Business

Vehicle manufacturing UK
vehicle manufacturing

UK records best November car production since 2020

Figures set up a strong start to 2024, says the SMMT, as supply chain issues begin to ease

22 December 2023
UK records best November car production since 2020
Volvo car charging
Car makers will need to show that 45% of an EV's value originated in the UK or EU to remain tariff-free
Business

UK and EU confirm three-year rules of origin delay

Legislation will limit where parts for an electric car can be sourced, with tariffs imposed on offenders

21 December 2023
UK and EU confirm three-year rules of origin delay
electric Volkswagen models on display in dresden
Cost-cutting plan for Volkswagen brand will boost performance of wider VW Group
Corporate

Volkswagen targets huge savings in radical cost-cutting drive

Manufacturing giant is conducting an extensive €10 billion (£8.6bn) three-year savings programme

20 December 2023
Volkswagen targets huge savings in radical cost-cutting drive
ac q4etron charging sportback
Electric vehicles

Audi to slow rollout of electric cars - reports

German brand wants to push cheaper combustion and hybrid models as interest in its EVs wanes

19 December 2023
Audi to slow rollout of electric cars - reports
Used cars
Experts predict the 2024 used car market will return to pre-pandemic levels
Car sales

Used car market set to stabilise for first time since Covid

Bumpy end to 2023 saw trade prices fall in both October and November

19 December 2023
Used car market set to stabilise for first time since Covid
Suppliers
Across Europe in 2023, job losses in the sector have outnumbered jobs created
Recruitment

Suppliers cut thousands of jobs in face of unprecedented disruption

Industry looks to cope with disruption from electrification as car makers move parts creation in-house

18 December 2023
Suppliers cut thousands of jobs in face of unprecedented disruption
volkswagen id 3 infotainment
Cariad’s internal delays hurt the roll-out of the Volkswagen ID 3, for which it developed software
Corporate

VW software developer Cariad cuts costs to avoid lay-offs

Agreement will allow firm to cut development costs by 20% annually amid struggles to develop unified software

15 December 2023
VW software developer Cariad cuts costs to avoid lay-offs
honda n box front three quarter (1)
The Honda N-Box is Japan’s best-selling car so far this year
Electric vehicles

Could a Japan-style mini EV kei category really work in Europe?

Lobby group ACEA presented the idea as a way to widen the currently narrowing electric options for urban drivers

14 December 2023
Could a Japan-style mini EV kei category really work in Europe?
Listen to episode three now
Listen to episode three now
Podcasts

Power List 100 podcast: The rise of China's car makers (ep.3)

Episode three of all-new podcast looks at the movements (and impact) of the Chinese auto industry

13 December 2023
Power List 100 podcast: The rise of China's car makers (ep.3)
93 ev charger suppliers under scrutiny podpoint
PodPoint recently switched focus from fast public devices to home and workplace charging
Tech, development and manufacturing

EV charger companies switch tactics in search for elusive profits

Companies are looking at new business models as shaky medium-term profit outlooks leave investors spooked

8 December 2023
EV charger companies switch tactics in search for elusive profits

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