Transport
The latest news, analysis, and share prices on Britain's biggest transport companies, including British Airways, Virgin Atlantic and National Express.
Latest Transport
GM to slash more jobs, eliminate Pontiac brand
US carmaker announces radical new plan as it races against bankruptcy.
27 Apr 2009
Swine flu fears boost drug company shares, hit airlines
Drugmakers are in demand and airlines hit on fears an outbreak of swine flu in Mexico will spread.
27 Apr 2009
UAW union reaches tentative deal with Chrysler
The United Auto Workers union said it had reached a tentative deal with Chrysler, Italian company Fiat and the US Treasury, clearing a major hurdle to bolster the US carmaker's viability.
27 Apr 2009
Viking River Cruises in buy-out deal
One of the world's largest river cruise companies is poised to sell a majority stake in the business to a private equity firm.
26 Apr 2009
Poor credit rating for Gatwick bids set to scupper BAA's hopes of £1.6bn sale
BAA'S hopes of getting at least £1.6bn for Gatwick airport have been dealt an eleventh-hour blow by the credit rating agency Standard & Poor's.
25 Apr 2009
CVC turns down offers to buy its stake in Formula One motor racing
The private equity firm CVC has rebuffed a string of offers to buy its stake in Formula One motor racing, according to the sport's chief executive Bernie Ecclestone. "Lots of people have approached them," said Mr Ecclestone. "I don't think they are going to sell."
25 Apr 2009
Cars crisis will need more than Chancellor's spark plugs
A dramatic week for the car industry was brought to a close on Friday as Ford posted huge losses, Fiat was forced to deny bidding claims and new figures revealed UK production down 51.3pc
24 Apr 2009
Fiat might need cash to drive its global ambitions
Chrysler may be not enough for Fiat. The Italian carmaker has also shown interest in taking on GM Europe. Boss Sergio Marchionne's new gambit might be largely aimed at Chrysler's truculent unions and creditors, but Fiat's cash-free offers could end up with no takers.
27 Apr 2009
Fiat risks coming away empty-handed
Chrysler may be not enough for Fiat. The Italian carmaker has also shown interest in taking on GM Europe.
24 Apr 2009
Ford posts $1.4bn loss in first quarter but burns less cash
The only US carmaker not to have asked for state aid reported better-than-expected results as sales slid.
24 Apr 2009
New car production skids 51pc in March
Production of new cars fell by 51pc in the UK last month as the industry reeled from tumbling sales and plant shutdowns.
24 Apr 2009
Fiat looks at Vauxhall and Opel
Fiat has emerged as a potential buyer for General Motor's Vauxhall and Opel units.
24 Apr 2009
GM eyes factory closures as Chapter 11 looms
General Motors is preparing to shut the majority of its US factories for nine weeks as its mulls Chapter 11.
24 Apr 2009
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Risers and Fallers
More Transport
Rolls-Royce considers legal action against £30,000 Chinese copycat
Rolls-Royce is consulting lawyers after the Chinese launched a copycat car, including a winged mascot and huge radiator grill, for just £30,000.
23 Apr 2009
Mandelson to meet motor bosses over Budget 2009 scrappage plans
Lord Mandelson, the Business Secretary, will meet with motor industry bosses within the next few days after scrappage proposals unveiled in the Budget were given a cautious welcome.
23 Apr 2009
'Dracula' Chancellor jacks up fuel duty in Budget 2009
Road hauliers depicted the Chancellor as a Dracula-figure sucking the lifeblood out of the industry as he raised fuel duty by a further 2p per litre from September.
22 Apr 2009
Alistair Darling unveils car scrappage scheme
Consumers are to be offered £2,000 to scrap their 10-year-old vehicle for a new car or van under proposals unveiled by the Chancellor.
22 Apr 2009
Hauliers blame 'Dracula Chancellor' for job cuts
Road hauliers depicted the Chancellor as a Dracula-figure sucking the lifeblood out of the industry as he resisted calls to freeze fuel duty.
22 Apr 2009
Fuel 'bombshell' v 'generous' scrappage scheme
Motorists will face further rises in petrol prices after the Budget despite recent increases in the cost of fuel but a "cash for bangers" car-scrappage scheme was introduced to try to kick-start the motor industry.
22 Apr 2009
'Scandalous' train fare rise
Train operators raise prices by up to 11 per cent amidst recession.
23 Apr 2009
Volkswagen and Peugeot sales fall
German car maker Volkswagen and Peugeot Citroën, the French group, have posted major falls in first quarter sales amid the crisis facing the global automotive industry.
22 Apr 2009
VW sales slump in first quarter
Europe's biggest carmaker Volkswagen hit the skids at the start of 2009, results showed Wednesday, with "extremely weak" conditions sending first quarter sales down sharply and slashing profits.
22 Apr 2009
BA: Go Dutch and axe duty rises
Willie Walsh, the British Airways chief executive, warned that “the worst of the recession is still ahead of us” as he urged the Government to scrap planned increases in Air Passenger Duty (APD).
22 Apr 2009
$5.5bn lifeline for US car makers
The US car industry is set to receive as much as $5.5bn in extra government funding following the findings of a high-level report.
22 Apr 2009
Putting clocks forward two hours in summer 'would save hundreds of lives'
Putting the clocks forward by two hours in summer and an hour in winter would cut the number of road accidents and save hundreds of lives, an official Government report said.
21 Apr 2009
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