Volkswagen car deliveries drop nearly 20 per cent as new emissions testing hits October 9, 2018 The number of cars delivered by Volkswagen fell nearly 20 per cent last month due to the introduction of new emissions testing rules, the manufacturer said. A total of 485,000 vehicles were delivered throughout the world in September, 18.3 per cent down on the same month last year, with Europe experiencing a severe fall following the introduction of the [...]
Last call: Uber drivers to stage 24hr strike in London today October 9, 2018 Hundreds of Uber drivers are set to stage a 24-hour walkout across London today, in addition to protests in Nottingham and Birmingham, over workers' rights and demands for increased wages. The strike is being organised by the Independent Workers Union of Great Britain (IWGB), and is scheduled to begin at 1pm. A separate demonstration is also expected to be [...]
Mercedes sales drop in Europe as new emissions testing regime creates backlog October 8, 2018 European sales of Mercedes-Benz plummeted in September as the firm battled a vehicle testing backlog. Globally the company sold eight per cent less last month, with Europe especially badly hit, dropping by almost a tenth. Producers have been hit by a backlog caused by new European testing standards introduced on 1 September. Mercedes was particularly [...]
Airbus close to appointing commercial aircraft boss Guillaume Faury as next chief exec October 8, 2018 Airbus is close to appointing its plane-making boss Guillaume Faury as its new chief executive, according to reports today. Faury would step in for Tom Enders, who in December announced he would not stay on after his current term expires next year, having led the company since 2012. Airbus had promised to name his successor before the [...]
Jaguar Land Rover to shut Solihull factory for two weeks amid trade tensions and weak China demand October 8, 2018 Jaguar Land Rover (JLR) is set to shut down its Solihull plant for two weeks, blaming economic uncertainty and dampened demand for its cars in China. Staff will be sent home on full pay for a fortnight from 22 October as the British car manufacturer stops producing any vehicles, as it tries to match supply to [...]
Aston Martin shares slide again, as luxury brand’s stock continues to drop October 8, 2018 Shares in newly listed Aston Martin have fallen again on its first full day of trading, following a challenging week when the company fell short of its targeted valuation. At one point this morning the company’s stock was trading down 96p at 1,604p per share. Shares later recovered a little, down 5.4 per cent to [...]
Club 18-30: Sun sets on booze-fuelled party holidays as millennials look for social media friendly trips October 8, 2018 Club 18-30, the travel brand promising sun, sea and sex to teenagers going abroad without their parents for the first time, will close down at the end of the month after losing ground with millennials. Thomas Cook, which bought Club 18-30 in 1998, decided to end the brand after failing to sell it over the [...]
Crossrail faces handover to government if costs continue to rise October 7, 2018 The government could take over the reins of Crossrail from its fellow joint sponsor Transport for London (TfL) if a lid is not kept on the costs of the £15.4bn project. The Sunday Times first reported that in Crossrail's sponsor agreement, signed in 2008, there is a clause that entitles the Department for Transport (DfT) [...]
Uber revenue driven up but company warns over driver employments rights court battle October 7, 2018 Uber drove its revenue up by 61 per cent last year but warned an ongoing court battle over the employment status of its drivers could hurt its future finances. The private hire firm, which claims its drivers are self-employed, is fighting against an Employment Appeal Tribunal decision that drivers should be classed as workers with [...]
RMT weekend train strikes cause major disruption across the UK October 6, 2018 A 48-hour rail strike on South Western Railway (SWR) by the RMT Union has continued today, alongside a 24-hour walkout by workers on Northern rails. The SWR strike, which began yesterday morning and affects routes out of London Waterloo and Clapham Junction, has led the operator to run only around half of its normal services [...]
