Why Uber chief thinks electric cars are ‘just plain better’ October 8, 2024 Electric vehicles (EVs) are “just plain better”, the chief executive of Uber has claimed, as the ride-hailing app giant detailed plans to doubling down on accelerating to be fully electric in the UK. Dara Khosrowshahi made the comments as he spoke at Uber’s annual green event at the Science Museum in London on Tuesday. The [...]
These amazing apartments are designed to look like your supercar October 7, 2024 Do you love your car? Enough to sleep in it? Or, more accurately, do you love your car enough to sleep in a residence built from the ground up to reflect its shape, its personality, its philosophy? A growing number of (extremely rich) people do, with such branded residences popping up from Dubai to Spain [...]
Vauxhall sheds hundreds of jobs as sales accelerate by over £300m October 7, 2024 Vauxhall shed hundreds of jobs in 2023 as its sales accelerated by more than £300m, it has been revealed. The Stellantis-owned brand has reported a turnover of £2.63bn for its latest financial year, up from the £2.29bn it achieved in 2022. Newly-filed accounts with Companies House also show that its pre-tax profit also increased from [...]
Autoglass owner’s profit more than doubles as sales accelerate October 1, 2024 Profit surged by 120 per cent at the owner of Autoglass as its sales jumped to almost £500m during its latest financial year. Belron International, which is headquartered in Surrey, has reported a pre-tax profit of £336.8m for 2023, up from the £155.3m it achieved in 2022.Belron International Newly-filed accounts with Companies House also show [...]
Bentley Continental GT Speed 2024 review: Need for speed October 1, 2024 The Continental GT changed everything for Bentley. In 2002, the craftspeople in Crewe – many of whom still referred to their workplace as ‘Royce’s’ ‒ hand-built just over 1,200 cars. But when the svelte new W12-powered coupe was unveiled in early 2003, dealers were inundated with 6,500 advance orders. Almost overnight, Bentley had gone from [...]
Pirelli: ‘Strong’ UK price rises helps sales near £500m at tyre giant September 30, 2024 The UK arm of Pirelli has said “strong” price rises helped its sales and pre-tax profit accelerate during its latest financial year. The company has reported a turnover of £471.3m for 2023, up from the £419.3m it achieved in 2022. Newly-filed accounts with Companies House also show its pre-tax profit improved from £11.5m to £14.3m [...]
Volkswagen Golf GTI 2024 review: The end of an era September 26, 2024 Last year, Volkswagen quietly filed a trademark application for a GTI badge in which the letter ‘I’ is replaced by a lightning bolt. The new logo suggests the GTI will live on even after the ninth-generation Golf goes fully electric in 2028. As car enthusiasts, we can all be thankful for that. A battery-powered GTI [...]
Car production falls but sector ‘optimistic about return to growth’ September 26, 2024 Car production fell last month, continuing a trend seen across the year, new figures show. The number of cars built in UK factories was 8.4 per cent lower in August compared to the same month last year. The Society of Motor Manufacturers and Traders (SMMT) said 41,271 new cars left production lines, 3,781 fewer than [...]
Jaguar Land Rover plans £500m ‘factory of the future’ in UK electric vehicle drive September 26, 2024 Jaguar Land Rover (JLR) has announced plans to invest £500m to transform one its historic factories as part of its drive to build more electric vehicles. The Whitley-headquartered automotive giant has already spent £250m on upgrading the Halewood plant, near Liverpool, which was originally constructed in 1963 to make the Ford Anglia. The work will [...]
A lesson from King Canute for the EV transition: You can’t force hype September 25, 2024 European politicians need to learn a few lessons about demand, writes Paul Ormerod