Changan, one of China’s largest state-owned car manufacturers, is intensifying its push into the British automotive market with the launch of its all-electric Deepal S07. With a starting price of
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Tesla continues to outpace competitors in the UK electric vehicle sector even as its European market share faces a significant downturn. According to the latest figures from the Society of
Admiral, one of the United Kingdom’s largest motor insurers, has allocated £50 million to compensate customers who received unfair settlements for stolen or written-off vehicles. In half-year financial results released
The European automotive industry is approaching a point of crisis according to Ola Källenius, chief executive of MercedesBenz and current president of the European Automobile Manufacturers Association The combination of
Uber Technologies has delivered an impressive performance in the second quarter of the year, reporting a 35 per cent rise in adjusted operating profits to $2.1 billion. This surge, fuelled
The chasm between projected car finance compensation costs and current lender provisioning has drawn sharp analysis across the sector. The Financial Conduct Authority anticipates lenders may have to pay between
The UK’s car finance sector has been spared a financial earthquake after a Supreme Court judgment reduced the potential compensation bill facing lenders and dealers. The decision on a long-running
A fierce legal row has erupted between Big Motoring World founder Peter Waddell and private equity group Freshstream, with Waddell claiming he was ousted from his own business through what
A newly emerging scandal in the car finance industry could result in compensation payouts that rival the infamous payment protection insurance (PPI) debacle, according to recent reports. More than 23
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
The UK automotive market continues to show signs of transformation as electric vehicle (EV) registrations surged in May, despite struggles from industry giant Tesla. According to the Society of Motor
The British taxpayer is set to provide critical support to Nissan, the struggling Japanese car manufacturer, with a £1 billion loan guarantee through UK Export Finance (UKEF). This financial backing
Tesla has witnessed a sharp decline in its European sales, dropping by 49 per cent in April compared to the same period last year. Despite a 28 per cent rise
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
British manufacturers and exporters have expressed optimism following the announcement of a breakthrough trade deal between the United Kingdom and the United States. The agreement, confirmed on 8 May 2025,
Aston Martin Lagonda has decided to scale back its exports to the United States as it keeps a close eye on the effects of American tariffs on luxury vehicle demand.
