Archive for May, 2012

Airbus owner EADS flies record deliveries

European aerospace company EADS has reported higher annual profits after delivering a record number of its Airbus aircraft to customers.The firm said reported net income of £836 million ( 1.03 billion euros, $1.36 billion ) for 2011, up 87% from a year earlier. EADS delivered a record 534 commercial aircraft during the year. Announcing its […]

May 30, 2012  Tags: , , , , , , ,   Posted in: Business Exports, Business Growth, Business Sales, Business Win, Flying Businesses, Global Business, Growing Business, Growing Sales, Technological Businesses, Uncategorized  No Comments

Lexus drives European sales growth

Luxury carmaker Lexus hopes for large European sales growth this year.Last year, sales in Europe rose 40% to just over 43,000 cars- and this year they should rise above 50,000. Much of the current success is driven by new, smaller models and by new engines that have made its larger models more fuel efficient. But […]

May 24, 2012  Tags: , , , ,   Posted in: Business Growth, Business Sales, Business Win, Global Business, Growing Business, Growing Sales, Uncategorized  No Comments

Admiral insurance reports record annual profits of nearly £300 million

Admiral insurance has announced record annual pre tax profits of nearly £300 million- an increase of 13% for the year.The Cardiff based company said its turnover rose by 38% to £2.19 billion, while the number of customers was also up by 22% to 3.36 million. It is the eighth consecutive year that Admiral has reported […]

May 17, 2012  Tags: , , , ,   Posted in: Business Growth, Business Profits, Business Sales, Business Win, Growing Business, Growing Sales, Uncategorized  No Comments

Bentley shows offroad luxury SUV

Luxury car company Bentley has shown a sports utility vehicle (SUV).The model is said to have been pushed through by chief executive Wolfgang Duerheimer, who was in charge of research and development at Porsche when it launched its now best-selling model, the Cayenne SUV. Bentley would aim to sell 3,500 to 5,000 SUVs per year […]

May 10, 2012  Tags: , , ,   Posted in: Business Growth, Business Win, Global Business, Growing Business, Uncategorized  No Comments

Nissan to build new car in Sunderland

Nissan is to build a new compact model called the Invitation, at its Sunderland factory.The Japanese carmaker said that its £125 million investment would create 2,000 jobs. The government is supporting the project with a £9.3 million grant. Nissan said that 400 of the new jobs would be in its Sunderland plant, and it estimates […]

May 3, 2012  Tags: , , , , , , , ,   Posted in: Business Exports, Business Growth, Business Jobs, Business Sales, Business Win, Exporting Businesses, Global Business, Growing Business, Growing Jobs, Growing Sales, Uncategorized  No Comments