Corporate

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
polestar 2 review 2023 04 tracking front
Volvo Cars holds a 48.3% stake in Polestar, which was founded in 2017
Corporate

Polestar secures £750 million funding to target future growth

Three-year loan from 12 international banks will help car maker invest for future after forthcoming split from Volvo

29 February 2024
Polestar secures £750 million funding to target future growth
Audi badge 2024
The move comes after delays in the introduction of several key Audi production models
Corporate

Audi could oust tech boss for new model delays

Technical development boss Oliver Hoffmann could be asked to step down by Audi's CEO

21 February 2024
Audi could oust tech boss for new model delays
Renault 5 concept front quarter
Renault cited "current equity market conditions" for cancelling its plan to list Ampere
Corporate

The stock market has fallen out of love with electric cars

Renault's decision to cancel Ampere division's IPO is the latest in a long line of recent investor snubs

1 February 2024
The stock market has fallen out of love with electric cars
AC GW24 Main Logo CMYK OUTLINE RGB
Corporate

Autocar Great Women 2024: nominations now open

Event, to be held on 30 April, celebrates the achievements of the most influential women across the motoring sector

24 January 2024
Autocar Great Women 2024: nominations now open
Rolls Royce Spectre factory front quarter
The Rolls-Royce Spectre has a full order book for 2024
Corporate

Rolls-Royce sets new sales record as Bespoke programme shines

Every car sold by Rolls-Royce in 2023 had some element of customisation, reaching record values

8 January 2024
Rolls-Royce sets new sales record as Bespoke programme shines
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
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
Torsten Muller Otvos with Rolls Royce Cullinan
Müller-Ötvös has presided over a rise in annual Rolls-Royce sales from around 1000 to more than 6000
Corporate

Rolls-Royce CEO Torsten Müller-Ötvös retires after 14 years

German departs after transforming Rolls-Royce into industry powerhouse; to be replaced by Chris Brownridge

5 October 2023
Rolls-Royce CEO Torsten Müller-Ötvös retires after 14 years
Christian Meunier between Jeep Wagoneer S and Jeep Recon
Meunier previewed Wagoneer S and Recon EVs last year
Corporate

Jeep CEO Christian Meunier leaves after five transformative years

Meunier has led Jeep's wide-reaching electrification programme and launched several crucial new models

29 September 2023
Jeep CEO Christian Meunier leaves after five transformative years

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