UK gives green light to driverless cars

A very early version of Google’s self-driving prototype vehicle
©Google

Cable announces £10m competition for testing in British cities

GKN shrugs off strong pound concerns

Car market growth elevates British component maker

Renault boosted by low-cost Dacia brand

French automaker’s no-frills cars offset Russia weakness

Aluminium gains industrial lustre

Lower price makes metal attractive for electrical applications

Nissan’s US sales offset Japan weakness

Slower domestic sales follow April’s sales tax increase

Former Alstom employees face UK charges

Move comes day after subsidiary said to be charged with corruption

Caterpillar muddies economic forecasting

Be wary of current 3% consensus for US growth next year

5.11 Tactical owner gunning for IPO

Owner eyes sale or listing of police uniform and weapons maker

Fiat checks out Peugeot as partner

Tie-up would bring together groups with global ambitions

Peugeot and Fiat held talks on deal

Move would have created the world’s fifth-largest carmaker

GM profits fall 80% as recalls bite

Compensation for deaths and injury could reach $600m

Cost-cutting Caterpillar raises forecast

Mining slump is offset by modest recovery in construction

UK car production set to surpass 1.6m

Industry buoyed by investment and strong demand

US oil groups ordered to renew railcars

Accelerated timetable follows fatal crash in Quebec

Daimler warns over cyber attacks on cars

Defending vehicles against hackers ‘essential’, chief says

Daimler raises earnings by 12%

Mercedes sales benefit from new models

Johnson Matthey Q1 profits fall 10%

Group says growth will offset impact of strong pound

Renishaw’s 3D printers carve out a profit

Precision engineer reports strong demand for its technologies

US railways: Back on track

Train operators are cashing in on shale gas but the revival could be undermined

UK duo’s dream car draws wealthy car fans

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