Industry

Family-run Lloyd Motor Group saw turnover creep towards the £1bn mark last year, but pre-tax profit slipped by over 14%.

A month after the launch of the Electric Car Grant there are still no EVs eligible for the full £3,750 discount.

Luxury car dealer H.R. Owen has expanded its network of high-end showrooms with the opening of a new Lotus site opposite London’s famous Ritz Hotel.

Motorway has extended the time that retailers have to bid in its online auctions as part of a drive to ‘better align with dealer business hours’.

Bumper has raised more than £8m in equity funding with some of the biggest names in the automotive industry agreeing to back the repair finance firm.

Acura, Honda's luxury vehicle division, posted solid growth in the second quarter and first half of 2025, driven primarily by strong SUV sales and expanding electric and crossover offerings. The brand is capitalizing on refreshed model lineups and consume...

Family-run car dealer Vospers saw its profits wiped out in a ‘challenging’ 2024, with the firm slipping to a pre-tax loss.

Polestar has added to its UK dealer network with the opening of a new site in Kent.

The Mercedes-Benz C-Class gave dealers the highest retail margin in the sub-£10k retail bracket last month, while Land Rover continued to be most profitable brand.

Slate Motors (also known as Slate Auto) is an emerging American electric vehicle (EV) startup that is rapidly gaining attention in 2025. Founded in 2022 and headquartered in Troy, Michigan, Slate is focused on producing affordable, modular, and customizab...

Lucid Motors, a leading luxury electric vehicle manufacturer, reported continued operational growth in Q2 2025 amid ongoing challenges in the EV market and supply chain. The company is focused on ramping production of its flagship models, expanding strate...

Genesis, the luxury automotive brand under Hyundai Motor Group, continues to build on its reputation for premium vehicles with a focus on design, technology, and electrification. The brand experienced mixed financial results in early 2025 while maintainin...

Polestar, the premium electric vehicle (EV) brand headquartered in Gothenburg, Sweden, continued to demonstrate strong growth and operational improvements in 2025. The company reported significant revenue expansion, improving gross margins, and narrowing...

Chrysler, a brand under Stellantis, faced a mixed performance in the first half of 2025 amid industry-wide challenges including tariff pressures, supply chain issues, and shifting consumer preferences. The brand continues to rely on its key minivan models...

SsangYong, now rebranded as KG Mobility following rescue from bankruptcy by the KG Group, continued its recovery efforts in 2025. The company, a South Korean automaker specializing in SUVs and electric vehicles, faced ongoing financial challenges but show...

Karma Automotive, a Southern California-based ultra-luxury electric vehicle (EV) company, celebrated its 10th anniversary in 2025 while expanding its portfolio with new hybrid and fully electric models. The company operates as a niche luxury automaker wit...