Business

sony honda afeela prototype front three quarters static 0

Connected cars

Inside Afeela: Why Sony and Honda are starting a car company

'Three As' philosophy of the the Japanese giants underpins their new car brand's business model

1 February 2023

Inside Afeela: Why Sony and Honda are starting a car company

Peugeot e 208 front quarter tracking 2020

The Peugeot 208 was Europe's best-selling car in 2022

Corporate

Peugeot pledges stronger UK brand image and affordability focus

CEO Linda Jackson details how French brand plans to transform its product range and customer experience

1 February 2023

Peugeot pledges stronger UK brand image and affordability focus

99 Lotus Technology HQ architectural image

Lotus Technology will build 90,000 'lifestyle'-focused Lotus EVs annually by 2028

Finance and corporate

Lotus Technology EV division to go public with SPAC merger

China-based Lotus Technology valued at £4.38 billion as it merges with SPAC firm for Nasdaq listing

31 January 2023

Lotus Technology EV division to go public with SPAC merger

Ford Mustang Mach E GT 2022 front quarter tracking

Ford cut pricing of Mustang Mach-E GT in US by up to $5900 following Tesla's reductions

Car sales

Luca de Meo warns of 'unhealthy' electric car price cuts

Some manufacturers are responding to Tesla's significant discounts with their own price reductions

31 January 2023

Luca de Meo warns of 'unhealthy' electric car price cuts

Luca de Meo CEO of Renault Group

Luca de Meo (pictured) replaces BMW CEO Oliver Zipse as president of the ACEA

Corporate

ACEA will be 'more assertive' amid EV shift, says new president

Renault Group boss Luca de Meo speaks for first time as head of European car industry lobby group

31 January 2023

ACEA will be 'more assertive' amid EV shift, says new president

Toyota bz4X front quarter tracking 2023

Toyota sold 24,466 electric cars in 2022, largely thanks to new bZ4X

Car sales

Toyota remains world’s best-selling car manufacturer

Increase in global production volumes despite parts shortages has Japanese firm retake the top spot

30 January 2023

Toyota remains world’s best-selling car manufacturer

renault 5 concept paris motor show 08 front static

Nissan will invest in Ampere, Renault's new electric vehicle division

Corporate

Renault to reduce Nissan stake following crunch talks

Proposed changes will give each company equal voting rights in the other, subject to board approval

30 January 2023

Renault to reduce Nissan stake following crunch talks

Range Rover 2022 front quarter tracking

Range Rover models ordered now will arrive with customers in 2024

Car sales

Jaguar Land Rover success hinges on three SUV models

Flagship SUV models make up 75% of sales, while Evoque and Discovery Sport sales dwindle

27 January 2023

Jaguar Land Rover success hinges on three SUV models

Audi E Tron Sportback 2021 side charging

The fleet industry previously said AERs had not kept up with rising energy prices

Electric vehicles

Exclusive: HMRC confirms new method for AER calculations

Quarterly reviews will use ONS domestic electricity data to work out business mileage

26 January 2023

Exclusive: HMRC confirms new method for AER calculations

Fabrice Cambolive

Fabrice Cambolive has been promoted from chief operating officer at Renault

Corporate

New Renault CEO to focus on high-margin cars

Fabrice Cambolive to take over as brand boss to boost progress in “high-value segments”

26 January 2023

New Renault CEO to focus on high-margin cars

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