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Chinese co invests in Tesla

Chinese tech giant Tencent has invested £1.4bn in Tesla giving it a five per cent stake in the business. Tencent, one of Asia’s largest technology firms and best known for […]

AutoRaise backs IPPR’s stance

Reforms to apprenticeship funding are ‘an opportunity for employers to take back control’ according to the accident repair industry skills champion, AutoRaise. AutoRaise – the vehicle repair industry charity – […]

Nationwide names 2017 charity partner

Nationwide has announced that its corporate charity partnership for 2017 will be UK Air Ambulances. It will be fundraising for the 21 Local Air Ambulances Services across the country, who […]

Regulation to sway automotive future

Regulation as much as customers will determine the future of the automotive industry, according to a new report published by global management consultancy Arthur D. Little (ADL). Its study, The […]

AA motor insurance climbing

The AA has reported its first increase in motor policies since 2008. This is partly a result of new sales generated by its in-house underwriter, which it set up last […]

Global firm invests in UK cleantech company

A Northumberland cleantech company has signed a multi-million pound deal with global engineering firm GKN Hybrid Power to help develop its EVO Motors system. Avid Technology Limited designs and manufactures […]

Customers turning away from diesel

Almost two-thirds of consumers have been put off buying a diesel car because of negative emissions. A survey conducted by Carbuyer.co.uk found that 61% of respondents said negative reports about […]

Transport SMEs on the rise

The transport and distribution sector has seen a 22% rise in the number of SMEs since 2010 according to the latest study from specialist challenger bank Hampshire Trust Bank. The […]

CMA to take second look

The Competition and Markets Authority (CMA) is to undertake another look into the workings of price comparison websites. An updated paper on its market study into digital comparison tools (DCTs), […]

AkzoNobel sets out plans

AkzoNobel will raise its financial targets and detail plans for its chemicals division next month in the wake of PPG’s interest in the business. According to Reuters the business said […]

Warwick engineering links with China

The University of Warwick’s School of Engineering has become part of a new government funded partnership of UK Russell Group Universities with the top nine engineering institutions in China. The […]

The Eagle has landed

British sporting hero Eddie ‘The Eagle’ Edwards will be special guest at this year’s Prescott Bike Festival. Taking place on Sunday 9 April to support the Blood Bikes, Prescott Bike […]