The UK government’s Treasury department has made an unprecedented move to intervene in a Supreme Court case concerning car finance misselling, sparking optimism that the industry might avoid paying out
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Chinese technology manufacturer XPeng has unveiled its groundbreaking Aero HT Land Aircraft Carrier, marking a pivotal moment in the evolution of personal aerial transportation. The innovative vehicle combines a six-wheeled
British luxury automotive manufacturer Rolls-Royce has unveiled plans for a £300 million expansion of its Goodwood facility, signalling a strategic pivot towards bespoke vehicle production amid a 5% decline in
British vanmakers are urging ministers to suspend penalties for manufacturers missing electric vehicle (EV) sales targets in 2024, as current sales remain significantly below government-mandated quotas. Recent data from the
The American automotive giant Ford is bracing for potential penalties approaching £100 million due to its significant shortfall in electric vehicle (EV) sales within the British market. The manufacturer’s performance
Japanese automotive giant Nissan experienced its most significant share price decline since August’s market downturn, as investors scrutinised the implications of its proposed merger with domestic competitors Honda and Mitsubishi.
Electric vehicles (EVs) are poised to outsell traditional internal combustion engine vehicles in China next year, marking a transformative moment in the global automotive industry. Market projections indicate Chinese EV
In a significant move that reshapes the landscape of driver monitoring technology, Seeing Machines has secured £26 million in funding through a strategic partnership with Mitsubishi Electric Mobility, resulting in
In a significant shift towards pragmatic UK-China relations, former Conservative Chancellor Philip Hammond has advocated for Chinese electric vehicle manufacturing on British soil. The endorsement comes as current Chancellor Rachel
Japanese automotive giants Honda and Nissan are in advanced discussions regarding a potential manufacturing partnership that could see Honda return to British soil, utilising Nissan’s Sunderland facility. This strategic alliance
Britain’s financial watchdog has broadened the scope of motor finance complaints to encompass vehicle leasing arrangements, whilst extending the deadline for lenders to respond to claims until December 2025. This
Italian luxury carmaker Lamborghini has announced a delay in launching its first all-electric model until 2029, citing the luxury automotive sector’s unreadiness for full electrification. The VW-owned manufacturer, celebrating its
Nissan and Honda have initiated exploratory discussions regarding a potential merger that would establish a £52 billion Japanese automotive powerhouse, according to sources close to the negotiations. The proposed combination
The United Kingdom’s government is preparing to modify its electric vehicle (EV) regulations as sales struggle to meet expectations. Business Secretary Jonathan Reynolds is launching a swift consultation next week
In a significant strategic shift, General Motors (GM) has announced the termination of its autonomous vehicle venture, Cruise, marking a notable retreat from the robotaxi sector. The decision comes after
American automotive giant General Motors has announced a substantial $5 billion charge against its Chinese operations, highlighting the mounting challenges Western car manufacturers face in the world’s second-largest economy. The
