Transport

Official figures show that the demand for electric cars has dropped sharply, as drivers have shifted to petrol and hybrid vehicles. According to the Society of Motor Manufacturers and Traders, (SMMT), last month saw a decline in the…

Tesla reported its first quarterly drop in deliveries in almost four years. The company also missed Wall Street's estimates. This is a sign the price reductions are no longer having the desired effect as it battles increased competition and…

As part of its efforts to improve service, the intercity train operator Avanti struck an overtime agreement with drivers. This could bring their average annual salary to nearly £100,000. The operator of the services on west coast…

Transport Secretary threatens "robust" sanctions amid fears that low-cost models may flood Europe The Transport Secretary said that Britain would use "robust" sanctions to stop China from flooding car markets with cheap electric…

In South Carolina, a Boeing whistleblower was found dead. He had been giving testimony in a suit against the company. John Barnett, who retired in 2017 from Boeing after 17 years' service, later claimed that the company had serious…

EasyJet founder, Sir Stelios Ioannou, has declared a truce in his long-running dogfight with airline "scoundrels" that culminated in an unsuccessful boardroom coup. Haji-Ioannou has admitted that his spat with easyJet's chief executive…

Christian Scherer, Airbus's chief executive officer, has pioneering in his blood. Christian Scherer, the man who runs the world's largest aircraft manufacturer, was only ten years old when he saw his father fly Airbus's very first aircraft…

Airbus expects to deliver about 800 planes this year, 65 more than last year, it said on Thursday as it reported an increase in profits and strengthened its position as the world's largest aircraft-maker. The European aerospace company…

Siemens' decision to shift more work for London Underground from Germany to the UK will result in a much busier factory than anticipated when it begins production in spring. Siemens was awarded a £1.5 billion contract in 2018 to replace…

Uber Technologies reported its first annual operating profit in history. The demand for its ride-sharing business, advertising, and food delivery was a major factor. The company's operations generated $1.1 billion of income in 2023. This…

Last month, the number of zero emission vehicles sold to private purchasers fell by 25%. The Society of Motor Manufacturers and Traders' (SMMT) latest figures have prompted it to reduce its forecasts for the percentage of the market that…

EasyJet expects its losses to be lower than the record-breaking deficit of last year, despite the £40 million hit caused by the suspension of flights to the Middle East. Budget airline shares rose to a near 18-month high on the back of…

Elon Musk wants more control over Tesla, as it pushes the company into advanced technologies beyond car manufacturing. In a tweet on his platform Twitter/X he wrote, "I'm uncomfortable growing Tesla into a leader in AI and robotics…

Heathrow Airport, Britain's international gateway, is facing further turmoil as investors who own 35 per cent of it have announced that they will be selling. Ferrovial, the largest shareholder in the airport, sold its 25% stake to the…

Eurostar was reprimanded by regulators for "misleading' adverts, after they found that only a small percentage of tickets were sold at the promised £39. , the train company, urged customers to "treat themselves to a European getaway…

Transport for London warned Monday of a funding shortage after only receiving half the grant they had requested from the central government in order to keep the capital’s transport network operating next year. The £250mn bailout is the…

A broker in the City stated that the UK's biggest rail operator could suffer a £1bn loss in revenue due to Labour's proposal to bring train networks back under public control. Peel Hunt analysts have reduced FirstGroup's projected rail…

Heuro has been in discussions to run 15 trips per day between Amsterdam & London A Dutch startup is getting ready to compete with Eurostar in the Channel Tunnel. Heuro hopes to launch its rail service in the next five to…