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 by Staff Writers London (AFP) May 7, 2019
Britain's new car sales slid in April after the government slashed incentives for hybrid vehicles, industry data showed Tuesday. New registrations for all cars dipped 4.1 percent last month on a yearly basis to 161,064 vehicles as demand also continued to slide for high-polluting diesel vehicles, the Society of Motor Manufacturers and Traders (SMMT) said in a statement. But sales of plug-in hybrids slumped 34 percent to 1,992 last month from 2,929 a year earlier. The SMMT added that the sharp drop was "evidence of the consequences of prematurely removing upfront purchase incentives before the market is ready" for cars which can run on both petrol and electricity. Britain's Conservative government last year cut its plug-in hybrid grant to �3,500 ($4,600, 4,100 euros) per vehicle from �4,500.
Uber hit with Australia class action ahead of stock listing Sydney (AFP) May 3, 2019 Global ride-sharing firm Uber on Friday faced another legal bump on the road to its blockbuster initial public offering, with taxi drivers launching a class action lawsuit in Australia. Thousands of cabbies are alleging that Uber gained an unfair advantage and destroyed their livelihoods by knowingly operating above the law, according to a filing lodged in the state of Victoria on Friday. Law firm Maurice Blackburn said their clients want to recover income they claim is lost as a result of Uber ... read more
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