Costas's Feed
Oct 30, 2015

Last British resident freed from Guantanamo Bay arrives in UK

LONDON (Reuters) – The last British resident to be held at the U.S. prison camp in the Guantanamo Bay naval base in Cuba arrived in Britain on Friday after his release from 13 years in detention there.

Shaker Aamer, a Saudi national married to a Briton, was suspected by U.S. authorities of being an Islamist militant associated with al Qaeda but was never charged with any crime.

Oct 28, 2015

Dulux paint maker Akzo urges Britain to stay and improve EU

LONDON, Oct 28 (Reuters) – AkzoNobel, one of
Europe’s largest firms, on Wednesday urged Britain to stay in
the European Union and fight to improve it, saying the country
was too important to be outside the world’s largest trading

Few high-profile executives have spoken out on Britain’s
position in Europe ahead of a referendum due before the end of
2017, with many reluctant to be seen to be scaring the public
over the possible implications of a withdrawal.

Oct 22, 2015

GM’s Vauxhall may need to recall Zafira cars after fires reported

LONDON, Oct 22 (Reuters) – Vauxhall may need to recall tens
of thousands of its Zafira mid-sized cars after reports of fires
in some heating and ventilation systems, the General
Motors-owned British carmaker said on Thursday.

The company, which between 2005 and 2014 built 280,000 of
the Zafira B models which customers have reported problems with,
said a previous A range and the new Zafira Tourer lineup were

Oct 22, 2015

China’s BYD may pick UK to first sell hybrid cars in Europe

LONDON (Reuters) – Chinese automaker BYD could find a route into the European passenger car market by selling plug-in hybrid electric vehicles in Britain, the firm’s boss in Europe told Reuters.

Several Chinese brands, including BYD, have already tried to sell vehicles to European consumers but failed to make headway partly due to perceptions around the quality and safety of Chinese brands.

Oct 16, 2015

European car sales up 9.8 percent in September – ACEA

LONDON, Oct 16 (Reuters) – Strong demand for German cars
helped lift European sales in September, industry data showed on
Friday, contributing to the 25th consecutive month of growth in
the European Union.

Nearly all manufacturers sold more cars in September this
year compared with last year but BMW, Daimler
and Volkswagen had the biggest numerical
rises and their sales increases were also among the five biggest
by percentage among the major volume brands.

Oct 13, 2015

Aston Martin narrows down options for new plant location

LONDON (Reuters) – British luxury carmaker Aston Martin, which is planning to expand models and volumes, has narrowed down the options for where it will build a new plant, its boss told Reuters on Tuesday.

CEO Andy Palmer said sales of its current line-up fell to 3,661 models in 2014 from around 4,200 in 2013 and that in 2015 the number would only be “slightly above” last year’s levels.

Oct 12, 2015

VW began selling cars in UK with cheat software in 2008: boss

LONDON (Reuters) – Volkswagen (VOWG_p.DE: Quote, Profile, Research, Stock Buzz) first sold cars in Britain equipped with software that could emissions tests in 2008, its UK boss said on Monday, but he shed little light on the root cause of the scandal.

Europe’s largest automaker has admitted rigging diesel emissions tests in the United States, and Germany’s transport minister says it also manipulated them in Europe.

Sep 16, 2015

Britain’s pro-EU carmakers say plants not at risk from ‘Brexit’

FRANKFURT, Sept 16 (Reuters) – Britain’s foreign-owned
carmakers, strong supporters of the open markets created by its
membership of the European Union, would not shut their plants
were the country to leave the bloc, though future investment
could be at risk, executives told Reuters.

Prime Minister David Cameron has promised a referendum on
membership of the 28-member European Union (EU) by the end of
2017 with many expecting the vote to come as soon as next year.

Sep 15, 2015

Jaguar Land Rover expects North American sales to jump

FRANKFURT (Reuters) – Sales of Jaguar Land Rover vehicles in North America will most likely rise by more than 14 percent this year, higher than the current year-to-date growth, the luxury British carmaker’s chief executive for the region said on Tuesday.

The automaker, owned by India’s Tata Group (TAMO.NS: Quote, Profile, Research, Stock Buzz) since 2008, has seen sales in China dive 29 percent but has recorded strong growth in the United States and Canada, helping to compensate for the downturn.

Sep 11, 2015

Weak UK construction data adds to signs of cooling growth

LONDON, Sept 11 (Reuters) – The amount of new housing built
in Britain fell for the first time in more than two years in
July, despite rising house prices, driving a broader decline in
construction that adds to signs that the country’s economy is

The official figures on Friday contrast with bumper profits
reported by house-builders and follow weak manufacturing figures
which have raised questions about whether growth is cooling as
the Bank of England comes nearer to raising interest rates.