Western Digital’s CEO apologises to Toshiba More carmakers launch new UK trade-in schemes

Western Digital’s CEO apologised to his counterpart at Toshiba for strained ties after the US firm sued to keep their chip joint venture from being sold to rival bidders, according to an August 11 letter. The embattled Japanese conglomerate has put its chip unit, - worth between $17-billion and $18billion, up for sale as it scrambles to cover liabilities at its bankrupt US nuclear unit. Relations between Western Digital and its chips partner quickly frayed, however, as Toshiba entertained other bids. It was not immediately clear what impact the letter had on relations between the two firms, but in mid-August they agreed to try to overcome their dispute and enter into serious discussions. REUTERS< Volkswagen, Nissan and Toyota on Friday became the latest carmakers to launch their own scrappage schemes in Britain, as sales slide, saying they aimed to get motorists to trade in their old cars for less polluting new models. New car registrations fell for the fourth month in a row in July, the longest run of declines since 2011, as demand cools due to faltering consumer confidence ahead of Brexit and uncertainty over whether the government will impose new penalties on drivers of the mostpolluting vehicles. VW said it will offer discounts of up to 6,000 pounds ($7,760) on a new car if drivers trade in an older vehicle. Meanwhile Toyota said motorists could save up to 4,000 pounds under its new scrappage scheme, while separately Nissan is offering a maximum discount of 5,000 pounds on selected new cars. REUTERS<