rolls royce posts record loss of 46 billion pounds

Rolls-Royce Posts Record Loss of 4.6 Billion Pounds

Company Pavan Pandey - Feb 14, 2017

On Tuesday, United Kingdom-based luxury car and aircraft engine manufacturer, Rolls Royce, declared a record loss of $5.8 billion (4.6 billion pounds).

rolls royce to pay 670 million pounds to settle corruption probe

Rolls-Royce to pay 670 million pounds to settle corruption probe

Company Himanshu Gill - Jan 17, 2017

Rolls-Royce said that it has settled longstanding bribery and corruption cases with the US and UK authorities, for a cost of over 671 million pounds ($809 million).

jaguar land rover records highest sales ever in 2016

Jaguar Land Rover records highest sales ever in 2016

Automotive Himanshu Gill - Jan 09, 2017

Britain’s biggest car-maker Jaguar Land Rover cars (JLR) sold a record 583,312 cars in 2016, registering a 20 percent rise than the previous year.

airbus group delays supply of 12 superjumbo a380 to emirates airline

Airbus Group Delays Supply Of 12 Superjumbo A380 to Emirates Airline

Company Pavan Pandey - Dec 28, 2016

The European aerospace company, Airbus Group, is postponing the delivery of 12 superjumbo A380 to Dubai-based Emirates Airline over the next two years.

rolls royce will lay off 800 jobs from its marine division

Rolls-Royce will lay off 800 jobs from its Marine Division

Company Pavan Pandey - Dec 05, 2016

The United Kingdom-based engineering and aerospace company Rolls-Royce announced that, it is going to lay off 800 jobs. This famous aero-engine manufacturing firm said, these cuts are a piece of a pla

china imposes an extra 10 percent tax on imported luxury cars

China Imposes an Extra 10% Tax on Imported Luxury Cars

Automotive Pavan Pandey - Dec 02, 2016

The Finance Ministry of China stated, this step is targeted at encouraging rational consumption and controlling the usage of energy and emissions as well as promote energy-efficient cars.

emirates unhappy with rolls royce engines

Emirates unhappy with Rolls-Royce’s ‘faulty’ engines

Company Akanksha Singh - Nov 22, 2016

Mid-Eastern carrier giant, Emirates, is reportedly not satisfied with the new carrier engines designed and supplied by the automobile giant Rolls-Royce, which were ordered to power 50 of the Airbus gr

Total Records (7 )