News

VW causes fall in Porsche profits

Profits at Porsche, which owns a controlling stake in Volkswagen, have plunged in the wake of the diesel emissions scandal at VW. Porsche’s pre-tax profit more than halved to €1.19bn […]

Tesla rival plans EVs for 2017

New US start-up company Faraday Future plans to start building electric cars by 2017, it has been revealed. Backed by a Chinese billionaire, the firm is set to take on […]

VW offers goodwill gesture in US

Motorists in the US affected by the Volkswagen diesel emissions scandal have been offered a goodwill gesture. VW’s offer will see customers in America receive vouchers and gift cards worth […]

ADLV reports surge in licence checks

The ADLV (Association for Driving Licence Verification) has reported a surge in online commercial checking from vocational fleets following the abolition of the paper driving licence counterpart in July this […]

S&P raises Ageas Insurance rating

Standard and Poor’s (S&P) has raised the rating of Ageas Insurance Limited (AIL) to ‘A’ with a stable outlook, confirming confidence in the financial strength of the business. The announcement […]

Euro NCAP tests AEB

European safety organisation Euro NCAP is introducing a new test that will check how well vehicles autonomously detect and prevent collisions with pedestrians. With new vehicles offering more autonomous driver […]

IMI to deliver MOT testing qualification

IMI, the leading awarding organisation for automotive qualifications, will be delivering new qualifications for DVSA MoT testers and MoT managers and continual assessment process across their network of IMI training […]

VW board agree on plan of action

The CEO of Volkswagen, Matthias Müller, and the chairman of the Group Works Council of Volkswagen AG, Bernd Osterloh, agreed on the further procedure for investment and capacity planning. A series […]

Toyota to invest £1 billion in AI

Toyota announced at a press conference in Tokyo that it will establish a new company, Toyota Research Institute Inc. (TRI), as an R&D enterprise with an initial focus on artificial […]

Zurich announces 440 job cuts

Zurich today announced proposals to cut up to 440 jobs in its UK general insurance business as part of a programme to reduce costs in the organisation and simplify its […]

GEM offers winter safety advice

Road safety organisation GEM Motoring Assist is offering simple tips for drivers to ensure trouble-free journeys this winter. Giving some attention now to batteries, tyres, anti-freeze, wipers, lights and other car […]