Stellantis: Vauxhall owner threatens to quit UK over ‘stupid’ EV sales mandate June 25, 2024 Maria Grazia Devino, UK managing director, warned the carmaker would make a decision in "less than a year" on the future of its plants.
Vertu Motors warns of volatility in new car market despite ‘positive’ trading June 25, 2024 Vertu chief executive Robert Forrestor said he was "pleased to report that trading remains positive" despite concerns over the ZEV mandate.
Airbus shares plummet after planemaker fails to capitalise on Boeing woes June 25, 2024 Airbus shares rose as the crisis at Boeing kicked off in January. But now it looks like the hype may have been overblown.
Evri to swap cars for bikes in £19m sustainability drive June 24, 2024 It comes amid rumours that Evri’s private equity owners are prepping a mega £2bn sale of the company.
Wizz Air faces shareholder row over £15m exec payout plan June 23, 2024 Wizz Air is facing yet another shareholder row over plans to pay out millions to top executives without any performance strings.
Uber faces £1bn VAT showdown with HMRC June 23, 2024 Despite achieving its first full-year profit in February, Uber swung to a net loss of $654m (£524m) in the first quarter of this year.
London black cabs to return to Bank Junction following vote June 20, 2024 The decision will come into effect in Spring 2025 subject to approval from Transport for London (TfL).
Speedy Hire bounces back after securing £25m deal with leading UK infrastructure provider June 20, 2024 The deal between Speedy Hire and Amey Group will bring in up to £25m per year for the firm once it mobilises during the second half of the financial calendar.
Easyjet, Ryanair and Wizz Air slam EU plans to exempt long-haul flights from new emissions rules June 19, 2024 Three of Europe's biggest budget airlines have hit out at new draft EU proposals to exempt long-haul airlines from rules that would require them to monitor their non-CO2 emissions.
Speedy Hire profit tumbles as inflation bites June 19, 2024 Tool and machinery specialist Speedy Hire has reported a significant dip in profit amid cost inflation