Pro-Brexit billionaire Jim Ratcliffe puts EV plans on hold, blaming ‘tariffs, timings and taxation' [Fortune]
Manchester United Ltd. Class A Ordinary Shares (MANU)
Last manchester united ltd. class a ordinary shares earnings: 2/25 07:00 am
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Source: Fortune
Production of the Fusilier, a smaller vehicle than the Grenadier 4×4 that the company started selling last year, had been expected to begin in 2027. Ineos didn't specify a new timeline in an emailed statement Wednesday. Ratcliffe, the petrochemical mogul who is now also a minority investor in Premier League club Manchester United, had outlined plans earlier this year to offer both a battery-only version of the Fusilier, and a range-extender option using a small gas engine. However, a range-extender would be banned in both Europe and the UK in 2035, or in 2030 in the UK if the Labour Party wins Thursday's general election, an Ineos Automotive spokesperson said. “We are delaying the launch of the Ineos Fusilier for two reasons: reluctant consumer uptake of EVs, and industry uncertainty around tariffs, timings and taxation,” the company said in its emailed statement. “There needs to be long-term clarity from policymakers” to meet net zero targets. The decision comes after Ratcli
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MANU
News
- New York City FC Goalkeeper Matt Freese Mirrors Matt Turner In MLS [Forbes]Forbes
- Inside Newcastle United's mini-transfer window and the panic to sell players [Yahoo! Finance]Yahoo! Finance
- Victoria and David Beckham recreate iconic purple wedding outfits ahead of 25th anniversary [USA TODAY]USA TODAY
- Paris Olympics 2024: Every Official Women's Soccer Tournament Squad [Forbes]Forbes
- Women's sports merchandise is an estimated $4 billion industry. So who's going to step up to the plate? [Business Insider]Business Insider
MANU
Earnings
- 3/12/24 - Beat
MANU
Sec Filings
- 5/28/24 - Form 6-K
- 4/30/24 - Form 6-K
- MANU's page on the SEC website