Industry
Lexus most profitable brand for used car dealers in Carwow auctions during Q1
Lexus was the most profitable brand for dealers on Carwow auctions during the first quarter of 2025, latest figures show. The Japanese premium brand gave
More than 25,000 automotive jobs could be axed as industry feels impact of Trump tariffs
As many as 25,000 automotive industry jobs could be axed as a result of Donald Trump's planned import tariffs. That is according to analysis from the
Motorpoint expecting to turn major profit in 2025 after ‘most difficult year ever’ last time out
Motorpoint has bounced back from its 'most difficult year ever' to return to profitability in 2025. That is according to a trading update published by the
Tesla sales tumble as electric car manufacturer feels impact of Elon Musk backlash
Tesla's global sales spiralled to their lowest level for almost three years in the first three months of 2025 as the company continues to feel the impact
SMMT hits out at ‘deeply disappointing’ US tariffs which could cost UK jobs
The SMMT has warned that UK carmakers could be forced to 'review output in the face of constrained demand' after Donald Trump confirmed tariffs on
March saw used car prices jump but oversupply is pushing down used EV values
March continued to see supply outpacing demand for used electric cars, amid a backdrop of rising second-hand car prices and faster selling times. Latest
Best March for new car registrations since 2019 as EVs soar, latest data shows
Last month was the best-performing March since 2019 with new car registrations soaring by 12.4%, latest figures show. Data from the Society of Motor
XPeng opens first dealers in the UK and targets 25 showrooms within next 12 months
Chinese car brand XPeng has opened its first dealerships in the UK in time for deliveries of its new electric G6 SUV. The dealerships in Southampton and
JLR pauses car deliveries to US as it considers how to deal with 25% US tariffs
Jaguar Land Rover (JLR) is to 'pause' the delivery of cars to the US as it examines how to 'address the new trading terms' of president Trump’s tariffs.
Government confirms hybrids to be sold until 2035 while ZEV Mandate fines slashed
Hybrid cars WILL be allowed to be sold until 2035, the government has announced, as part of a package of changes that also includes a reduction in ZEV
Dacia Jogger HYBRID 140
Dacia’s famed fresh thinking and value-for-money approach has already revolutionised the 7-seat family car sector with the introduction of the Dacia Jogger, thanks to its unrivalled versatility that blends the practicality of an estate car with the spacio...
Ford's U.S. sales soar 11.2% in May, powered by hybrids, trucks, and even EVs
Ford reported May U.S. auto sales that jumped considerably, once again powered by hybrid vehicle and truck sales.
Volvo Cars' May sales rise 13%, boosted by electric vehicles
Volvo Cars' sales rose to 68,034 cars in May, up 13% from a year earlier, buoyed by a 27% jump in Europe and a strong performance by its fully electric EX30. EVs and PHEVs were half of all global sales.
Mercedes chief expects EU decision on Chinese EVs tariffs soon
German automakers await an EU decision on new import tariffs on cars from China. Their largest market could retaliate.
General Motors announces $6 billion share buyback plan
GM announced a new $6 billion share buyback plan a month after the automaker raised its dividend on upbeat annual forecast, citing stable prices and demand for gasoline-engine vehicles.
Rivian losses grow to $1.5 billion in Q1
Rivian lost $1.45 billion in the first quarter though its plans for consolidating production in Illinois remain on track.