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      Yen weakens after Takaichi selects dovish candidates for Bank of Japan

      Japan Prime Minister Sanae Takaichi speaking at a press conference, highlighting her leadership and political agenda

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      Pro Climbing League leans into urban boom ahead of sold-out London launch

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Cars

  • As seen on Top Gear: first Tolman 205 GTI hits the road

    November 29, 2022

    Tested on Top Gear this week, the Peugeot 205 GTI Tolman Edition is a bespoke restomod hot hatchback. And this one has a heady 200hp...

  • Lewd comments to female staff behind resignation of Inchcape’s boss

    November 29, 2022

    Inchcape’s chief financial officer Gijsbert de Zoeten has reportedly quit after making lewd comments to female staff at a company event last week. Sources told the Sun his remarks were “the sort of behaviour that 20 years ago would have been brushed off but not today, and not from somebody in his position.” The incident [...]

  • Volkswagen’s boss ‘very concerned’ about EU losing industrial attractiveness

    November 28, 2022

    Volkswagen’s boss Thomas Schafer is very concerned about the EU and Germany losing their industrial attractiveness due to surging energy costs.  “We are treading water,” he wrote in a LinkedIn post on Monday. “I am very concerned about the current development regarding investments in the industry’s transformation.” According to Schafer – who has been at [...]

  • Finance boss at Inchcape quits after ‘personal behaviour falls short’

    November 28, 2022

    Inchcape’s chief financial officer has stepped down with immediate effect after displaying “personal behaviour falling short” of the company’s standards at a recent event.  Gijsbert de Zoeten quit over the revelations this morning, in a statement put out by the company, forfeiting his long-term incentive plans (LTIPs) as well as any bonuses. By contract he [...]

  • Volkswagen’s new boss makes strategy U-turn as giant focuses on getting ‘spirit’ back

    November 27, 2022

    Volkswagen’s new chief executive Thomas Schafer has made a u-turn in the company’s strategy, focusing on reducing “the portfolio of models” as well as introducing “proper vehicles.” “We need to get back our spirit, our heart, and create new iconic people’s cars,” Schafer told the Sunday Times.  The German manufacturer has been through a turbulent [...]

  • SMMT: Getting automotive back on track priority for 2023

    November 25, 2022

    Getting the automotive sector back on track is the top priority for 2023, according to the Society of Motor Manufacturers and Traders (SMMT).  Chief executive Mike Hawes warned that a return to pre-Covid production levels was fundamental, “given the jobs, exports and economic contribution the automotive industry sustains.” “UK car makers are doing all they [...]

  • UK motor insurers to make largest annual loss in a decade due to inflation

    November 25, 2022

    The UK motor insurance sector is set to make the largest annual loss in over a decade as a result of inflationary pressures.  Analysis published today by EY has forecast that net combined ratios will reach 115 per cent this year – the worst year since 2010 – going down slightly to 114 per cent [...]

  • F1 testing provider AB Dynamics ‘not impacted’ by UK financial turmoil

    November 23, 2022

    The UK’s current financial turmoil will not impact automotive testing system provider AB Dynamics, its chief executive James Routh said.  “The UK is typically about 2 per cent of our revenue, so the turmoil doesn’t really bother us too much,” Routh told City A.M. on Wednesday.  “Only when it comes to dealing with local inflation [...]

  • Porsche 911 GT3 RS review: Spoiler alert

    November 23, 2022

    Tim Pitt takes on the famous Top Gear test track in the new Porsche 911 GT3 RS. Should The Stig be worried?

  • Toyota GR86 review: Slide ruler

    November 18, 2022

    The Toyota GR86 is a brilliant, back-to-basics sports car offering raw driving fun. It's also very affordable – if you can actually buy one…

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