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UK car manufacturing hits six-year high in 2013
Thu, 23 Jan 2014UK car manufacturing hits six-year high in 2013 The car market in Europe may have been a painful place in 2013, but that hasn’t stopped UK car manufacturing continuing to grow, with 2013 delivering a total of 1,509,762 cars – the highest total since 2007 and up 3.1 per cent on 2012. That impressive total is made up from a wide variety of car manufacturers, from the volume producers like Jaguar Land Rover, Nissan, Toyota and MINI to smaller sales volume from supercar makers Aston Martin. In fact the rate of growth and investment is so strong – moire than £2.5 billion in investment announcements in 2013 – that the Society of Motor Manufacturers and Traders (SMMT) are reporting that analysts believe the UK’s car manufacturing could break all-time records in the next four years.
GM files plan for stock offering
Wed, 18 Aug 2010General Motors Co., moving to unwind itself from government control, on Wednesday filed plans to go public and begin selling common shares as early as this fall. The filing--anticipated for weeks--came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government.
'Outside the Oval' art exhibition showcases Ford Australia design team's creativity
Wed, 24 Sep 2014Members of Ford's Melbourne design team have created over 30 works of art for a new exhibition. Called Outside the Oval, the event is normally held internally, as an opportunity for the design team to explore creative pursuits that may have previously been limited to their spare time. However, this year it will be opened to the public for the first time, with artworks including sculpture, 2D paintings and digital art.