BMW sets aside €1.4bn for EU competition fine
Global car sales were up fractionally on the same period last year but at a weaker margin.BMW said it would move to counter rising costs by cutting its engine and gearbox combinations by 50% and seeking €12bn in efficiency savings by the end of 2022.
Another carmaker slams the brakes on prospects for its UK workers if Britain leaves the EU without a deal.The company updated on its performance as the Society of Motor Manufacturers and Traders released the latest sales figures for the UK market. The SMMT also revealed just over 10,000 alternatively fuelled vehicles - electric or hybrid - left showrooms in April.
The body's chief executive, Mike Hawes, said:"While it's great to see buyers respond to the growing range of pure electric cars on offer, they still only represent a tiny fraction of the market and are just one of a number of technologies that will help us on the road to zero.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Italian town puts 500 abandoned homes up for sale for €1 eachMussomeli in southern Sicily has put 100 empty properties up for sale online for €1, or 85p, with another 400 expected to follow.
Read more »
Italian town puts 500 abandoned homes up for sale for €1 eachMussomeli in southern Sicily has put 100 empty properties up for sale online for €1, or 85p, with another 400 expected to follow.
Read more »
Italian town puts 500 abandoned homes up for sale for €1 eachMussomeli in southern Sicily has put 100 empty properties up for sale online for €1, or 85p, with another 400 expected to follow.
Read more »
Tiny Italian town in Sicily is selling homes for just 85pBARGAIN home hunters will find it hard to beat this deal – an Italian town is selling its homes for just €1 (85p). The local government in Mussomeli in southern Sicily, just a few hours’…
Read more »
Shocking moment two girls seen playing HAND GAMES on top of moving carThe shocking video shows the two girls sitting on the roof of a BMW SUV and playing hand games as it speeds along a busy motorway in Hechi, Guangxi. Police are investigating.
Read more »
Harrowing moment cyclist sent spinning in the air and left fighting for life by hit-and-run driver speeding on wrong side of the roadTHIS is the shocking moment a cyclist was sent flying and left fighting for his life after being mowed down by a speeding BMW driver on the wrong side of the road. Harrowing footage shows the black…
Read more »
Shocking moment two girls seen playing HAND GAMES on top of moving carThe shocking video shows the two girls sitting on the roof of a BMW SUV and playing hand games as it speeds along a busy motorway in Hechi, Guangxi. Police are investigating.
Read more »
Italian town puts 500 abandoned homes up for sale for €1 eachMussomeli in southern Sicily has put 100 empty properties up for sale online for €1, or 85p, with another 400 expected to follow.
Read more »
Italian town puts 500 abandoned homes up for sale for €1 eachMussomeli in southern Sicily has put 100 empty properties up for sale online for €1, or 85p, with another 400 expected to follow.
Read more »
Italian town puts 500 abandoned homes up for sale for €1 eachMussomeli in southern Sicily has put 100 empty properties up for sale online for €1, or 85p, with another 400 expected to follow.
Read more »
Tom Jones: Female fans STILL throwing knickers at The Voice star 78SIR Tom Jones shows he's still a Sex Bomb as his female fans hurl knickers and bras on to the stage at his latest gig.
Read more »