German automotive manufacturers witnessed a significant market downturn today as Donald Trump’s presidential victory fuelled concerns over potential steep tariffs on European vehicles. Share prices for major German automakers experienced
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German automotive giant BMW has witnessed a staggering 79.4 per cent decline in third-quarter profits, primarily driven by challenges in its braking systems and a significant downturn in Chinese consumer
Leading international automakers Toyota, Honda and BMW have reported significant drops in quarterly profits, primarily due to mounting challenges in the Chinese market. The world’s largest automotive market has become
2024 has been an extraordinary year for Rolls-Royce (LSE:RR.) shareholders. The engineering giant has seen its market capitalization skyrocket, with the share price surging more than 80% since the beginning of the year. This impressive performance can be attributed to a new management team successfully steering the company back to profitability.
A groundbreaking court ruling involving a £1,651 commission on a Suzuki Swift could trigger a devastating £13 billion compensation crisis for the car finance industry. Marcus Johnson, a 34-year-old factory
Europe’s largest automaker, Volkswagen, finds itself embroiled in an unprecedented crisis as it grapples with mounting pressure from workers, politicians, and market forces. The company’s struggle to navigate the electric
The automotive industry is witnessing a significant shift in consumer behaviour as JLR, the West Midlands-based Indian-owned manufacturer, reports a remarkable 29 per cent increase in plug-in hybrid vehicle sales
British luxury automaker Aston Martin Lagonda continues to face significant operational challenges, with the company reporting persistent losses and declining performance across key metrics. The iconic manufacturer is currently consuming
Major car finance companies have suspended lending operations following a groundbreaking Appeal Court ruling, throwing Britain’s automotive sector into disarray. The judgement, which found lenders liable for undisclosed commissions, has
Leading financial institutions have engaged in urgent discussions with the UK Treasury amid growing concerns about potential upheaval in the consumer credit sector following a groundbreaking court ruling on car
Volkswagen AG, Europe’s largest automaker, has found itself in a precarious position following a 64 per cent decrease in quarterly net profit, primarily due to a significant downturn in sales
Tesla shares soared Wednesday after the company reported a higher-than-expected quarterly profit. The company also forecasted “slight” growth in deliveries in 2019 and a large jump in 2025. This performance
I bought a Tesla Model 3 in June for £42,791. The advert stated that the car had a 318-mile range, but when I charged the battery fully the car’s display
Volkswagen’s motor finance division has been fined £5.4m by the City regulator, and will pay more than £21.5m in compensation. This is for its “serious failures” in treating customers in
Owners of Vauxhall Citroen Peugeot have said that a decision on the future of their UK plants will be taken “in the coming weeks” amid a dispute over government electric
The European automakers plan to launch dozens of electric models at affordable prices next year, as they prepare for a “EV Winter” fueled by the tougher EU carbon emissions targets
