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Tesla is the world’s most valuable car company

Tesla is the world’s most valuable car company

Tesla is officially the most valuable car manufacturer in the world after its market value overtook that of Toyota.
Published 02 July 2020
Rumoured scrappage scheme will not go ahead

Car scrappage scheme rejected by ministers

A scrappage scheme expected by many to be announced this month has been rejected by ministers.
Published 02 July 2020
McLaren suing creditors as it faces insolvency

McLaren 'suing creditors as it faces insolvency'

Further details of McLaren’s urgent financial issues are emerging, with reports saying that the British marque is suing its creditors.
Published 24 June 2020
Transition to electric cars could be worth £24bn, says report

Electric cars could boost UK economy by £24bn

New government-backed research has found that a switch to electric vehicles could inject a much-needed £24bn into the nation’s economy.
Published 22 June 2020
Toyota partners with Chinese companies to produce hydrogen fuel cell

Toyota doubles down on hydrogen

Toyota is intensifying its efforts to make hydrogen powered vehicles a commercial viability by starting a venture with five Chinese companies.
Published 09 June 2020
Government considers £6000 scrappage scheme for electric car buyers

Scrappage scheme to stimulate EV buying

The UK government is reportedly considering offering electric car buyers a £6,000 discount as part of a scrappage scheme.
Published 08 June 2020
New car sales fall 89% in May

New car sales down 89% in May

Coronavirus continues to wreak havoc on the automotive industry with sales of new cars falling 89% in May compared to the same month last year.
Published 04 June 2020
Car industry pushes for scrappage scheme and petrol incentives

Car industry wants scrappage, petrol incentives

The UK’s automotive industry is reportedly in talks with the government in order to procure a £1.5bn deal in the form of a scrappage scheme.
Published 03 June 2020
Nissan reignites Sunderland plant uncertainty

Nissan: No-deal Brexit still threatens UK factory

Nissan's boss has told the BBC that the future of its factory in Sunderland, the biggest car manufacturing plant  in the UK, is still in jeopardy
Published 03 June 2020
UK government seeking site for Tesla factory

UK government seeking site for Tesla factory

The department for International Trade is reportedly trying to find a four million square foot site in order to construct a Tesla Gigafactory.
Published 30 May 2020
Venezuela announces end to free fuel

Venezuelan drivers to start paying for petrol

Venezuelan president Nicholas Maduro has announced an end to a system whereby it has been possible to get a tank of petrol for almost nothing.
Published 29 May 2020
Nissan’s Sunderland plant to remain open amid job cuts

No job cuts at Nissan’s Sunderland plant

Workers at Nissan’s Sunderland plant are breathing a sigh of relief after it was revealed that there will be no job cuts at the factory.
Published 28 May 2020