Automotive industry

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European Union officials have launched a four-month probe into the $50bn mega-merger between Peugeot owner PSA and Fiat Chrysler (FCA) over competition fears.

European Union officials have launched a four-month probe into the $50bn mega-merger between Peugeot owner PSA and Fiat Chrysler (FCA)

June 17, 2020
Luxury carmaker Jaguar Land Rover (JLR) fell to a £501m loss in the fourth quarter, it was announced today, as the coronavirus hammered unit sales.

Luxury carmaker Jaguar Land Rover (JLR) fell to a £501m loss in the fourth quarter, it was announced today, as

June 15, 2020
The $50bn mega-merger between car giants Fiat Chrysler and Peugeot owner PSA is facing a four-month competition probe from European antitrust officials after the companies failed to provide requested concessions.

The $50bn mega-merger between car giants Fiat Chrysler and Peugeot owner PSA is facing a four-month competition probe from European

June 11, 2020
The European Commission may seek concessions in order to clear the proposed $50bn (£39.6bn) merger of Fiat Chrysler and Peugeot owner PSA over competition concerns.

The European Commission may seek concessions in order to clear the proposed $50bn (£39.6bn) merger of Fiat Chrysler and Peugeot

June 8, 2020
The UK car industry made just 197 cars in April as the shuttering of factories due to the coronavirus pandemic sent production flatlining.

The UK car industry made just 197 cars in April as the shuttering of factories due to the coronavirus pandemic

May 29, 2020
Supercar firm McLaren has arranged a new £150m financing facility with Bahrain’s national bank, the lender announced today.

Supercar giant McLaren today announced it would cut 1,200 jobs across all of its operations due to the combination of

May 26, 2020
The UK car industry has called for a government stimulus package and extended furlough support to help it recover from the coronavirus crisis.

The UK car industry has called for a government stimulus package and extended furlough support to help it recover from

May 4, 2020
Outspoken Tesla chief executive Elon Musk labelled the US’ coronavirus lockdowns as “fascist”

Outspoken Tesla chief executive Elon Musk labelled the US’ coronavirus lockdowns as “fascist” as the firm surprised investors with another

April 30, 2020
The coronavirus crisis hammered British car manufacturing in March, with the total number of vehicles produced falling 37.6 per cent compared to a year ago.

The coronavirus crisis hammered British car manufacturing in March, with the total number of vehicles produced falling 37.6 per cent

April 30, 2020
French car giant Renault has scrapped its joint venture with Chinese firm Dongfeng Motor Group due to weak sales at the loss-making partnership.

French car giant Renault has scrapped its joint venture with Chinese firm Dongfeng Motor Group due to weak sales at

April 14, 2020
The chairman of French car giant Renault has said that the firm could seek loans of up to €5bn to protect it against damage from the coronavirus pandemic.

The chairman of French car giant Renault has said that the firm could seek loans of up to €5bn to

April 10, 2020
BMW’s sales dropped over 20 per cent in the first quarter of the year due to the coronavirus outbreak, the German car giant said today.

BMW’s sales dropped over 20 per cent in the first quarter of the year due to the coronavirus outbreak, the

April 6, 2020

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