Industry
Vauxhall owner Stellantis reports €2.3bn loss from tariff impacts and market uncertainty
Global carmaker Stellantis, which owns the Peugeot, Citroen, Vauxhall, Opel, Fiat, Alfa Romeo, Dodge, RAM, Chrysler, Abarth and Lancia brands, has reported a loss of €2.3 billion (£2.01bn/US $2.7bn) in the first six months of 2025.
Ford Kuga and Volvo XC90 prove most profitable used models for dealers in June
Trade-to-trade platform Dealer Auction has revealed that the Ford Kuga offered dealers the highest profit potential in the sub-£10,000 retail bracket in June.
Almost 40 per cent of car buyers would now consider an EV; charging costs remain an issue
New research following the announcement of the Government’s latest Electric Car Grant has shown that 38 per cent of car buyers would consider buying a new EV before the grant scheme ends in 2028, with 65 per cent of those aged under 35 saying they will bu...
Big Surprise: Stellantis Is Set to Lose Insane Amounts of Money Over Tariffs
Jeep and Ram parent company Stellantis blamed tariffs in the US, lower fleet sales, and product transition factors in Europe for the 6% decline in deliveries.
Mitsubishi invests nearly $1 billion in salmon farming to diversify beyond fossil fuels
Faced with volatile fossil fuel markets and seeking stable revenue streams, Mitsubishi and its rivals have been diversifying into the food business.
Jeep dealer offers 99-cent lease on Wagoneer EV
Yeah, there’s a catch or two, but this Oregon dealer is still offering a good deal on an expensive EV.
Lookers Skoda employee who stole nearly £22,000 from customers is jailed
A sales advisor at a Lookers dealership who nearly £22,000 from her workplace to bankroll a luxury lifestyle beyond her means has been jailed.
Weekly Briefing: Why some car dealers are cursing complicated EV grant
In this week’s Car Dealer Briefing James Baggott rounds up the motor trade news you cannot afford to miss.
Car supermarket Fords of Winsford sets new sales record in first half of 2025
Fords of Winsford has clocked up record sales in the first half of 2025, beating all previous records dating back to its founding in 1959.
Leapmotor jumps government Electric Car Grant by slashing prices with own scheme
While uncertainty remains over whether Chinese-made cars will qualify for the government’s new Electric Car Grant (ECG), Leapmotor has decided to take matters into its own hands.
Inside GVE London: We meet the team behind the luxury supercar dealership
If you’ve ever idly scrolled through social media and are into cars, chances are you’ll have come across supercar dealer GVE London.
Motor trade legal experts Lawgistics expands business operations with new director
Motor trade legal experts Lawgistics is expanding its team with the appointment of a new operations and technology director.
Tariffs Are Already Killing New Cars Under $30,000: Study
A new study from Cars.com indicates cars under $30,000 lag behind pricier cars in terms of inventory growth. The vast majority of these are built outside the US.
Who Really Owns Your Favourite Car Brands? The Rise of Chinese Ownership in the Global Automotive Industry
Did you know Volvo, the company synonymous with Swedish safety and Scandinavian design, is no longer purely Swedish? Since 2010, Volvo Cars has been owned by Zhejiang Geely Holding Group, one of China’s largest automotive companies. This move marked a sig...
Lucid lands $300 million investment from Uber to launch autonomous EVs
Over six years, Uber will acquire and deploy over 20,000 Lucid Gravity SUVs that will be equipped with autonomous vehicle technology from startup Nuro.
Volvo pushes EU for lower US auto tariffs as Trump threatens hike
"If Europe is for free trade, we should be the ones showing the way and going down to very low tariffs first," CEO Hakan Samuelsson said on Thursday.