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publication date: Feb 16, 2012
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author/source: Robin Roberts
A Welsh car parts maker says the "continuing difficult trading
situation" has forced it to lay off more workers.
Shimizu Industry UK (SI-UK) laid off all its temporary staff and announced plans to make up to 30 full-time workers redundant just over a year ago and now the Welshpool firm which makes parts for Honda, Toyota and Caterpillar, is planning further job cuts from the current total of more than 170 people. Following Saab Great Britain Limited entering Administration on 29 November 2011 and Saab Automobile A.B. filing for bankruptcy protection on 19 December, the Administrators for both companies suspended the processing of all new vehicle warranty claims. With no further public statement clarifying the warranty position from the Administrators since 19 December, 2011, Saab Parts UK has developed a flexible warranty product called Saab Secure which will offer customers reassurance regarding their on-going Saab ownership administered independently by Momentum Warranties Ltd, money with up to five years cover from under £500. Volvo has further added value to its range of services to business users with the launch of a Chauffeur package on its S60, V60, V70 and S80 models. At the heart of this new offer is a three year 120,000 mile extended warranty which takes into account the significant mileages that some chauffeur driver companies cover each year. The Highways Agency is calling on road users to help tackle roadside litter on England's motorways and major A roads. The Agency estimates it removes nearly a quarter of a million sacks of litter from England's motorways every year, Sunday 1 July is the date for a major rally in the grounds of the National Motor Museum at Beaulieu, Hampshire to commemorate the 90th birthday of the Austin Seven motor car. Organised by the 750 Motor Club, the National Austin Seven Rally will attract hundreds of Austin 7s from all over the United Kingdom and Europe to the picturesque setting of the Beaulieu estate. Tata Motors Ltd.'s net earnings climbed 41% to a record 34.1 billion (€521 million) rupees in the fiscal third quarter ended Dec. 31, fuelled by strong sales of Jaguar and Land Rover vehicles in China. The Mumbai-based company's revenue jumped 44% to 452.6 billion rupees (€6.9 billion), income from Tata's Jaguar Land Rover unit rose 57% to £440 million (€525 million).  Disclaimer: Our car finance services are provided by Creditplus who are regulated by the Financial Services Authority. In assessing your car loan application, Creditplus will make enquiries about you including searching your records held by Equifax Plc and/or Experian Ltd. You consent to Creditplus disclosing details of your finance application and Creditplus may use a 'credit scoring' or other automated process in deciding whether to accept your application. Your information may also be be sent to a 3rd party for further loan/insurance option purposes. |
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