Boeing’s revenue falls almost 50% since 2018 to $58.16bn
Boeing is one of the biggest companies in the world, but the airline giant has had a very tumultuous last couple of years. Even before 2020’s coronavirus pandemic, the company...
Rolls-Royce Motor Cars reports record first quarter results
Rolls-Royce Motor Cars has delivered the highest-ever first quarter sales results in the compay’s 116-year history in the first three months of 2021. Between 1 January and 31 March, the...
CMA clears Uber and Autocab deal
The CMA has announced that it has cleared Uber’s purchase of Autocab, following a Phase 1 merger investigation. The CMA (Competition and Markets Authority) opened its Phase 1 merger investigation...
Caterham Cars acquired by Japan-based automotive group VT Holdings
Caterham Cars has been acquired by Japan-headquartered automotive group, VT Holdings, from businessmen, Tony Fernandes and Kamarudin Meranun. The company assumes custodianship of the British sportscar brand having been the...
Over £30m investment to boost batteries and hydrogen vehicles
Pioneering research into battery technology, the electric vehicle supply chain and hydrogen vehicles is to be backed by over £30m of government funding, Minister for Investment Gerry Grimstone has announced....
Kumho announces appointment of new CEO
Kumho Tire has appointed Il Taik Jung as its new President and CEO. Having joined the company in 1988, Jung previously held a number of senior positions, including head of...
Norton Motorcycle Co appoints Sir Ralf Speth to Board of Directors
The Norton Motorcycle Co Ltd have appointed Sir Ralf Speth to the Board of Directors of its parent company, TVS Motor Company. The experienced automotive global business leader will join...
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