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Volvo’s aerospace division is to supply components for Rolls-Royce’s aircraft engines. The Swedish vehicle manufacturer will design, develop and manufacture intermediate compressor cases for the Trent 500 engines, which will be used in Airbus A340-500/600 aircraft, and Trent 900 engines for the new Airbus A380 superjumbo jet.

Baan joins Sap Portals_2

Rival enterprise software companies SAP Portals and Baan have formed an alliance. The firms will promote collaboration, visibility and ease of access by embedding SAP Portals’ technology within Baan’s new iBaan portal. www.sapportals.com www.baan.com

Court system suspended_2

A £319 million IT system to give courts swift access to police databases has been suspended indefinitely in the face of rising costs and technical setbacks.

Euro investment threat_2

Motor industry executives have warned that Britain’s wait-and-see approach to the euro could jeopardise future investment in the sector. At a government seminar hosted by Geoffrey Norris, Tony Blair’s transport adviser, senior managers at the UK’s car makers said they wanted to see British membership as soon as possible.

SupplyChain.Oracle.com_2

Suffolk County Council_2

Freight moves welcomed_2

Freight industry groups have approved changes for the transport industry that were unveiled in last month’s budget.

New net exchange named_2

The electronic marketplace for the automotive industry to be set up by General Motors, Ford, DaimlerChrysler, Renault and Nissan is to be called Covisint - an acronym for connectivity, visibility and Internet. In May, Toyota signalled its willingness to join the project, which was announced last February, but not to hold any equity in the separate company.

OFT may launch inquiry_2

The Office of Fair Trading could launch an inquiry into price fixing of replica football kits, following a raid on retailers and manufacturers' head offices. Companies including retailer JJB Sports and manufacturers Nike and Umbro could face fines of up to 10 per cent of turnover if evidence of fixed pricing is found.

Consignia to outsource_2

Consignia is to outsource its 40,000-strong vehicle services operation, which includes heavy goods vehicles, light commercial vehicles and business cars. While the former post office is said to prefer a joint venture, it has not ruled out a sale of the entire fleet, which could result in 1,700 workers transferring to the successful bidder.