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Raymarine needs buyer to throw a lifeline

It rode a wave of cash but now the marine-electronics company is drowning in debt and telling investors to expect nothing

Raymarine unable to meet debt covenants

Shares in the electronic boat equipment group plunge 30% after it reveals net debts of more than £90 million

Tata kicks off search for new chairman

Indian owner of Jaguar Land Rover and Chorus says successor to Ratan Tata could be found outside the founding family

Taxpayer to suffer as Vauxhall limits job losses

The new head of Vauxhall is confident that the carmaker will make far fewer than 800 workers redundant in the UK

GM hints Vauxhall's Ellesmere Port site is safe

US carmaker suggests it will not shut the UK plant and says it will repay $6.7bn in US government loans early

US gun sales shoot up amid crime fears

Buyers are concerned that rising unemployment will lead inexorably to higher crime rates

Nick Reilly of General Motors

As a skilled negotiator who has been with the company for 34 years, he will be taking up a position as head of GM Europe

Peugeot moves into car rental on way back to profit

Carmaker is to offer pre-paid cars by the day to young city dwellers as part its drive to regain market share

Porsche in slow lane with €4bn loss

The huge loss was caused by Porsche’s failed bid to take over Volkwagen, Europe’s biggest carmaker, last year

Renault-Nissan takes on the Tato Nano

The car manufacturer has signed a deal with Bajaj Auto, an Indian group best known for its motorcycles and three-wheelers

Renault-Nissan advances plan to undercut Nano

French-Japanese partnership finally agrees deal with Indian group Bajaj Auto and sets 2012 target for lost-cost runabout

Race to build ten nuclear stations in Britain

Government announces £50 billion programme to improve energy security but is accused of reacting too late to avoid crisis

GM executives fly in to set Vauxhall’s future

American delegation will meet ministers to discuss the future of Vauxhall's 4,500 British workers in Luton and Cheshire