Finance and corporate

Volvo to cut jobs globally in wide-reaching cost-cutting drive

New CEO Håkan Samuelsson details plan to shore up finances in face of "external headwinds" worldwide

29 April 2025
Volvo to cut jobs globally in wide-reaching cost-cutting drive
Electric vehicles

Porsche scales back in-house battery plans in revision of EV strategy

Decision hints at renewed focus on ICE cars; investment will be redirected into broader product and software offensive

29 April 2025
Porsche scales back in-house battery plans in revision of EV strategy
Corporate

Former Vauxhall boss named Nissan GB MD

James Taylor takes the helm of Nissan's UK arm, replacing Diana Torres

28 April 2025
Former Vauxhall boss named Nissan GB MD
Tesla Cybercab front quarter tracking
Cybercab robotaxi is still in the early prototype phase so remains a number of years away
Autonomous vehicles

Musk's dream of self-driving Tesla fleets looks as distant as ever

Tesla chief previously promised autonomous capabilities for "millions" of cars by the end of this year

25 April 2025
Musk's dream of self-driving Tesla fleets looks as distant as ever
Vehicle manufacturing

UK car production rises for the first time in a year

Electric cars notably accounted for 45% of the UK's total output in March

25 April 2025
UK car production rises for the first time in a year
Alpine A390 cold weather tests copy 4
Upcoming A390 was created to give the brand a more global appeal, especially in the US
Business

Alpine postpones US market launch amid tariff and EV uncertainty

US market was a key element in Renault’s future expansion plans for its premium brand

24 April 2025
Alpine postpones US market launch amid tariff and EV uncertainty
Corporate

Nissan predicts £4 billion loss in revised earnings forecast

Updated forecast shows a loss almost 10 times higher than the £426 million previously predicted

24 April 2025
Nissan predicts £4 billion loss in revised earnings forecast
Car sales

Chinese firms almost double UK market share on electrified demand

MG led Chinese car makers in the UK but big growth came from newcomers BYD, Omoda and Jaecoo

24 April 2025
Chinese firms almost double UK market share on electrified demand
volkswagen id era shanghai motor show front quarter
New ID Era concept previews Volkswagens's range-extender technology
Technology

Volkswagen plots range-extender electric vehicles for Europe

Technology previewed by new ID Era concept promises a combined range of more than 621 miles

23 April 2025
Volkswagen plots range-extender electric vehicles for Europe
Finance and corporate

Lotus warns of more cost cuts despite almost doubling sales

"Volatile market conditions” have caused profits to drop and already led the brand to cut 270 UK jobs

22 April 2025
Lotus warns of more cost cuts despite almost doubling sales

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