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.
Capsules, hyperloops and magnetic propulsion: Could this be the future for freight shipping? October 24, 2023 The American research company HyperloopTT has unveiled its latest hyperloop technology, which it claims will revolutionise the sector.
‘Three bodies recovered’ after British cargo sunk near German coast October 24, 2023 German authorities reported "several missing" people after a British cargo collided with another ship in the North Sea.
Several missing after British-flagged ship sinks in North Sea following collision October 24, 2023 Two cargo ships have collided in the North Sea off the German coast and several people are missing, according to German authorities.
On the Beach calls for CMA to stop low cost carriers’ ‘aggressive tactics’ as long-running feud heats up October 24, 2023 A long-running feud between online travel groups and low-cost carriers is heating up, after On the Beach called on the CMA to step in.
Wizz Air UK chief: Sustainable aviation fuel’s journey to affordability will be ‘slow’ October 23, 2023 Wizz Air’s UK chief has warned it will be a “slow process” to make sustainable aviation fuels affordable, tempering hopes for the technology.
Police arrest a man over Luton Airport fire but believe blaze was likely an electrical fault October 23, 2023 The force said the man had been arrested several days after the fire and officers believe the blaze started when a diesel car, possibly a Range Rover, suffered an electrical fault or leaking fuel line.