Nick Gibbs

Nick Gibbs
Title: Business correspondent
News

Hybrids shine as private electric car sales lag

Hybrids outsold EVs by almost 2:1 in 2023's private market; overall EV sales inflated by incentivised fleet market

Hybrids shine as private electric car sales lag
merceqsgrill
New grille for electric EQS (left) replicates that of the ICE S-Class (right)
News

Facelifted Mercedes EQS gets traditional grille and uprated battery

Electric limousine retains option of normal grille, due to customer demand; now also comes with more range

Facelifted Mercedes EQS gets traditional grille and uprated battery
Mercedes benz E300eSaloon
Mercedes has been hit by a weakening in demand for electric vehicles
News

​Mercedes-Benz to continue combustion car sales “well into 2030s”

German manufacturer revises its ambition to become an electric-only brand by 2030

​Mercedes-Benz to continue combustion car sales “well into 2030s”
Lotus line up 2
Lotus rebranded as an electric-only car maker following its takeover by Chinese behemoth Geely
News

Lotus EV division valued at $5.5bn in public listing

Listing on the New York stock exchange will value EV-focused Lotus Technology division at $5.5 billion

Lotus EV division valued at $5.5bn in public listing
26 land rover defender 2020 rt otr front 0
The UK's best-selling diesel model by far is the Land Rover Defender
News

UK diesel car sales rise following electric car stumble

Diesel sales rose 12% in December 2023, briefly interrupting a decline that began back in 2016

UK diesel car sales rise following electric car stumble
Ford Active Park Assist
Ford claims it will save around $10 million per year by removing the Puma's Active Park Assist
News

Use it or lose it: carmakers killing unused features

After Tesla ditched indicator stalks, Ford has now removed its automated parking tech - saving millions of pounds

Use it or lose it: carmakers killing unused features
Range Rover HSE P440e
JLR continues to forecast healthy returns up to its promised 10%+ margin by 2026
News

How JLR overcame financial gloom to boom again

British brand's turnaround has been fuelled by higher sales of its most profitable models

How JLR overcame financial gloom to boom again
mercedes benz huddersfield refurb interior 3 high res
Pendragon sold its dealer network to Oregon-based Lithia Motors for £397 million
News

US dealer group Lithia completes Pendragon takeover

Sale caps a year-long period in which North American firms have bought some of UK’s biggest dealer groups

US dealer group Lithia completes Pendragon takeover
Renault 5 concept front quarter
Renault cited "current equity market conditions" for cancelling its plan to list Ampere
News

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

The stock market has fallen out of love with electric cars
afeela concept
Sony-Honda car brand Afeela actively celebrates its partnerships
News

Suppliers and OEMs embrace collaboration in tech-heavy vehicle race

Car development from mechanical device to software machine is prompting suppliers to open up hardware to tech firms

Suppliers and OEMs embrace collaboration in tech-heavy vehicle race
News

Renault cancels IPO for Ampere EV division

Firm says market conditions are no longer suitable for a public listing

Renault cancels IPO for Ampere EV division

Pages