The founder of one of Britain’s national energy suppliers has a new company, and he intends for it to offer inter-city flying taxi services that take off and land vertically within four years.
A court just over 20 miles from VW’s Wolfsburg headquarters has scheduled a series of hearings in a case combining claims by some 4,000 shareholders demanding $10.4 billion in compensation.
Aston Martin is moving ahead with a plan to list shares in London, naming Penny Hughes as chairman in a break from its tradition of an all-male board.
Toyota plans to gradually restart production in Japan on Tuesday and be back to normal output starting Thursday after it suspended almost all auto assembly following a deadly earthquake in northern Japan that triggered widespread blackouts.
Volvo Cars and its Chinese owner Geely have postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks.