Corporate

Honda and Nissan considering partnership on electric cars

Japanese giants may join forces to fight off “very aggressive” new competitors

15 March 2024
Honda and Nissan considering partnership on electric cars
Electric vehicles

Editor’s letter: Looking ahead to a very different Beijing motor show

First fully open post-pandemic show since 2019 will reveal the dramatic change that's occurred in China’s car parc

15 March 2024
Editor’s letter: Looking ahead to a very different Beijing motor show
01 chinese cars
Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised
Electric vehicles

UK promises ‘robust measures’ on Chinese EVs

Secretary of state for transport Mark Harper said plans revolve around creating a level playing field

14 March 2024
UK promises ‘robust measures’ on Chinese EVs
MG 4 and VW ID3 charging
VW Group thinks Chinese firms like MG should remain free to sell without tariffs in Europe
Government and legislation

Volkswagen Group: EU tariffs on Chinese cars 'potentially dangerous'

CEO Oliver Blume says making it harder for Chinese firms to sell in Europe could stifle innovation and prompt retaliation

13 March 2024
Volkswagen Group: EU tariffs on Chinese cars 'potentially dangerous'
97 manchester cazoo exterior 0
Cazoo will reposition itself as a rival to Autotrader
Corporate

“Doomed to fail”: How Cazoo burned £1.4 billion on a lost cause

Start-up is abandoning its home-delivery service to set up a classifieds website

13 March 2024
“Doomed to fail”: How Cazoo burned £1.4 billion on a lost cause
2024 porsche macan ev front lead
Macan EV is one of four new Porsche models launching in 2024
Finance and corporate

Porsche predicts profit dip in 2024 after three record years

Heavy investment in new model lines and weak performance in China dampen outlook for this year

12 March 2024
Porsche predicts profit dip in 2024 after three record years
Car sales

Mercedes: cut Chinese EV tariffs to inspire better European cars

CEO Ola Källenius hits out against protectionism, claiming that an open market will spur European firms to improve

12 March 2024
Mercedes: cut Chinese EV tariffs to inspire better European cars
Electric vehicles

Dealers told to prepare for used ICE car supply to drop 69% by 2028

Forecast predicts fights over the most sought-after ICE models and higher demand for hybrids as EV sales swell

11 March 2024
Dealers told to prepare for used ICE car supply to drop 69% by 2028
jaguar land rover dealer
JLR announced last week it had cancelled plans to axe wholesale model
Car sales

Agency model under scrutiny after JLR’s U-turn

Selling direct to customers and offering dealers a flat fee no longer looks an easy win for car firms

11 March 2024
Agency model under scrutiny after JLR’s U-turn
Tech, development and manufacturing

British electric motor maker Saietta goes into administration

The Silverstone-based EV supplier put itself up for sale in February, but no offer with enough capital was received

8 March 2024
British electric motor maker Saietta goes into administration

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