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Aston Martin to axe a third of jobs
Mon, 01 Dec 2008Aston Martin today announced 600 potential redundancies. It is consulting with the unions to lose 300 permanent jobs and 300 temporary staff By Tim Pollard Motor Industry 01 December 2008 14:00 Aston Martin announced at 2.00pm today that it is to cut a third of its UK workforce in a response to a slump in sales. The company, based in Gaydon, Warwickshire, said it today launched a consultation with the unions to cut 300 permanent jobs and 300 temporary posts – out of a total of 1850 employees.
Acura NSX laps Mid-Ohio
Mon, 05 Aug 2013It didn't have the production engine, nor the production exhaust (it was gloriously loud) and because there were safety vehicles on the track it wasn't able to go flat-out, but by golly there it was, a bright blue 2015 Acura NSX lapping Mid-Ohio just before the start of the Honda Indy 200. Being a production mule with any number of systems still under development, it couldn't be turned over to just any driver. So it was piloted by Jason Widmer, assistant large project leader for testing for the new NSX.
Bid to cut car insurance premiums
Thu, 12 Jun 2014THE COMPETITION WATCHDOG is proposing to impose a cap on replacement vehicle costs following motor accidents as part of a clampdown to help cut premiums for all drivers in the £11 billion private motor insurance market. The Competition and Markets Authority (CMA) said the cap on charges passed to the insurer of the driver who is at-fault in an accident for the cost of providing a replacement vehicle to the non-fault driver, would "more closely reflect the costs incurred and remove significant inefficiencies". The watchdog has previously found that the "complex chain" of claim costs following an accident collectively inflates premiums by as much as £200 million a year.