Business

President elect Donald Trump makes a speech during election night (Photo: Anadolu/Getty Images)

Government and legislation

European car makers brace for president Trump’s tariff threats

President elect Trump railed against Europe and particularly its car exports during his election campaign

6 November 2024

European car makers brace for president Trump’s tariff threats

Finance

Audi profits, deliveries down in tough first nine months of 2024

But bosses say they are "positioning Audi in such a way that we can once again achieve the extraordinary”

6 November 2024

Audi profits, deliveries down in tough first nine months of 2024

Hyundai Tucson Hybrid 2024 jb20241017 6288

Cole departs with Hyundai in a strong position across Europe

Corporate

Hyundai Europe boss steps down after four years in top job

Michael Cole will retire after 15 years with the Hyundai Motor Group and 40 years in automotive

5 November 2024

Hyundai Europe boss steps down after four years in top job

aston martin vantage rt 2024 jh 12

Corporate

New Aston Martin boss outlines plans for profitability

Hopes pinned on new sales targets and greater range of options to boost selling prices

5 November 2024

New Aston Martin boss outlines plans for profitability

suzuki evitara front quarter

Consumer

Suzuki puts future EVs on hold as it "monitors" electric car market

Boss says decision is down to stalling EV growth and popularity of cheap electric cars from China

4 November 2024

Suzuki puts future EVs on hold as it "monitors" electric car market

Finance

Volkswagen Group profits down €3bn; VW brand operating on 2% margin

Group says "urgent" cost cutting needed at main brand to balance books

30 October 2024

Volkswagen Group profits down €3bn; VW brand operating on 2% margin

Finance and corporate

Volkswagen to close three factories and cut jobs in major costs plan

Restructuring of German giant includes 10% salary reduction for all staff and two-year pay freeze

28 October 2024

Volkswagen to close three factories and cut jobs in major costs plan

Ford E Transit front tracking

Ford is behind on its electric van target for the year

Electric vehicles

ZEV mandate spells even bigger trouble for van makers

Van buyers are still incentivised by EV grants, unlike car buyers – but sales still lag far behind where they need to be

25 October 2024

ZEV mandate spells even bigger trouble for van makers

THK LSR 05 Paris motor show 2024

Japanese supplier THK's LSR-05 concept demonstrates what's possible with in-wheel motors

Electric vehicles

Pricey but tempting: the business case for in-wheel motors

In-wheel motor maker Protean reckons it will be a £17 billion market by the middle of the next decade

24 October 2024

Pricey but tempting: the business case for in-wheel motors

Nissan Leaf production Sunderland

Nissan Leaf production in Sunderland ended earlier this year

Manufacturing

Slump in UK car production is temporary, says SMMT

Model change-overs behind 20.6% fall in output of new cars but growth expected with arrival of next-gen EVs

24 October 2024

Slump in UK car production is temporary, says SMMT

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