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Honda to close UK car plant as Brexit looms

2 hours ago DieselGasoil Comments Off on Honda to close UK car plant as Brexit looms
LONDON/TOKYO (Reuters) – Honda will close its only British car plant in 2021 with the loss of up to 3,500 jobs, a major departure of Japanese investment announced just over a month before the United Kingdom is due to leave the European Union. The Japanese firm, which builds a tenth of Britain’s 1.5 million cars Read More

Volkswagen customer plans to take diesel (gasoil) case to Germany's highest court

3 hours ago DieselGasoil Comments Off on Volkswagen customer plans to take diesel (gasoil) case to Germany's highest court
BERLIN (Reuters) – A German court on Tuesday ruled in favor of Volkswagen in a case brought by a customer seeking compensation for having bought a diesel (gasoil) car affected by emissions cheating, but the plaintiff’s lawyer plans to appeal. FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel Read More

Volkswagen wins appeal against diesel (gasoil) car owner: German court

4 hours ago DieselGasoil Comments Off on Volkswagen wins appeal against diesel (gasoil) car owner: German court
FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker/File Photo BERLIN (Reuters) – A German court on Tuesday ruled in favor of Germany’s biggest carmaker Volkswagen in a case brought by a customer seeking compensation for having Read More

Global shares slip from four-month high, Swedish crown slumps

4 hours ago DieselGasoil Comments Off on Global shares slip from four-month high, Swedish crown slumps
LONDON (Reuters) – European and Asian shares hovered near four-month highs on Tuesday as investors took heart from some progress in Sino-U.S. trade talks, while the yen dribbled lower as Japan’s central bank said it could ease policy again. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Read More

Honda to close only British factory, says move not Brexit related

5 hours ago DieselGasoil Comments Off on Honda to close only British factory, says move not Brexit related
Honda Motor Chief Executive Takahiro Hachigo attends a news conference in Tokyo, Japan, February 19, 2019. REUTERS/Kim Kyung-hoon TOKYO (Reuters) – Honda Motor (7267.T) announced on Tuesday it would shut its sole British plant by 2021, a decision the Japanese automaker said was not related to Brexit but which Britain deemed deeply disappointing. Honda, which Read More

Honda says to close only British factory in 2021

6 hours ago DieselGasoil Comments Off on Honda says to close only British factory in 2021
Honda Motor Chief Executive Takahiro Hachigo attends a news conference in Tokyo, Japan, February 19, 2019. REUTERS/Kim Kyung-hoon TOKYO (Reuters) – Honda Motor said on Tuesday it will shut its only plant in Britain in 2021, a decision the Japanese car maker said was based on changes in the global market and not related to Read More

Environmentalists seek tougher EU curbs on Balkan coal power plants

6 hours ago DieselGasoil Comments Off on Environmentalists seek tougher EU curbs on Balkan coal power plants
SARAJEVO (Reuters) – Environmentalists urged EU policy makers on Tuesday to take a tougher stance on air pollution from coal power plants in the Western Balkans, blaming the fumes for 3,900 deaths across Europe each year. FILE PHOTO: Smoke rises from coal-fired power plant in Obilic near Pristina, Kosovo November 1, 2018. REUTERS/Hazir Reka/File Photo Read More