Toyota Motor is aiming to halve the number of car models it sells at home by 2025, a person briefed on the matter said - the second time this month that a Japanese automaker has emerged with plans to sharply scale back in a shrinking domestic market. Car sales in Japan
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How VW plan to cut costs by creating a new car parts business
A Volkswagen logo is seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam ... plan could herald spin-off for car parts: analysts BERLIN - Volkswagen’s plan to cut costs by creating a new car parts business could unlock funds for its move to electric vehicles and herald an
Delta Airlines refuses to pay tariffs on Bombardier CSeries jets
FILE PHOTO: A Delta Airlines jet takes off from Washington National Airport in Washington, U.S., August 9, 2017. REUTERS/Joshua Roberts/File Photo NEW YORK (Reuters) - Delta Air Lines Inc on Wednesday said it would refuse to pay a 300 percent U.S. tariff on Canadian-built Bombardier CSeries jets, raising doubts about its
Volkswagen Cost-cutting shrinks dealer network, launches online sales
Automobiles for sale are seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam MUNICH (Reuters) - Volkswagen plans to shrink its European dealer network and introduce online sales as the cost-cutting automaker adjusts to changing purchasing habits in the digital age. Volkswagen (VW) aims to increase profitability and
Uber says giving UK drivers worker rights would cost tens of millions of pounds
People take part in a protest against Uber and in favour of labour rights in central London, Britain, September 27, 2017. REUTERS/Mary Turner LONDON (Reuters) - Uber said on Tuesday that treating its British drivers as workers, entitling them to rights such as the minimum wage and holiday pay, would add
Red Star Express – 25 Years Of Delivering Peace Of Mind…2
Activities to celebrate the 25th anniversary of Red Star Express Plc kicked off in grand style at the Head Office on July 11, 2017 when the GMD, Sola Obabori unveiled the fabricated 3D version of the above 25th-anniversary logo. Since October 1992 when the name, Red Star Express, became synonymous with
Germany’s bankrupt Air Berlin will end flights this month
Costco Unveils Two E-Commerce Delivery Services in Hopes of Fighting Amazon
A man enters a Costco Wholesale Corp. store in Louisville, Kentucky, U.S., on Thursday, May 29, 2014. Costco Wholesale Corp., the largest U.S. warehouse-club chain, posted fiscal third-quarter profit that missed analysts' estimates even as comparable sales gained 6 percent. Photographer: Luke Sharrett/Bloomberg The move should reduce pressure from Amazon and
Belgian Bpost acquires U.S-based E-commerce logistics firm, Radial, in a $820 million deal
bpost announces today the acquisition of US-based company Radial, to expand offerings and accelerate thedevelopment of bpost's e-commerce logistics solutions, in deal valued at $820 million. The acquisition leverages Radial's e-commerce service,expertise and scale with bpost to provide an industry-leading cross-border value proposition for its customers in Europe and North America. Bpost, a Belgian company that provides mail and parcel services, while Radial is a privately-owned company that provides
Foreign firms, local Tycoons jostle for the Concession of Nigeria’s Lagos, Abuja airports
Indications have emerged that companies owned by top Nigerian tycoons and some foreign firms from Europe have shown interest in running the Murtala Muhammed International Airport, Lagos, and the Nnamdi Azikiwe International Airport, Abuja. Top government officials, who are privy to the airport concession arrangement, told the Punch newspaper that companies