Industry
Ford Is Moving Its World Headquarters for the First Time in Seven Decades
After nearly 70 years at its iconic “Glass House” building in Dearborn, Michigan, Ford Motor Company is relocating its global headquarters 3 miles away to a brand-new, state-of-the-art campus.
Nissan's Crisis Deepens: How Bad Is It and Can the Iconic Brand Survive?
Nissan is facing one of the most severe crises in its recent history, posting a staggering $4.5 billion net loss for the fiscal year ending March 2025. This colossal financial black hole, coupled with an 88% plunge in operating profits despite stable reve...
Global Electric Car Sales Jumped 25 Percent While Canada Dropped By A Third
In China, year-to-date sales are up 25 percent, but only rose by 6 percent in August
Ford Slashes 1,000 Jobs in Germany As EV Sales Slow
Ford has announced the elimination of up to 1,000 jobs at its Cologne plant, a direct result of the low demand for its electric vehicles.
Car dealer Gravells posts reduced profits but bosses back firm to bounce back in 2025
Bosses at Gravells are expecting the firm to be in an ‘improved position’ by the end of this year after the Welsh outfit announced reduced profits for 2024.
Half of car dealers still back Electric Car Grant despite concerns over ‘complex’ scheme
Almost half of car dealers are backing the government’s new Electric Car Grant to provide a boost for EV sales, despite the fact only a handful of cars are set to qualify for the full discount.
JLR shuts factories for another week with claims they may remain silent ‘until November’
Jaguar Land Rover has told staff and suppliers today that its factories will remain shut until September 24.
Car dealer Kevin Mackie receives boost as legal case gets Commons backing from MP
Car dealer Kevin Mackie’s ongoing fight against RCI Financial Services has received a boost after the case was raised in parliament.
Is Demand for Electric Vehicles Waning or Just Clickbait Hype?
Recent headlines have suggested that demand for electric vehicles (EVs) might be slowing, with some carmakers halting or cancelling new EV models. But a closer look at the data shows a more nuanced story.
FCA teaming up with influencers to highlight dangers of car finance claim adverts
The Financial Conduct Authority (FCA) is partnering with influencers to raise awareness of the dangers of car finance claim adverts.
Stellantis UK sets aside £37m for motor finance mis-selling scandal costs
Stellantis has put £37m to one side as it prepares to take a hit from the car finance mis-selling scandal.
Marshall Motor Group expands Chinese car business with new Chery showrooms
Marshall Motor Group has announced it’s adding Chinese car brand Chery to its list of franchises, along with growing its Omoda and Jaecoo businesses.
Jaguar Land Rover Still Grounded by Cyberattack as MPs Demand Government Action
Jaguar Land Rover has been stuck in neutral since a cyberattack hammered its global operations three weeks ago. None of its factories are producing cars. The hackers behind the attack—likely the same group that hit Marks & Spencer earlier this year—cr...
The Cyber Attack Hammering Jaguar Land Rover’s Bottom Line
Jaguar Land Rover is battling a cyber attack that’s stalled production and cost the company millions every day. Here’s what’s happening and why it could reshape the automaker’s near future.
JLR plants shut down will continue into next week, confirms manufacturer
Jaguar Land Rover’s (JLR) has confirmed to staff that its production halt is to be extended into next week as disruption continues after a major cyberattack.
Council backs car dealership’s plans to open five-storey storage facility
Portsmouth City Council has backed local car dealer Richmond Motor Group’s plans to build a 722-car storage facility in the town.