car plant nissan
A 58% rise in car production for the UK market during February was notable
Manufacturing

Domestic demand drives sixth month of UK car production growth

But the market is still heavily reliant on exports, with 74% of output sent overseas

28 March 2024
Domestic demand drives sixth month of UK car production growth
JLR new directors
Leonie Raistrick, Santino Pietrosanti and Alan Nicolson
Finance and corporate

JLR names three UK directors to head up its 'house of brands'

New UK leadership team tasked with putting Jaguar, Range Rover, Defender and Discovery "in their own spotlight”

28 March 2024
JLR names three UK directors to head up its 'house of brands'
fisker ocean review 2023 01 cornering front
Fisker Ocean production was last week paused for six weeks
Corporate

Fisker almost halves US Ocean prices in urgent fundraising drive

Range-topping Ocean Extreme is cut by $24,000 as EV company aims to quickly sell stock and avoid bankruptcy

27 March 2024
Fisker almost halves US Ocean prices in urgent fundraising drive
Ford dealer night
Ford will now adopt what it calls an 'advanced franchise' strategy, with greater use of customer data
Car sales

Ford backs European franchise dealers in agency U-turn

Company will maintain traditional dealer model with assistance of data-sharing – but will downsize network

26 March 2024
Ford backs European franchise dealers in agency U-turn
Electric vehicles

Failures of British EV start-ups prompt calls for support

"The UK is notoriously bad in supporting start-ups through to maturity," says business economics expert

26 March 2024
Failures of British EV start-ups prompt calls for support
Car sales

Consumer watchdog calls for car dealers to be licensed

Levels of crime and fraud are rising while spending on Trading Standards departments is falling, says CTSI

25 March 2024
Consumer watchdog calls for car dealers to be licensed
West Midlands Gigafactory
The Coventry site is set to produce 60GWh once it has been fully expanded
Tech, development and manufacturing

Chinese EV battery manufacturer to invest £1.2bn in UK factory - reports

New 'gigafactory' in Coventry will create up to 6000 jobs and produce up to 60GWh per year in its final form

25 March 2024
Chinese EV battery manufacturer to invest £1.2bn in UK factory - reports
Finance

Bahrain state fund takes full ownership of McLaren Group

Long-awaited share restructure is a step towards funding the company's future product plan

22 March 2024
Bahrain state fund takes full ownership of McLaren Group
Adrian Hallmark out
New Aston Martin CEO Adrian Hallmark has led Bentley for six years
Car sales

Bentley boss Adrian Hallmark named new Aston Martin CEO

Hallmark leaves Bentley after six years to take over from Amedeo Felisa at Aston Martin

22 March 2024
Bentley boss Adrian Hallmark named new Aston Martin CEO
25 volkswagen golf 2020 rt static
Volkswagen was the continent’s biggest seller with 86,449 sales in February
Car sales

Hybrids close gap to petrol cars in Europe as EV demand flattens

Data from EU industry body shows growth in hybrid sales was driven by big gains in France, Spain, Germany, Italy

21 March 2024
Hybrids close gap to petrol cars in Europe as EV demand flattens

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