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carmakers

  • Miliband refused to meet motor trade body to discuss zero emissions mandate

    Transport & Infrastructure

    Ed Miliband refused to meet the UK motor industry’s largest trade body during his two-year stint as energy secretary, despite the government’s controversial targets for electric vehicle sales falling partly under his department’s purview. Society of Motor Manufacturers and Traders (SMMT) boss Mike Hawes said his lobby group’s requests to meet the Labour heavyweight and [...]

    Ed Miliband speaking at a podium during a press conference, addressing energy policy reforms and climate change initiatives.
  • Vehicle production drops in first half of year

    Transport & Infrastructure

    British car manufacturers produced considerably fewer vehicles in the first six months of this year, according to fresh figures from the industry’s largest trade group which warned that tariffs and domestic policy decisions were weighing on an already struggling sector. Vehicle production fell by 7.5 per cent between January and July compared to the same [...]

    Car bodies on an assembly line in a UK car plant, showcasing EV manufacturing process
  • Electric vehicle mandate and tariffs put carmakers ‘at risk’

    Casino

    Britain’s ailing car industry could be hollowed out without urgent action to tackle the twin blows of tariffs and the government’s EV mandate, the head of its industry body has warned. Speaking at the SMMT’s annual summit, boss Mike Hawes said that the so-called ZEV mandate – a policy that forces carmakers to sell a [...]

    The so-called ZEV mandate enforces car manufacturers hit steadily increasing annual sales targets for electric cars or face fines.
  • UK manufacturers facing ‘steel quota cliff edge’

    June 16, 2026

    Manufacturers are facing a cliff-edge from the government’s incoming steel tariffs that are likely to inflict “huge damage” on the UK economy, Britain’s largest industry body has warned. In a fresh statement, the British Chambers of Commerce (BCC) sounded the alarm on the impact that that new duties on foreign-produced steel will have on importers, [...]

  • China’s Chery poised to strike deal with Nissan to build cars at Sunderland plant

    June 3, 2026

    Chery is on the cusp of building its first manufacturing presence in the UK in the latest sign of Chinese carmakers gaining a major foothold in Britain’s electric vehicle market. The Omoda and Jaecoo owner, which is the third largest carmaker in China, has unveiled a non-binding memorandum of understanding (MoU) with Nissan to explore [...]

  • Industry chief calls on government to water down steel tariff plans

    May 14, 2026

    Government plans to double tariffs on steel imports pose an enormous threat to Britain’s already ailing manufacturing industry, pushing up costs at a time when many are already in the jaws of an inflationary energy shock, Britain’s largest industry body has warned. In a letter seen by City AM, British Chambers of Commerce (BCC) boss [...]

  • European carmakers slam on the brakes after Trump tariff shock

    May 4, 2026

    Volkswagen reveals €4bn hit even before Washington threats to tear up the Turnberry Deal’s pledge on car import tax Shares in European carmakers were stuck in reverse on Monday, after the sector became the latest to be caught up in threats into the weekend from US President Donald Trump. The White House announced fresh plans [...]

  • Inchcape shares slide amid Asia market ‘challenges’

    March 3, 2026

    Shares in Inchcape tumbled on Tuesday after the car distribution business warned of challenges in Asian markets. The London-listed firm was the worst performer on the FTSE 250 index amid a wider stock sell-off, with its shares sliding almost 9 per cent to 793p – though the stock remains up by 3 per cent since [...]

  • Aston Martin to axe hundreds of jobs as profit plummets

    February 25, 2026

    Aston Martin is poised to cull its workforce by around a fifth after the firm’s bottom line took a beating from President Donald Trump’s erratic tariff agenda. The British manufacturer said on Wednesday it had recognised a provision of £18.7m in relation to expected restructuring costs as it consults on chopping 20 per cent of [...]

  • As Starmer heads to China, Brits rush to buy Chinese EVs

    January 29, 2026

    A couple of years ago, I was invited to the launch of a new Chinese EV brand called Omoda. Myself and a handful of journalists showed up to an inauspicious press event in the basement of a Covent Garden hotel. In the room was parked (I’m still not sure how they got it down there) [...]

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