Automotive

Jaguar Land Rover's Indian owner is spinning off its automobile division to prepare for an electric vehicle-centric future. Tata Motors announced Monday that its existing auto business will be divided into passenger cars and commercial…

Polestar, a struggling luxury car brand in Sweden, has been given a funding lifeline of $950m (£750m), after Volvo dropped its support. The company, which is known as "the Tesla of Europe", announced on Wednesday that it had received a…

BYD, a Chinese startup, hopes Yangwang U9 can compete with Ferrari and Lamborghini BYD launched an electric supercar capable of reaching 60 miles per hour in less than three seconds. The Chinese startup is aiming to compete with luxury…

A supplier of parent company Volkswagen discovered a Chinese component in Porsche, Bentley, and Audi vehicles that violated laws against forced labour. Two people who are familiar with the situation say that the automaker is delaying the…

BYD's growing popularity has renewed concerns about China's auto dominance Berkeley Street in Mayfair is a haven for car enthusiasts. It's lined with showrooms that display Ferraris, Bentleys, and McLarens through giant windows. A…

Deal complaints are on the rise due to rising interest rates and cost of living. Complaints about auto finance deals have doubled in the past year due to drivers having difficulty paying their monthly bills. Abby Thomas, the chief…

German automakers are accused of providing Vladimir Putin's Russia by the backdoor as Central Asia exports boom. Exports of vehicles and parts to Kyrgyzstan have increased by 5,500% compared to 2019, according to the Institute of…

Rolls-Royce has launched a sales program worth £1.5bn to sell its electric plane and flying taxi businesses. Mr. Erginbilgic plans to increase the profits of the jet engine manufacturer by four times. He aims to achieve this by saving…

Elon Musk has branded the escalating Swedish strike against Tesla as "insane", as it threatens to disrupt Tesla's operations across Europe. Last month, about 130 mechanics from Sweden who are members of the IF Metall trade union and work…

Vauxhall's owner Stellantis has been in discussions with a Chinese manufacturer of batteries to build an European factory for auto cells, despite warnings from its chief executive about the danger of Beijing dominating the automotive…

Alex Chesterman, , the founder of Cazoo, will see his shareholdings in the company nearly wiped out when bondholders seize control of the online car seller. Cazoo bondholders agreed to swap their debt for shares of the company.…

Mercedes-Benz said that the electric car market was "brutal" to carmakers due to intense competition forcing them lower prices. The sales of electric cars in Europe and China are on the rise, while the US is further behind. However, the…

California regulators have banned Cruise's self-driving vehicles from state roads. This is a blow to the General Motors owned company, less than three month after they won the right for a robotaxi service. California's Department of…

Tesla has reduced the price of the entry-level Model 3 in Britain, in an effort to increase demand for electric vehicles in light of growing competition and slow sales. The new model of the Model 3 was launched by the carmaker on Tuesday…

The United Auto Workers (UAW) strike, now with the backing of President Biden, is shaking up the automotive industry. As traditional car giants face potential roadblocks, EV specialists like Rivian and Lucid are seizing the moment, as…

Rivian's Q4 prospects are optimistic, but increasing investor frustration and management issues pose challenges for the company's future success.

Pendragon, a car dealer in France, is fighting to get a £260m claim of software fraud against it dismissed by the High Court. It wants to sell its dealerships. Court documents state that a Pendragon subsidiary was accused of fraud…

According to those briefed about the new government regulations, even though ministers are pushing back on a petrol car ban, the UK auto industry will have to meet mandatory targets for electric vehicle sales starting in January. After…