As they prepare to fly off this summer, thousands of holidaymakers are going to be horrified by the cost of airport parking. Stop reading if you do not want to
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The UK Transport Secretary has called for train companies to “take immediate action” to improve reliability, while launching an investigation into the “worse performance” of Britain’s railways. Louise Haigh, the
Tesla’s deliveries surpassed Wall Street expectations Tuesday, as its price cuts and incentives stimulated demand. Elon Musk’s carmaker delivered 443,956 cars in the three-month period ending June. This is a
Boeing has agreed with Spirit AeroSystems to purchase the company in an all-shares deal worth $4.7 billion as it attempts to overcome its production crisis. Spirit, a Boeing spin-off from
Coach USA, the parent company of the Megabus brand and several commuter bus lines connecting New York and New Jersey, filed for Chapter 11 bankruptcy on Wednesday. The company, which owes between 100 and 500 million to creditors, made the filing in Wilmington, Delaware.
FirstGroup the British transport operator applied for two additional “open access” services, outside of the main train operating contract. The government is trying to reduce fares and increase competition in
BYD, the Chinese electric car giant, first entered the British automobile market. It’s now taking on the traditional London bus makers. Sources said that the Go-Ahead Group will award a
Virgin Group, Sir Richard Branson’s company, is returning to Britain’s railways. The Virgin Group will launch services on the mainline west coast route — the route the billionaire had been
Eurostar is planning to purchase up to 50 new trains, and it’s considering adding more international routes to London in order to capitalize on the “huge demand” of rail travel
Private motorists are continuing to avoid the zero-emission car market. At the beginning of the year, the Society of Motor Manufacturers and Traders predicted that 24 percent of all new
After a series of intense discussions with the Transport Secretary, Alstom secured a vital new order After a series of crisis talks, the largest train factory in Britain will be
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,
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
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
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
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
