Tesla boss Elon Musk becomes world’s richest person


Tesla Motors and SpaceX boss Elon Musk has become the world's richest person after his net worth exceeded $185bn (£136bn).
Tesla comes within touching distance of half a million cars target for 2020, despite coronavirus pandemic

Tesla delivered nearly 500,000 cars in 2020


Tesla came within a whisker of achieving its deliveries target of 500,000 units in 2020, despite the damage done by the coronavirus pandemic.
Merger of PSA and Fiat Chrysler could spell end for Chrysler car brand

PSA-Fiat Chrysler merger could end Chrysler


The Chrysler car brand may be in jeopardy after a merger of its parent company Fiat Chrysler (FCA) with the PSA Group.
Mini to end sales of plug-in hybrids to concentrate on pure-electric and combustion cars

Mini to end sales of plug-in hybrids


The head of Mini has revealed that the company will end sales of plug-in hybrid (PHEV) models, as it focuses on a future of electric and petrol.
Car registrations fall 4.4% in worst September since introduction of dual number plate system

Worst September for car sales since 1999


Car registrations fell by 4.4% in September 2020 compared to the same month last year, and fell 15.8% from the 10-year September average.
Bugatti set to leave VW Group for Rimac

Bugatti set to leave Volkswagen Group for Rimac


Bugatti is reportedly stepping out from under the Volkswagen Group umbrella to join Rimac, the Croatian outfit known for its electric hypercars.
Car industry warns of £101bn no-deal Brexit bill

Car industry warns of £101bn no-deal Brexit bill


Car makers from across Europe have warned today that the “catastrophic” cost of Britain leaving the EU without a deal could be as much as €110bn.
New car registrations rise for first time in 2020

UK car sales bounce back in July


After a catastrophic first half of the year due to the coronavirus lockdown, UK car sales in July were up 11.3% on the same month in 2019.
Tesla makes first full year of profit

Tesla makes first full year profit


Electric car maker Tesla has turned a profit for the fourth quarter in a row, completing its first full year of profit since it was founded.
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.
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.
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.
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