Just weeks after taking control of Aston Martin the carmaker’s new owners are facing the prospect of a staff walk-out over pay. Workers may down tools at Gaydon A deal offered by the company was worth up to 6.75 per cent over two-years. The offer was rejected due to concerns about pay differentials of up to £2,500 between workers ...
Read More »EU car sales fall
The European new car market remained flat overall in the first two months of the year at just under 2.4 million units. Europe: Over a million units sold Just over 1.08m new passenger cars were registered in February 2007, representing a year-on-year decline of 2.5 per cent. According to the latest figures from Acea, of the five biggest markets ...
Read More »Aston Martin numbers to rise
Aston Martin has announced that both production and job numbers at its Gaydon headquarters will increase following Monday's sale.
Read More »Aston Martin is sold
Ford has ended months of speculation by announcing that it has sold its majority stake in Aston Martin, putting ownership back into British hands.
Read More »Aston Martin sale expected today
Aston Martin looks likely to return to British ownership this afternoon with reports suggesting a Welsh millionaire businessman is favourite to buy the luxury brand.
Read More »Ford dealers told not to haggle
Ford dealers will be told not to haggle over showroom prices on the forthcoming Mondeo as the brand introduces fresh showroom tactics in a bid to boost the image of the car
Read More »Rover to ride again alongside Land Rover?
Last autumn, cash-strapped Ford paid £11m to BMW for the rights to the Rover name.
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