Plans to introduce a new electric vehicle (EV) pay-per-mile tax have taken a significant turn, as van drivers are set to be exempt, while plug-in hybrid vehicles (PHEVs) will not
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The Dutch government is poised to surrender its control over microchip manufacturer Nexperia, potentially resolving a sweeping parts shortage that has threatened automotive production across Europe and Asia. Sources familiar
The American vehicle repossession industry stands on the brink of historic activity, with car seizures reaching their highest level in 14 years. According to Recovery Database Network data, 2.7 million
One in four new cars sold in October were fully electric battery vehicles, latest figures confirm, highlighting a decisive shift in motoring trends. Electric car sales recorded a 23 per
For over a decade, successive UK governments have sidestepped the thorny issue of raising fuel duty. Despite regular expectations from the Office for Budget Responsibility that rates would increase in
Zhang Xuezheng, the enigmatic billionaire entrepreneur behind China’s technology behemoth Wingtech, finds himself at the heart of an international row poised to disrupt Europe’s automotive sector. At age 50, Zhang—often
Claims from ministers regarding government support of Jaguar Land Rover (JLR) in the wake of a damaging cyber-attack have come under scrutiny, as the £1.5bn loan guarantee meant to bolster
European automotive manufacturing stands on the brink as a diplomatic clash between China and the Netherlands brings the industry to its knees. The European Automobile Manufacturers’ Association (Acea) has issued
The modern motorcar depends on a complex network of thousands of electronic components, but the current disruption to just one key element—a microchip—threatens to stall production lines across Europe. Volkswagen,
Tesla has reported record revenue in the third quarter, driven by a significant rush from buyers in the United States aiming to take advantage of expiring electric vehicle tax credits.
Ferrari has unveiled its inaugural full-electric vehicle, the Elettrica, marking a milestone at its Maranello headquarters in northern Italy. Although the long-awaited reveal grabbed the headlines, investors reacted with dismay
As the FTSE 100 and FTSE 250 indices opened broadly flat this week, Aston Martin’s share price drew sharp attention for all the wrong reasons. The iconic carmaker, which fancied
Shares in Aston Martin Lagonda dropped over 8 per cent following a profit warning that marks yet another challenging year for the iconic British carmaker. After suffering a series of
Jaguar Land Rover has secured a £1.5 billion government-backed lifeline to support its business and suppliers through to Christmas after a crippling cyberattack brought operations to a halt. Britain’s largest
Petrol stations across the UK are under fire after the competition watchdog revealed a significant rise in profit margins at the pump. Motorists have been left paying much higher markups
Jaguar Land Rover JLR is making urgent efforts to restart the distribution of spare parts from its Midlands warehouse after a crippling cyber attack left operations at a standstill since
