief Wayne Griffiths to discuss the European car industry and Cupra's roaring success.