Enterprise Rent-A-Car creates almost 1,000 UK jobs as sales near £2bn Transport Almost 1,000 jobs were created by the UK arm of Enterprise Rent-A-Car as its turnover surged towards £2bn during its latest financial year.
New tariffs for UK exports to Canada after failure to secure post-Brexit deal exemption UK Politics New tariffs are set to hit British firms exporting to Canada from Easter Monday, after talks on extending the trade exemption failed.
Chinese battery firm nearing deal on UK’s biggest gigafactory TRANSPORT One of China's largest specialist electric car battery manufacturers is set to spend billions on the UK's biggest gigafactory, reports suggest.
New car market has strongest February in 20 years as firms invest in fresh wheels March 5, 2024 The UK's new car market has recorded its best February in two decades, according to the latest date from the SMMT.
Chris Packham to bring judicial review of government’s net zero rollback March 4, 2024 Chris Packham has been granted permission for a judicial review of the government’s decision to reverse some of its green policies.
Kemi Badenoch wants trade ‘barriers torn down’ at Abu Dhabi summit February 26, 2024 Kemi Badenoch is promoting tariff-free trade at a global summit in Abu Dhabi in a bid to see “more barriers torn down”.
Car industry plan could create 80,000 jobs, Labour says October 10, 2023 Labour have unveiled their plans for the car industry which they say could create 80,000 jobs, Jonathan Reynolds has said.
Arnold Clark: UK car dealership pays founders’ family £67m dividend October 2, 2023 Arnold Clark, one of the UK’s largest car dealerships, has given the surviving family of its billionaire founder £67m worth of dividends, according to the latest Companies House filings. The sum brings the total money the family has taken out of the business to £118m over the last two years and comes after a record [...]
Pendragon: Car dealership’s profits leap as it finds itself in three-way bidding war September 27, 2023 Car dealership Pendragon has posted higher half-year profits as the group finds itself at the centre of a three-way takeover tussle. Its half-year figures, which come just hours after it revealed a rival bid approach from US car retail giant Autonation, show pre-tax profits rising 10.6 per cent to £36.4 million in the six months [...]
Angry car makers: Delaying petrol and diesel ban will damage EV investment in UK September 20, 2023 Leading car manufacturers have urged the government to give clarity on its proposed row back on banning petrol and diesel cars, saying they’ve invested hundreds of millions to meet targets. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), said the policy change will cause “concern” among car makers. It has [...]