Category : Search result: automotive investment


Trump's 25% Tariff on Hyundai & Kia Stuns Markets

In a dramatic escalation of his immigration policy, former President Donald Trump has announced a staggering 25% tariff on all Hyundai and Kia vehicles entering the United States. The move, which sent shockwaves through financial markets, is a direct reta

NY halts Hyundai business over child labour scandal

New York Governor Kathy Hochul takes a stand against Hyundai's alleged use of child labour in its US supply chain, suspending all state business with the automotive giant pending a thorough investigation.

Scotland's £500m Green Energy Investment in Highlands

The Scottish Government is spearheading a massive £500 million investment in the Highlands and Islands' green energy sector, partnering with a US private equity firm to create sustainable jobs and boost the local economy.

Social Media 'Car Envy' Costs UK Drivers Billions

Exclusive: A shocking new trend sees UK drivers spending billions on unnecessary car upgrades and modifications, driven by social media envy and 'keeping up with the Joneses' online. Experts warn of a personal finance crisis on our roads.

Hyundai defies Trump, keeps Georgia EV plant on track

South Korean automotive giant Hyundai Motor confirms it will continue operations at its massive electric vehicle plant in Georgia, despite former President Donald Trump's threats against automakers employing union labour.

UK Car Production Crashes to Lowest Level Since 1980s

UK car manufacturing output nosedived in 2023, hitting a multi-decade low. Brexit trade barriers and a crippling global semiconductor shortage are blamed for the steepest annual decline in production since the 1980s.

Ireland's Israeli Securities Sale Sparks Diplomatic Row

Ireland's controversial €13 million sale of Israeli securities, prompted by human rights concerns, has ignited a political firestorm, drawn criticism from Israel, and raised questions over the strategic management of the €16 billion National Treasury Mana

Dubai Fund Takes Major Stake in London Stock Exchange

Dubai's sovereign wealth fund secures a 10.3% stake in LSEG, marking a significant Middle Eastern investment in the heart of the UK's financial infrastructure and raising questions about foreign influence.

Lotus Slashes UK Jobs, Blaming Trump Tariffs

British sports car maker Lotus is slashing a significant number of jobs at its UK headquarters, citing the severe impact of new US tariffs. The move sends shockwaves through the already struggling British automotive sector.

Iconic British car brand set for shock revival

In a stunning revival, a beloved British car marque is poised for a dramatic comeback, with plans to resurrect its iconic miniature vehicles, safeguarding UK jobs and electrifying the automotive industry.

Lotus to Cut 200 Jobs in Major Electric Vehicle Restructure

Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.

Car salesman: Never bring family to dealerships

A seasoned car salesperson reveals the tactics dealerships use against families and shares expert advice on how to secure the best deal. Discover why emotional attachments cost buyers thousands.

West Ham Women in US private equity investment talks

West Ham United's women's team is in exclusive negotiations with a US private equity firm for a significant strategic investment, signalling a major shift in the landscape of women's football ownership and finance.

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