Industry

Porsche taps Michael Leiters to take over as chief executive from January 2026, replacing Oliver Blume amid a push for fresh leadership and new direction.

Germany withdrew EV subsidies in 2023 but is bringing back discounts for affordable models, including used EVs

Polaris has announced the sale of a majority stake in Indian Motorcycle to Carolwood LP, marking a new chapter for the iconic American motorcycle brand and a strategic shift for Polaris.

America’s new car market just hit an extraordinary benchmark, with average prices topping fifty thousand dollars for the first time ever pricing millions out of a new ride.

Lloyds Banking Group signals it may need to boost its £1.2 billion provisions for compensation payouts linked to the motor finance commissions scandal as UK regulators forecast up to £11 billion in total payouts for affected customers.

A recent analysis exposes the harsh depreciation rates hitting some Chinese electric vehicles, shedding nearly 75 percent of their value within three years, highlighting sharp contrasts between the UK and US used car markets.

Data reveals Chinese car brands nearly doubled their market share in Europe this year, shaking up established players as consumers shift toward more affordable, tech-savvy alternatives.

Jaguar Land Rover (JLR) is kicking its factory operations back into gear after a devastating cyberattack halted production for over a month, causing billions in lost revenue and disrupting supply chains.

Jaguar Land Rover’s third quarter of 2025 saw a sharp decline in sales and profit, attributed largely to a crippling cyberattack and the ramp-down of Jaguar legacy models. Despite challenges, JLR maintains cautious optimism for recovery and continued elec...

BYD’s electric vehicles have taken the UK by storm, delivering 35,600 cars in the first nine months of 2025 and boosting its UK market share to 3.6 percent, making it the Chinese automaker’s biggest market after China itself.

A cyberattack by the hacker group Scattered Spider forced Jaguar Land Rover to shut down its global IT network and halt production across multiple plants for weeks in 2025. The attack disrupted supply chains, caused significant financial losses, and expos...

Volvo reported its best ever September sales figures in the UK, with 11,569 cars sold a 23% year-over-year increase thanks largely to the fresh buzz around the all-electric EX30 and a direct-to-consumer retail model. The compact EV's popularity played a p...

Aston Martin has issued a stark warning about its financial health in 2025, forecasting losses exceeding £110 million ($147.8 million), a marked deterioration from previous expectations of breaking even. The British luxury carmaker blames a mix of factors...

Despite all the doom and gloom sensational stories, Elon Musk is thriving. In October 2025, he became the first person in history to reach a net worth of $500 billion, driven primarily by the strong performance of Tesla and significant valuations of his o...

Chalk it up to any number of factors, but one thing is clear—it is not a good time to be selling enthusiast cars. Almost across the board, sales are down so far this year.

Hyundai's sales in the U.S. surged to a record high this year, thanks to a mix of unexpected standouts and electrification momentum. Through September, Hyundai sold 678,349 vehicles, marking an 11% increase over the same period in 2024. September itself w...