May
2009
Articles from 6th May 2009
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BMW surprise on losses
May 06 2009 | Automotive Business
Shares in BMW rose by seven per cent in Germany after the world’s biggest premium carmaker reported a smaller than expected first quarter financial loss. Read
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LDV workers warned over job losses
May 06 2009 | Automotive Business
Hundreds of workers at vanmaker LDV have been warned there is no guarantee all their jobs will be saved, despite a last-minute rescue to prevent the firm going bust. Read
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Vauxhall jobs plea to Brown
May 06 2009 | Automotive Business
Gordon Brown reiterated his determination to help Jaguar Land Rover and other UK-based carmakers after being asked to do “everything possible” to safeguard the jobs of workers at Vauxhall amid speculation about a possible takeover. Read
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LDV saved as Government approves £5m loan for Weststar takeover
May 06 2009 | Automotive Business
Thousands of jobs have been saved after the Treasury stepped in to provide a last-minute £5 million loan for Birmingham van-maker LDV. Read
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Tata fury at conditions of Government's loan to Jaguar Land Rover
May 06 2009 | Automotive Business
Jaguar Land Rover is facing a fresh crisis amid accusations that the Government has turned its back on the luxury carmaker. Read
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Jaguar Land Rover - the final betrayal?
May 06 2009 | Automotive Business
It is now becoming obvious that the mandarins who control the nation’s finances have no serious intention of helping Jaguar Land Rover. Read
