Outlook: The aim is a more "balanced" economy after all the credit-fuelled consumption of recent years, with a much bigger role for good, old fashioned manufacturing. Mervyn King, Governor of the Bank of England wants it, the Prime Minister and the ...

9 Jan 2009

GERMAN sports car maker BMW has reported a 4.3 per cent decrease in sales for 2008, attributing the fall to the global economic crisis. The group said it sold just over 1.4 million BMW, Mini and Rolls-Royce brand vehicles last year worldwide. Sales ...

9 Jan 2009

ROLLS-Royce has bucked the recession by announcing a 20 per cent boom in new car sales during 2008. The world’s most famous car maker sold a record 1,212 cars — the fifth straight year of increased sales. It even managed to sell more cars in ...

9 Jan 2009

Nissan's Sunderland factory was hailed as the future of British manufacturing. Now it is under threat. Paul Vallely finds a community at the sharp end of the global recession There was no one working at Europe's most efficient and highest ...

9 Jan 2009

On Monday, a powerful coalition of business groups and unions will urge Mr Brown to publicly announce the go-ahead for the airport’s expansion. The decision had originally been expected before Christmas but was delayed until the New Year. The Prime ...

9 Jan 2009

BERLIN -- Germany's BMW AG reported Friday a 4.3 percent decrease in sales for 2008, attributing the fall to the global economic crisis and increased reluctance among consumers to make big purchases. The automaker said it sold 1,435,876 BMW, Mini and ...

9 Jan 2009