Industry
Half of cars inspected by Norfolk Trading Standards ‘not road legal’
Trading Standards officers in Norfolk found half of the cars offered for sale by two dealers in the county to not be road legal, after a targeted campaign led them to inspect the vehicles.
Tesla reports 42 per cent drop in operating income, blames EU self-driving regulations
Electric car maker Tesla saw its year-on-year operating income plummet by 42 per cent in Q2, from $1.6 billion (£1.18bn) to $923 million (£683m), according to the company’s latest earnings statement.
Volkswagen Group issues profit warning as low EV demand and Trump tariffs hit home
Volkswagen Group has issued profit warnings after a sharp decline in second-quarter net profit, led by the impact of US import tariffs, and a subsequent weak performance from premium brands Porsche and Audi.
Tariffs Have Cost VW Group $1.5 Billion: 'Negative Impact'
Volkswagen Group has reported that the US’s new tariffs have cost it over a billion dollars so far this year even as sales increase. Here are the details.
World's largest EV maker brands Labour's Electric Car Grant 'stupid'
BYD executives have said that the UK Government's 'stupid' new Electric Car Grant won't stop Chinese EVs taking over and has said it will create a 'drug' effect.
Jaguar Land Rover delays Range Rover Electric launch to 2026 amid challenges
The launch of the electric Range Rover, which has been on the cards for three years, has been delayed yet again, with parent company JLR writing to customers waiting for the model to inform them that deliveries will not start until next year, after initia...
Tesla profits plunge as Elon Musk’s political stance drives away potential buyers
Tesla is still feeling the effects of Elon Musk’s move into politics a year ago as both sales and profits dropped sharply again in the latest quarter.
Chinese brands continue to thrive as European car market struggles
Europe’s new car market went into reverse in June, as monthly registrations dropped by 4.4% year-on-year to 1,250,868 units.
Used van demand up nearly 10 per cent year on year, says Manheim
Demand for used vans is up by 9.3 per cent year on year despite a slowdown in the new van market, according to one of the UK’s leading auction groups.
BYD delays opening tariff-busting European factory until 2026
Chinese car maker BYD will delay mass production at its new electric vehicle factory in Hungary until 2026 and will run the plant at below capacity for at least the first two years, according to reports from news agency Reuters.
Auto Trader predicts record year for car sales, with used car sector showing biggest growth
The overall car sales market is set to reach a new peak in 2025 with 9.75 million sales, according to the latest forecast from Auto Trader.
UK vehicle manufacturing plummets nearly 12 per cent so far in 2025
Production of new cars and vans has fallen by almost 12 per cent in the first half of 2025, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
Tesla's Earnings Call Was Dire
We're looking at Tesla's ever-worsening earnings calls, as well as Hyundai's tariff hit.
Chrysler recalls over 120,000 Jeep SUVs. See impacted models.
Chrysler, which is owned by the same company as Jeep (Stellantis), reported the recall to the NHTSA on July 17.
Alfa Romeo jumps on pre-EV Grant bandwagon by slashing price of Elletrica
Alfa Romeo is the first non-Chinese brand to offer incentivised discounts on its electric models, ahead of official EV Grant details being finalised.
Trump tariffs have cost USA’s biggest car maker $1.1bn in operating income
The USA’s biggest car maker, General Motors, has claimed that President Donald Trump’s tariffs knocked $1.1bn (£813m) off its operating income in its last quarter.