The European Union’s newly forged trade agreement with the United States has been met with reserved optimism by industry leaders across the continent. The deal introduces a flat 15 per
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The United States has signed a landmark trade agreement with Japan, reducing tariffs on Japanese exports to the US from 25% to 15%. The deal, whilst higher than the current
The automobile industry faces mounting challenges as confusion surrounding the electric car grant scheme potentially threatens manufacturers’ ability to meet the government’s electric vehicle mandate requirements this year. Mike Hawes,
Jaguar Land Rover (JLR) has announced plans to cut 500 management positions following a 15 per cent drop in retail sales during the first quarter of the year. This move
Tesla’s latest quarterly report reveals a substantial decline in vehicle deliveries, marking what could become its second consecutive annual sales decline. The electric vehicle manufacturer delivered 384,122 vehicles in the
The Business Secretary Jonathan Reynolds has received assurances regarding the future of Lotus’s Norfolk manufacturing facility following crucial discussions with its Chinese proprietor over the weekend. The talks arose amid
Leading automotive and cycling retailer Halfords has plunged into the red, reporting a statutory pre-tax loss of £30 million for the 52-week period ending 28 March. The significant downturn stems
In a remarkable turn of events, Skoda, once the subject of automotive ridicule, has surpassed Tesla in European electric vehicle sales. The Czech manufacturer, operating under the Volkswagen Group umbrella,
In a significant development for the UK automotive sector, Chinese manufacturer Chery Auto is evaluating plans to establish its second European manufacturing facility in Britain. The announcement comes as the
Jaguar Land Rover has downgraded its earnings forecast and cashflow expectations for the current financial year, citing global uncertainties and the looming threat of President Trump’s tariffs. The luxury automaker
Chinese carmaker BYD has officially unveiled its most affordable model, the Dolphin Surf, in the UK. Priced at £18,650, it stands among the lowest-priced new vehicles available in Britain. This
Ministers in the UK are poised to make critical decisions on which British car manufacturers will benefit from lower United States import tariffs. This follows negotiations between British and American
Motability, the UK scheme providing cars for disability benefit claimants, has come under fire amid allegations of mismanagement and over-generosity. With a growing customer base and increased public scrutiny, the
The government is reportedly considering changes to salary sacrifice schemes for pensions and benefits in kind, as pressure mounts to address the growing fiscal deficit. Recent surveys commissioned by HM
Aston Martin has raised concerns over the UK government’s failure to provide state backing for small-volume manufacturers, claiming this leaves the company at a distinct competitive disadvantage compared to its
Jaguar Land Rover (JLR) has recorded its highest profit levels in a decade, buoyed by preparations for a new wave of electric vehicle production. The Indian-owned automotive group, part of
