Ford to cut 7,000 jobs including more than 500 in UK
US carmaker announces plans to reduce global workforce by 10% by the end of August Ford is to cut at least 7,000 jobs, including about 550 in the UK, as it presses ahead with…
Category Archives: Automotive News
Tata’s Jaguar Land Rover back in the black for one quarter at least
In a reversal of fortunes that surely will please owner Tata Motors, Britain’s Jaguar Land Rover has booked a pre-tax profit after three consecutive quarters of red ink. Read full original article »
Carmaker Ford announces 7,000 job cuts
The US car giant says it will shed 10% of its global workforce by the end of August to cut costs. Read full original article »
Jaguar Land Rover reports record £3.6bn loss
Britain’s largest carmaker hit by weak Chinese market and falling diesel sales Jaguar Land Rover suffered the largest loss in its history last year, sinking £3.6bn into the red as it wrestled with a…
Leyland leaves past behind to show UK could become more productive
The truck maker has contributed to startling growth in production efficiency across one part of the north-west With the whirring shriek of a factory siren, the afternoon break at Leyland Trucks comes to an…
Electric dreams? What you need to know about Tesla’s Model 3
The electric car will be available in the UK soon. We look at costs and how it compares with rivals Launched with the intention of being Tesla’s first mass-market electric car, the new Model…
Trump cools trade war by lifting North American metal tariffs
Steel and aluminium imports from Mexico and Canada affected Trump pauses implementation of auto tariffs on EU and Japan The Trump administration moved to cool the simmering trade war with its major trading partners…
Borealis opens new PP compounding plant in North Carolina
Borealis, which supplies polyolefins and base chemicals to the auto plastics industry, has officially opened a new polypropylene (PP) compounding plant in Taylorsville, North Carolina, US. Read full original article »
New US auto related tariffs on hold for six months
President Trump has officially set a six-month deadline to negotiate national security issues with respect to imported automobiles and certain automobile parts from the European Union, Japan and any other country the US Trade Representative deems appropriate,…
Porsche SE boosts first quarter profit
Porsche Automobil Holding SE (Porsche SE) said first quarter group profit rose to EUR1.14bn from EUR0.95bn a year ago, an increase of around 20%. Read full original article »