Twenty three European automotive industry leaders are calling on the EU and UK to “pull out all the stops” to avoid a no-deal Brexit and secure a free trade agreement (FTA) or face “devastating” trade and job losses across the sector. The group, which includes the European Automobile Manufacturers Association (ACEA), the Society of Motor Manufacturers and Traders (SMMT) and the German Association of the Automotive Industry (VDA), warned this week that a no-deal Brexit will cost the pan-European automotive […]
Knights of Old Group has insisted it is on course to return to operating profitability this year after its latest results showed a £1.2m pre-tax loss.
Norbert Dentressangle will cease providing warehousing and distribution services to collapsed retail chain Comet from tomorrow (21 December). Last month the operator warned its five-year £100m contract with Comet, which it only signed earlier this year, was in the hands of the retail chain’s administrator Deloitte. At the start of this week Deloitte closed the last of the retail chain’s stores in the absence of an acceptable offer for the whole business. Richard Cawston, business unit director at Norbert Dentressangle, […]
DX Group has sold five of its properties and taken a loan from its biggest shareholder to pay back a bank loan.