McDonald's UK Celebrates 50 Years: A Legacy of Innovation and Supply Chain Excellence Crowned by ACQFive & Gamechangers™ UK Company of the Year and International Food Services Company of the Year Awards

As McDonald's marks its 50th anniversary in the UK, the fast-food giant reflects on half a century of innovation, supply chain mastery, and cultural impact. Since opening its first UK restaurant in Woolwich, London, in 1974, McDonald's has become an integral part of British life, serving millions of customers and creating countless memories. This milestone...

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Sainsbury's CEO Calls for Reform of Outdated Business Rates System

In a bold statement, Simon Roberts, the Chief Executive of Sainsbury's, has declared that the current business rates system is "no longer fit for purpose." Roberts' comments highlight the growing burden that traditional retailers face in the face of increasing competition from online competitors.The Disproportionate Impact on Retailers Sainsbury's,...

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M&A Deals Picking Up Pace in Asia

After a long lull in investment activity, M&A deals are picking up across Asia. In a region that has often been attractive for its growth opportunities, M&A has recently experienced a quiet spell. In the first half of 2024, deal volumes and values in the Asia-Pacific decreased by 23% and 35%, respectively, compared to the first half of 2023, according...

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Kylian Mbappé's Ambitious Move: Becoming One of Europe's Youngest Club Owners

In a groundbreaking development that has sent ripples through the football world, Real Madrid star Kylian Mbappé is poised to become one of the youngest club owners in Europe. The 25-year-old French forward has acquired an 80% stake in Ligue 2 side SM Caen for a staggering €20 million. This move not only underscores Mbappé's growing influence in...

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US Stocks Plummet Amid Recession Fears

US stocks experienced a significant decline on Monday, with the S&P 500 trading 2.5% lower and the Nasdaq Composite falling into correction territory, down more than 10% from its record high on July 10. The selloff was driven by fears of a potential recession in the world's largest economy, as investors reacted to disappointing employment data and concerns...

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Automation

AutoNews Now: Audi targets EV mass market with Q4 e-tron

Audi targets EV mass market with Q4 e-tron | GM, LG said to be planning Tenn. battery plant | Ford's electric CUV? | Geely mulls Lotus fundraiser | Honda's next Civic | A special NissanRead More

First Shift: Ford to launch 'BlueCruise' hands-free driver-assist system in Q3

Ford to launch 'BlueCruise' hands-free driver-assist system in Q3 | D3 oppose voting restrictions | Senate eyes quick chip vote | Mazda EV coming to Calif. first | Toyota promotes execsRead More

Ford cuts F-150 output for 2 more weeks amid chip shortage

The automaker plans additional downtime at the Chicago, Flat Rock, Kansas City and Kentucky Truck assembly plants this month and next, in addition to limited production at its Ohio assembly plant.Read More

GM to announce second U.S. battery plant, in Tenn., with LG Chem, report says

The plant will use a different, more cost-effective battery chemistry than the one the companies will offer from the joint-venture plant they are building in Ohio, Reuters reported.Read More

Audi attacks EV mass market with Q4 e-tron

The Q4 e-tron, which comes in two versions, adds an entry-level EV to the brand’s expanding lineup of battery-powered vehicles.Read More

Honda taps H.E.R. for return of Civic Tour concert series but must overcome livestream fatigue

H.E.R. will perform at the April 28 event hosted on Live Nation's Twitch channel as the automaker seeks to build buzz for the 2022 Civic.Read More

Minority supplier gets support from Michigan manufacturers in certification dispute

At the center of the dispute is whether former Detroit Pistons star Vinnie Johnson runs the day-to-day operations of his large supplier, which operates four subsidiaries.Read More

A step in right direction for Nissan dealers

The brand has dropped stair-step incentives for storewide payouts, but it is continuing to use it on select models, and that needs to change.Read More

Off-road course for Broncos? Not in my backyard

A Vermont ski resort that planned to host one of four Ford Bronco "Off-Roadeo" driving schools around the U.S. backed out last week after an outcry from nearby residents.Read More

No ‘cop-out' on climate-neutral car for Polestar

The Polestar O project seeks to create a climate-neutral vehicle by 2030.Read More

Direct-sales efforts heat up in states

The proposals, backed by electric vehicle startups but opposed by franchised dealers, have been introduced in at least 10 states this year.Read More

AutoNews Now: Another threat to supply chain: Rubber shortage

Another threat to supply chain: Rubber shortage | GM cuts, cancels some downtime | Intel plans auto chips | WeRide wins AV permit | Hyundai's futuristic minivanRead More

First Shift: Lithia tops AutoNation in U.S. store count with Suburban deal

Lithia adds 34 stores with Suburban acquisition | VW, German union reach wage deal | Feds send pick for UAW monitor | Polestar's lower-priced variant | Ford, GM plan Shanghai debutsRead More

With EVs, bias for traditional carmakers

The traditional automotive market still has a lot of bias against EVs, writes an Automotive News reader in a letter to the editor.Read More

Ford's Blue Advantage tool shows it's ‘listening' to dealers

The used-vehicle sales platform is helping the automaker and its retailers capture customers who would otherwise spend their money with competitors such as Carvana.Read More

Seattle drafts blueprint to electrify transportation by 2030

Following the plan will slash the city's greenhouse gas emissions, improve air quality, limit its contribution to water pollution and mitigate climate change risks, proponents say.Read More

Shelby GT350 gets its one shining moment

Out of an all-GT Final Four, the 1965 Mustang Shelby GT350 emerged as the winner of Ford's version of March Madness.Read More

Mercedes CLS tweaked, though the end may be near

The mild makeover for the 2022 model year, including a new grille, comes as consumer demand for cars continues to slide across the industry.Read More

Factory problems take down inventories

The days' supply of new-vehicle stocks has fallen every week since mid-February, according to Cox Automotive.Read More

Stellantis to build flagship Citroen in China to buttress Asia sales

CEO Carlos Tavares has vowed to fix the automaker’s poor showing in China, where none of the company’s 14 brands have a notable foothold.  Read More