Toyota to invest £240m in its UK factory

The Japanese carmaker Toyota is to invest £240m in its UK factory at Burnaston plant near Derby, which made 180, 000 vehicles last year, including the Auris and Avensis models. The factory employs about 2, 500 people, and another 590 at Toyota’s engine plant at Deeside, North Wales. Johan Van Zyl, chief executive of Toyota…

Levi’s Jacquard jacket with Google power

Levi’s and Google have brought out a technology denim jacket. The Jacquard denim with technology woven into the fabric, that enables touch interactivity, once paired to a smartphone via Bluetooth, the jacket allows the wearer to control key functions with gestures by brushing or tapping off the cuff, and double tap with two fingers starts…

Daimler won’t have bigger stake in Aston Martin

Loss-making British Luxury brand, James Bond carmaker, Aston Martin reported its sixth consecutive annual loss but said its latest DB11 equipped with Mercedes electronic gadgets boosted sales in the end of 2016. Aston Marin Marque, which made a  £71.9m loss in 2016, £127.9m loss in 2015,  the fifth consecutive year the company has filed to make…

PSA buys GM Europe for £1.9bn

  PSA owners of Peugeot and Citroen cars has struck a deal of €2.2bn (£1.9bn) to buy General Motors’ European unit including Vauxhall. Loss-making GM Europe has UK factories at Ellesmere Port and Luton which employs 4, 500 people.  With GM’s Opel and Vauxhall operations,  PSA Group jumps to become the second largest carmaker in…

New York Fashion 2017

  Faces at New York Fashion 2017 In New York fashion week, Michael Kors presented a diverse runway including Ashley Graham wearing a charcoal ribbed tank dress with a silver fox shrug, Amber Valletta and Carolyn Murphy, without any miniskirts. A 20-piece orchestra directed by Michael Gaubert. Ralph Lauren paraded their Spring/Summer 2017 ready to…

Peugeot in talks about buying Opel

PSA Group, make of Peugeot, DS and Citroen cars, is in talks about taking over General Motors’ (GM) loss-making European business Opel. France’s PSA group already works with GM in Europe on several projects, said any deal would involve Opel’s UK arm Vauxhall, which employs 4, 500 staff at plants at Ellesmere Port and Luton.…

Ambassador brand sold for £800k

The iconic brand Ambassador, owned by CK Birla Group, has been sold to European Auto Peugeot for £0.8m  (Rs 80 crore). The manufacturing of Ambassador cars has been discontinued. “Hindustan Motors has executed an agreement with Peugeot SA for the sale of the Ambassador brand, including the trademarks, for a consideration of Rs 80 crore.…

Gold makes the world go round

An Indian Jeweller made sure his daughter truly was the golden girl on her wedding day by covering her in 22 carat gold jewelry  including a huge collection of gold chains, weighing 2001 grams worth more than £ 330, 000 and a Ferrari. The Bridegroom has hit the real jackpot with the golden girl. In Tirupati,…

Dyson Supersonic hairdryer a great success

Dyson supersonic hairdryer,  the new product launched looks amazingly different from any other hairdryers. Its elegant small nozzle to dry the hair and stylish look with the all new V9 motor, which has superior technology and tiny enough to fit into the base of the hairdryer’s handle – as other brands the motor sits on the…