Bentley to develop first electric car as part of £2.5bn green push January 26, 2022 Bentley has announced the development of its first battery-powered electric vehicle as part of a 10-year sustainability push worth £2.5bn. The luxury car maker added that the first vehicles will be ready in three years’ time, as the company plans to become carbon neutral by 2030. “We are already marking the pinnacle in luxury car [...]
CMA launches probe into £1.9bn merger between National Express and Stagecoach January 26, 2022 The UK competition watchdog said this morning it has launched an investigation into the £1.9bn merger between National Express and Stagecoach due to concerns over the tie-up. The Competition and Markets Authority (CMA) said it had served a so-called initial enforcement order, which stops the companies from fully combining while it considers the deal. Stagecoach [...]
Former IAG boss Wille Walsh condemns Airbus-Qatar Airways row January 25, 2022 Willie Walsh, former boss of British Airways’ owner IAG and now at the helm of the International Air Transport Association, has condemned the ongoing row between Airbus and Qatar Airways. Weighing in on Airbus’s decision to revoke Qatar Airways’ order of 50 A321 planes, Walsh said it was a “new and worrying development,” telling Reuters [...]
Lamborghini lags behind rivals rolling out first fully-electric car in 2030 January 25, 2022 Italian luxury car maker Lamborghini has announced its first fully electric car – a coupe SUV – will be rolled out in 2030. “Our car will perform at the highest level, but with the peculiarities of an electric vehicle,” the car maker’s chief executive Stephan Winkelmann told Italian news agency ANSA. “It will take some [...]
Analysts forecast record revenues and possible supply chain issues ahead of Tesla results January 25, 2022 Ahead of tomorrow’s full year results, analysts have forecast that while Tesla’s revenue are expected to skyrocket, the car manufacturer could not be exempt from supply chain issues. “I would not be surprised if Tesla has some significant manufacturing challenges, producing the new vehicle structures and new batteries in high volumes,” Sam Abuelsamid, analyst at Guidehouse Insights, [...]
Volkswagen and Bosch join forces to develop hands-free software by 2023 January 25, 2022 Volkswagen and Bosch have announced they will work on the development of a self-driving software that will be installed on vehicles from 2023. Using data from Volkswagen, Bosch and Cariad – the car maker’s software subsidiary – will develop a level 2 system to enable hands-free driving in cities, motorways and rural areas. A level [...]
Canary Wharf becomes latest Elizabeth line’s station to join TfL January 25, 2022 Canary Wharf has become the latest and penultimate station on the Elizabeth line to be transferred from Crossrail to Transport for London (TfL). “This is the ninth station to be handed over to TfL and marks another big milestone for the Elizabeth line before it opens for passengers in the first half of this year,” [...]
Lufthansa mulls over participation in MSC acquisition of Alitalia’s successor ITA January 25, 2022 German carrier Lufthansa is reportedly deciding whether to participate in the acquisition of Italian airline and Alitalia’s successor ITA with shipping giant MSC. Lufthansa confirmed to Reuters it was in talks with the Swiss shipping company to become a partner in the deal. “We will use the next 90 days to explore all possible options [...]
Going Dutch: Motorists who open door with wrong hand to be fined up to £1,000 January 25, 2022 Motorists who open their car’s door with the wrong hand will risk being fined up to £1,000. Under the new High Code’s updates – coming into force from Saturday – motorists are forced to use the ‘Dutch Reach’ manoeuvre, which requires drivers and passengers to get out of their cars using the hand “on the [...]
Clock is ticking: Govia Thameslink in rush to avoid nationalisation January 25, 2022 Govia Thameslink, one of the UK’s biggest train operators, is reportedly rushing to secure a contract with co-owner Go-Ahead, in an effort to avoid nationalisation. Nationalisation plans were proposed after Go-Ahead failed to file its financial results on Monday – the second time since the Southeastern rail scandal, when the group admitted serious errors and [...]