Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

LucasVarity to supply GM

Wednesday 01 April 1998 00:02 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

LucasVarity to supply GM

LUCASVARITY, the automotive and aerospace group, has signed a contract with General Motors to provide anti-locking brakes and other safety features for some passenger cars. The group has a pounds 1bn war chest to spend on acquisitions after concluding the sale of Varity Perkins, its diesel engine business, but disappointed the market by failing to announce any new deal. The group unveiled a sharp rise in final-quarter underlying operating profits to pounds 92m (pounds 60m) bringing profits for the year to January to pounds 329m (pounds 277m).

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in