Rolls Royce Motor Cars has unveiled its electric hypercar, the Nightingale, priced at £3 million, targeting an elite group of 100 buyers. This move signifies a strategic shift for the
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Escalating petrol prices triggered by geopolitical tensions in the Middle East, combined with substantially reduced electricity tariffs for domestic charging, have catalysed a marked shift in consumer sentiment towards electric
Electric vehicle charging firms have issued warnings indicating they may need to increase prices due to astronomical rises in their energy bills. Recent reports detail how charges have surged by
Honda and Sony have announced the abrupt cancellation of their plans to produce a £70000 electric vehicle, a decision that marks a significant shift in the automotive landscape. The electric
Rolls Royce Motor Cars has officially abandoned its ambition to become an all-electric brand by the end of the decade. The luxury automotive manufacturer, which in 2022 had announced plans
Shell has joined numerous other stakeholders in urging the Government to implement more incentives for electric vehicle (EV) purchases. This initiative is seen as crucial for bolstering the electric automotive
Bentley Motors has announced significant job cuts, shedding hundreds of positions from its workforce of 4,000. This decision comes after a marked decline in profits, attributed to several factors, including
Volkswagen has commenced mass production of its first model developed in collaboration with the Chinese electric vehicle manufacturer Xpeng. The German automotive giant is focusing on a resurgence in the
Car manufacturers are wary of an impending rush towards electric vehicles as the conflict in the Middle East leads to a significant increase in petrol prices. This development may deter
Stellantis has announced a £50 million investment in its Ellesmere Port facility, aiming to establish a new assembly line for electric Vauxhall Vivaros and other midsize zero-emission vans. This decision
New car registrations in February reached their highest level in over two decades, totalling more than 90,000 vehicles. This figure is the largest for the month of February since 2004.
Stellantis, the parent company of Vauxhall, has announced a staggering loss of €22 billion, attributing this downturn to misjudgements regarding the electrified vehicle market and intense price competition. The company’s
GMR Capital has reported a remarkable pre-tax profit of £98.4 million for the twelve months ending September, surpassing its previous best recorded three years earlier. This achievement reflects a successful
Global automotive dynamics are undergoing a profound transformation as Ford has been surpassed in sales by Chinese car manufacturer BYD for the first time. This shift marks a significant chapter
Stellantis NV shares plummeted 25% at the opening bell on Friday following the disclosure of a €22.2 billion impairment charge related to the abandonment of multiple electric vehicle programmes and
The European automotive manufacturer Stellantis, which includes brands such as Vauxhall, Citroën, and Fiat, has announced a significant adjustment in its strategy regarding electric vehicles. The company reported anticipated future
