Rolls Royce Invests £300 Million Pounds in UK Manufacturing as Sales See Modest…
British luxury automotive manufacturer Rolls-Royce has unveiled plans for a £300 million expansion of its Goodwood…
Browsing Tag
automotive industry
Tesla Records First Annual Sales Decline in Ten Years as BYD Gains Ground
Tesla's global vehicle sales experienced their first decline in a decade during 2024, dropping 1.1 per cent to 1.79…
UK Vanmakers Demand Pause on Electric Vehicle Penalties as Sales Stagnate
British vanmakers are urging ministers to suspend penalties for manufacturers missing electric vehicle (EV) sales…
Ford Set to Face 100M GBP Penalty Due to Lagging Electric Vehicle Sales in Britain
The American automotive giant Ford is bracing for potential penalties approaching £100 million due to its…
Nissan Share Price Plummets Amid Honda Merger Speculation Raises Market Concerns
Japanese automotive giant Nissan experienced its most significant share price decline since August's market…
Honda and Nissan Consider UK Manufacturing Partnership Set to Revitalise British…
Japanese automotive giants Honda and Nissan are in advanced discussions regarding a potential manufacturing…
Car Finance Complaints Process Extended to Include Vehicle Leasing Deals Until…
Britain's financial watchdog has broadened the scope of motor finance complaints to encompass vehicle leasing…
Lamborghini Delays Electric Supercar Launch Until 2029 as Luxury Market Hesitates
Italian luxury carmaker Lamborghini has announced a delay in launching its first all-electric model until 2029,…
Japanese Auto Giants Nissan and Honda Enter Historic Merger Talks Creating 52…
Nissan and Honda have initiated exploratory discussions regarding a potential merger that would establish a £52…
UK Government Set to Revise Electric Vehicle Mandate amid Industry Pressure and…
The United Kingdom's government is preparing to modify its electric vehicle (EV) regulations as sales struggle to…
General Motors Takes $5 Billion Dollar Hit as China Operations Face Local…
American automotive giant General Motors has announced a substantial $5 billion charge against its Chinese…
Stellantis Chief Executive Carlos Tavares Steps Down Amid Profit Slump
The automotive industry was jolted yesterday as Carlos Tavares, chief executive of Stellantis, abruptly resigned…
TI Fluid Systems Set For One Billion Pound Exit From London Stock Exchange
The London Stock Exchange is poised to bid farewell to yet another significant player as TI Fluid Systems agrees to…
Aston Martin Share Price Tumbles as Emergency Fundraising and Profit Warning Shake…
Luxury car manufacturer Aston Martin Lagonda witnessed its shares plummet to a two-year low following an emergency…
Car Finance Scandal Could Lead To Billions In Consumer Claims As FCA Issues…
Britain's car finance industry faces unprecedented turmoil following a landmark Court of Appeal ruling that could…
UK Government Stands Firm on Electric Vehicle Sales Mandate Despite Industry…
The British government appears poised to reject appeals from electric vehicle manufacturers seeking relief from…
Britain Prepares to Ease Electric Vehicle Sales Rules as Industry Faces Crisis
The UK government is poised to modify regulations governing the electric vehicle (EV) market amid mounting pressure…
German Car Industry Shares Plummet as Trump Victory Sparks Tariff Fears
German automotive manufacturers witnessed a significant market downturn today as Donald Trump's presidential…