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automotive

  • Aston Martin loses over £200m ahead of production ramp-up

    July 24, 2024

    A fall in demand for luxury models led to Aston Martin losing more than £200m during the first half of 2023, it has been revealed.

  • Carwow valued at £250m as it taps US investor in funding round

    July 14, 2024

    San Francisco-based Bessemer Venture Partners has put its weight behind the UK online vehicle marketplace.

  • UK set to miss EV sales targets by 2030 or 2035

    July 3, 2024

    The UK is set to significantly miss current targets for electric vehicle (EV) sales by either 2030 or 2035, when bans on the sale of petrol and diesel cars will be introduced, according to a new report.

  • Electric vehicles lead ‘massive change’ in UK factories

    June 27, 2024

    Electric vehicles made up almost two fifths of all new cars produced in the UK in May, according to new figures, as 26,475 models rolled off factory lines.

  • Aston Martin workers to get four per cent pay rise

    June 10, 2024

    Aston Martin has announced plans to hike pay by 4 per cent for its workers, while also proposing a series of "employee wellbeing" perks.

  • The car industry is wrong about private electric vehicle demand

    June 6, 2024

    Falling demand from private buyers has dominated media headlines on EV's throughout this year. But experts argue the industry's figures are inaccurate.

  • McLaren recruits former Rolls-Royce boss in board shake up

    May 28, 2024

    McLaren has brought in the former head of Rolls Royce Motor Cars, Torsten Muller-Otvos, to its board alongside a number of other senior appointments.

  • Aston Martin losses rise more than forecast ahead of production ramp-up

    May 1, 2024

     Aston Martin first quarter losses rose ahead of expectations as the supercar maker prepped for a production ramp up later in the year.

  • Explained: The UK’s Chinese electric vehicle insurance quandary

    April 30, 2024

    Chinese electric cars are expected to flood the UK market and there is a growing nervousness among insurers that premiums could soar in response.

  • Stellantis: Vauxhall owner struggles after record 2023

    April 30, 2024

    Stellantis missed forecasts on Tuesday after first quarter revenue dropped 12 per cent to €41.7bn (£35.6bn).

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