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...On Friday, Ford’s head of global motorsport Mark Rushbrook said: “As a family company that holds itself to very high standards of behaviour and integrity, we expect the same from our partners.”...
...The SBTi standards have not changed,” it said in a statement....
...Singapore-based Shein ditched a number of suppliers based in southern China last year after auditors found they had been violating the company’s certification standards, according to multiple industry insiders...
...Advertising regulators around the world have to tackle “the scale, the volume and the pace of change” wrought by targeted and AI-generated marketing, according to Guy Parker, chief executive of the Advertising Standards...
...The regulator’s consumer duty, a new standard in protection focused on “good outcomes” for customers, means issues flagged this review could spread to other consumer finance products....
...But while the warnings about survival from the industry’s chief executives are dire, it is hard to judge how serious the moves are until products are launched and cost-benefits become clear....
...Hallmark said he had “admired the continued transformation of Aston Martin’s brand and products from afar and feel honoured to have the opportunity to work with Lawrence, the board and the company’s employees...
...In an example of the present rhyming with the past, airbags also featured in another big Japanese product scandal....
...Hyundai Motors holds its annual shareholder meeting. Economic data: New Zealand releases gross domestic product figures for the fourth quarter. Japan publishes trade data for February....
...My first port of call was the Institute of Customer Service, an independent professional body that campaigns to raise standards....
...The PPI scandal dates back to the 1990s when banks mis-sold a type of insurance product to millions of customers....
...Soaring sales of the products have pushed the companies’ valuations to record highs....
...It is the second-largest domestic producer of industrial robots and an important maker of motors and other components for electric vehicles....
...In Japan, hybrids accounted for 55 per cent of total sales of standard-sized passenger cars last year....
...The Geneva International Motor Show opens, running until March 3....
...Shu said the Hungary plant planned to produce at least 150,000 cars a year, a minimum level for standard car factories....
...must make sure that there is demand,” he added, saying there would be no point investing “if we do something which is nice for the government, maybe nice for the short-term benefit, but nobody buys your products...
...Nidec’s problem is that consumer preferences have shifted suddenly in favour of motors with lower power output. Nidec’s focus had been on products with outputs of 100 to 180 kilowatts for larger EVs....
...General Motors and Tesla have paused some of their EV expansion plans....
...Ford and General Motors have paused plans to expand their EV manufacturing capacity in recent months, and last week Rivian announced that it would cut 10 per cent of its workforce and keep deliveries flat...
...Economic indicators: South Korea publishes gross domestic product figures for the fourth quarter and the manufacturing BSI index for February....
...The rules form part of the Consumer Duty, UK regulations introduced last year, which require companies to meet higher standards of consumer protection....
...The costs of core insurance products, such as home and motor insurance, have come under increased scrutiny amid a cost-of-living squeeze on UK households....
...US carmakers including Ford, General Motors and Tesla have all recently paused plans to expand EV manufacturing capacity....
...UK government plans to introduce labels to promote homegrown food products, including the high animal welfare standards used to produce them, have sparked a ministerial row across Whitehall....
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