Transport and Logistics Network
Citigroup is to cut 20,000 jobs after the Wall Street bank suffered its worst quarterly loss since the financial crisis. The company will cut about 10pc of its workforce over the next two years as part of drastic measures to strip out costs. Citi,…
Administrators have been appointed to TXM Plant Ltd (Image credit: Pixabay)
About 150 employees have been made redundant at a Wigan-based supplier of road-rail vehicles, it has been confirmed.
TXM Plant Ltd, Equipment and Track Solutions Ltd and Bacch…
The Ford Puma was the UK’s bestselling car of 2023, according to official figures.
Annual figures from industry body the Society of Motor Manufacturers and Traders (SMMT) show that 1.9m cars (across all cars and fuel types) were registered in 2023, com…
US rental giant Hertz is selling off thousands of Teslas as weak demand forces it to replace 20,000 electric cars with petrol-powered vehicles.Hertz said it would sell the vehicles over the next year and expected to take a $245m (£193m) hit as it …
2 mins read
11 January 2024
Volkswagen is preparing to launch a 282bhp hot version of the ID 3[1] that will serve as an electric equivalent to the Golf GTI[2].
The electric hot hatchback builds on plans first aired by Volkswagen[3] with the unveiling…