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Albion sees sales slump after changes in emission rules

2015-10-07 04:18:03| Automakers - Topix.net

ALBION Automotive has reported a 24 per cent slump in turnover as it cited the impact of new European regulations on diesel emissions for trucks and buses. Glasgow-based Albion, which manufactures axles for buses, trucks and cars, booked turnover of A 30.4 million in the year ended December 31, down from A 39.9m the year before.

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JCB to cut 400 jobs due to market slump

2015-09-21 16:42:22| BBC News | Business | UK Edition

Digger maker JCB is to cut 400 jobs over the coming weeks after a "dramatic" slow down in world markets.

Tags: due jobs market cut

 
 

Mortgage lending back from slump

2015-09-17 12:02:18| BBC News | Business | UK Edition

Mortgage lending in the first eight months of the year has exceeded annual lending as a whole during the credit crunch.

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Even TransCanada bond hit by oil slump

2015-09-17 02:59:24| Oil & Gas - Topix.net

Investor aversion to the slumping energy industry is so strong that even some debt of TransCanada Pipelines Ltd., the highest-rated Canadian pipeline business, is being shunned. A TransCanada investment-grade bond is trading with an 18-per-cent yield to call that's in line with companies rated in the lowest portion of junk, which usually signals that credit raters are expecting a default.

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Nissan boosts Leaf electric car driving range by 27% amid slump

2015-09-12 12:47:40| Auto Dealers - Topix.net

While the Leaf remains the world's best-selling electric car this year, sales have fallen 15 per cent in the first seven months as the model ages and cheaper gas reduces potential savings on fuel. - Bloomberg file picture TOKYO: Nissan Motor will extend the driving range of its Leaf electric car by 27 per cent, aiming to reverse a sales slide as Tesla Motors and Toyota Motor introduce new models for green vehicle buyers.

Tags: range car driving electric

 

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