Business

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
EV start ups Arrival, Siaetta, Lunaz
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
Dealership
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
McLaren Artura on road at speed
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
lunaz electric range rover safari front three quarter static
The conversion specialist created the world's first electric drop-top Range Rover
Corporate

Lunaz Group suspends operations as it begins restructure

Classic car electromodder suspends operations days after placing bin lorry electrification arm in administration

21 March 2024
Lunaz Group suspends operations as it begins restructure
Lotus Chapman Bespoke badge
Special badging adorns cars personalised through Chapman Bespoke service
Corporate

Lotus chases Mulliner with new Chapman Bespoke service

New-look Lotus sets its sights on a slice of the customisation pie, which has proven massively successful for rivals

20 March 2024
Lotus chases Mulliner with new Chapman Bespoke service

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