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British Business - Sept 25

PRESS DIGEST-British Business - Sept 25 Sept 25 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - NatWest NWG.L hired private detectives to look into the health of borrowers who owed money to its notorious Global Restructuring Group, said a "tracing agent" convicted of illegally obtaining personal information of bank customers in an interview with The Times.
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BMW calls for clarity on UK's zero emission vehicles policy

BMW calls for clarity on UK's zero emission vehicles policy LONDON, Sept 20 (Reuters) - German carmaker BMW's UK unit said the auto industry needed clarity on zero emission vehicles, in a statement released after reports that Britain is set to relax its 2030 ban on the sale of new petrol and diesel cars. "We cannot comment on speculation, but can say that we and the whole automotive industry needs clarity in the zero emission vehicle topic," a spokesperson for BMW in the UK said on Wednesday.
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Europe Gasoline/Naphtha-Cracks drop further amid weak demand

Europe Gasoline/Naphtha-Cracks drop further amid weak demand LONDON, Sept 19 (Reuters) - Northwest European gasoline refining cracks dropped further on Tuesday to $21.8 a barrel on little regional demand and slower exports. Northwest Europe (NEW) gasoline exports to the United States in September so far are pegged at 772,000 metric tons (mt) compared with 828,000 in August, according to LSEG shipping data.
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Audi exec says lower tax on imported EVs will help test India market

INTERVIEW-Audi exec says lower tax on imported EVs will help test India market By Hritam Mukherjee BENGALURU, Sept 15 (Reuters) - Volkswagen VOWG_p.DE -owned Audi's India unit said on Friday that any potential cut down on electric vehicle (EV) import taxes would help the German carmaker experiment better with models and pricing in the world's third-largest car market.
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German autos production under growing threat from China - IW study

German autos production under growing threat from China - IW study Motor vehicle and parts imports from China rose 75% in H1 German vehicle and parts exports to China dropped 21% Beyond auto sector, H1 trade data shows signs of de-risking By Reinhard Becker and Sarah Marsh BERLIN, Sept 15 (Reuters) - Imports of Chinese vehicles and parts to Germany jumped 75% in the first half of the year while trade the other way slumped, showing the mounting pressure on Europe's biggest auto production hub.
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