Motoring Podcast - News Show

FOLLOW UP: RECARO SAVEDSome good news, for a change, as Ricaro, the seat manufacturer, being saved by an Italian parts maker called Proma Group. Unfortunately, many will lose their jobs as production will move to Italy. However, some technical and sales people will remain. You can learn more by clicking this Auotcar link here. FOLLOW UP: ARAMCO BUYS 10% STAKE IN HORSEAramco has finally bought the 10% stake in Horse which Geely and Renault were hoping for, after signing a letter of intent earlier in the year. Click this Yahoo Finance link for more. FOLLOW UP: JUDGE BLOCKS MUSK PAY PACKAGE AGAINThe appeal by Musk, to be awarded a ridiculous $56 billion pay package, has failed. The judge cited that the many arguments Musk’s legal team used to change the ruling were full of flaws, anyone of which could have led to dismissing the appeal, let alone all of them together. Tesla will appeal. Again. To learn more, do click this link to a TechCrunch article here. NEW CAR REGISTRATION FIGURES FOR NOVEMBER 2024The Novembe