Business

BMW X3 production Spartanburg
Corporate

Trump tariff gloom lifts following UK trade deal and BMW news

The US president has proven that he can be persuaded to reduce his punitive car import tariffs

9 May 2025
Trump tariff gloom lifts following UK trade deal and BMW news
Bentley
Government and legislation

Trump slashes import tariff for UK-made vehicles to 10%

Tax applies to first 100,000 cars exported from UK to US; reduced from a previously announced 25% rate

8 May 2025
Trump slashes import tariff for UK-made vehicles to 10%
Range Rover Evoque front quarter tracking 2024
JLR currently builds the Range Rover Evoque in India but not the highly profitable full-size Range Rover
Corporate

India cuts tariff on UK-built luxury cars tenfold

Import tax on “high-end” cars will drop from more than 100% to 10%, subject to sales quotas

6 May 2025
India cuts tariff on UK-built luxury cars tenfold
Renault 5 front quarter on dealer forecourt
Renault's new 5 was the most popular EV with retail buyers in its first full month on sale
Car sales

Sales of EVs and PHEVs grow despite wider new car market dip

Registrations of new cars dropped by more than 10% between April 2024 and April 2025

6 May 2025
Sales of EVs and PHEVs grow despite wider new car market dip
trump tariffs getty
Corporate

Trump tariffs: car makers struggle to mitigate loss of billions in profit

For many, the imposition of a 25% US import charge spells crisis. But for some, it's a major opportunity

6 May 2025
Trump tariffs: car makers struggle to mitigate loss of billions in profit
iCar V23 Camel Trophy front quarter
iCar majors on customisation: this example mimics Land Rover's Camel Trophy competition cars
Electric vehicles

Inside iCaur, the new UK-bound Chinese 4x4 brand channelling Jeep

Chery-owned 4x4 brand's 'salute to the classics' will now look to rival them – and on their home turf, too

2 May 2025
Inside iCaur, the new UK-bound Chinese 4x4 brand channelling Jeep
Engine assembly
Manufacturing

Horse: Why 'everyone is interested' in partnering new engine maker

Geely-Renault engine maker in demand amid slower-than-expected growth in EV sales

1 May 2025
Horse: Why 'everyone is interested' in partnering new engine maker
aston martin valour 2024 front quarter static
Lower sales of high-value 'specials' were cited as the reason for a drop in revenue
Corporate

Aston Martin cuts losses despite drop in revenue

Loss of £79.6m is almost half the £138.8m loss recorded in the first quarter of 2024, as cost-cutting plan progresses

30 April 2025
Aston Martin cuts losses despite drop in revenue
Jeep Gladiator production
Trump administration has announced relief on import taxes on foreign-made car parts
Corporate

Stellantis axes 2025 profit forecast, citing tariff unpredictability

Massive group is the latest of several car makers to suspend earnings guidance following Trump bombshell

30 April 2025
Stellantis axes 2025 profit forecast, citing tariff unpredictability
15 volkswagen id 4 2021 uk first drive review charging
Retail and finance

Volkswagen Group blames 40% drop in profits on rise in EV sales

Low profit margins of EVs compared with combustion siblings leaves the group with a 4% margin

30 April 2025
Volkswagen Group blames 40% drop in profits on rise in EV sales

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