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Attempt to secure pre-pack administration deal comes as government officials step up planning for its collapseSanjeev Gupta is preparing a last-ditch attempt to save the remaining arm of his Liberty Steel business as government officials step up planni…
Carmaker says US-UK trade deal now in place will reduce future impact of levy after quarterly profits fall 49%Jaguar Land Rover’s profits almost halved in the last quarter as the impact of US tariffs and declining sales rocked the luxury car manufactur…
Fall in operating profits also due to losses on electric car sales in US but drop is less than manufacturer estimatedBusiness live – latest updatesThe Japanese carmaker Honda has reported a 50% drop in quarterly profits as it counted the cost of Donald…
Carmaker avoids reporting a slump by sending three months’ worth of sales on last day of the quarter at levy of 10%Aston Martin scrambled to deliver three months’ worth of cars to dealers in the US within 24 hours as it rushed to qualify for lower tari…
Manufacturer cuts profit margin range for year as German car exports to US fall sharplyBusiness live -latest updatesThe German car manufacturer Volkswagen has said Donald Trump’s US import tariffs have cost it more than £1bn in the first half of the ye…
New vehicles declined 12% in first six months of this year as Trump’s tariffs caused chaos, SMMT figures showBritish car and van manufacturing slumped in the first half of the year to its lowest since 1953 outside the Covid pandemic, as Donald Trump’s …
Reviving line to Manchester and Leeds would help get lorries off roads and cut emissions, according to lobby groupManufacturers will press ministers today to resurrect plans for a high-speed rail line reaching Leeds and Manchester as part of a large st…
Union had raised concerns about hundreds of assembly line jobs at defence company’s factory in LancashireThe British weapons manufacturer BAE Systems has said it is confident of receiving further export orders for the Typhoon fighter jet, a development…
Port of Antwerp-Bruges figures show 15.9% drop in export of cars, vans, trucks and tractors to USThe Port of Antwerp-Bruges has been turned into a giant car park with thousands of cars, vans, trucks and tractors bound for the US sitting idle as manufac…
Exclusive: Speciality Steel UK, which employs 1,450 people in South Yorkshire, could be supported if it enters administrationMinisters are considering options to step in to save another major steel plant if its parent company collapses into administrat…