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Motor industry backs EU membership

MOTOR MANUFACTURERS have given strong backing for the UK staying in the European Union, citing benefits including business links and free movement of labour. A survey by the Society of Motor Manufacturers and Traders (SMMT) showed that 92% of automotive firms believed that staying in the EU would be best for their business, although most wanted to see reforms. The SMMT said its study showed how EU membership benefited the industry, such as access to a single market and funding for research and development.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.

Range Rover Westminster & upgraded Autobiography run-out models arrive

The Range Rover Westminster & upgraded Autobiography models arrive Land Rover has revealed the Range Rover Westminster to replace the Vogue and upgraded Autobiography models, marking the end of the current Range Rover. Back in 2001, when the last Range Rover was coming to the end of its life, Land Rover delivered the Range Rover Westminster as a run-out model. And here we are, ten years after the launch of the current Range Rover, and Land Rover has dusted off the Westminster moniker to signal the end of the current Range Rover.