Business

Volkswagen ID 3 2021 front detail
An IPO for Volkswagen's battery division, Powerco, has been hinted at
Finance and corporate

VW Group brands to simulate IPOs following Porsche success

Volkswagen Group will use initial public offering ‘training sessions’ for each brand to inform strategy

4 October 2022
VW Group brands to simulate IPOs following Porsche success
Citroen Dealership 2021
Long-term leases will include multiple refurbishments, with cars eventually recycled for materials and parts
vehicle manufacturing

Citroen exploring 15-year car leases with recycled parts

Citroen aims for cars to be in as-new condition at 15 years old or 155,000 miles amid sustainability push

4 October 2022
Citroen exploring 15-year car leases with recycled parts
Person exiting Cruise Chevrolet Bolt 2022
GM CEO Mary Barra said in July that Cruise could eventually raise $50 billion per year
Connected cars

Why GM's Cruise division is bullish despite losing $5m a day

Europe-bound General Motors's autonomous driving arm lost $500m in Q2 2022, but bosses anticipate a turnaround

4 October 2022
Why GM's Cruise division is bullish despite losing $5m a day
aston martin valhalla front quarter static
Geely takes a stake in Aston Martin, but not exactly how it planned to
Finance and corporate

Analysis: Can Aston Martin work with new stakeholder Geely?

Previously rebuffed Geely is now an 8% stakeholder, but that doesn't mean they will work together

30 September 2022
Analysis: Can Aston Martin work with new stakeholder Geely?
Porsche 911 2022 rear with Porsche Taycan 2022
The Porsche 911 and the Taycan EV are key models in the brand's portfolio
Finance and corporate

Porsche IPO raises €19.5 billion for Volkswagen Group

Porsche flotation comprising 911 million shares at €82.50 apiece ‘a big dream come true’ for CEO Oliver Blume

30 September 2022
Porsche IPO raises €19.5 billion for Volkswagen Group
aston martin v12 vantage rear badge 0
Finance and corporate

Geely acquires 7.6% stake in Aston Martin

Chinese giant taking stake completes British firm's transformative £654 million funding round

30 September 2022
Geely acquires 7.6% stake in Aston Martin
Arrival van
Tech, development and manufacturing

Arrival completes production of first electric van at Bicester factory

The completed van will become a 'delta' test vehicle for verification processes such as range testing

30 September 2022
Arrival completes production of first electric van at Bicester factory
used cars in warehouse
Data from OEMs could be pivotal for fleet operations and used car retail
Connected cars

How connected vehicle capability can reshape used car market

Access to individual vehicle data from car manufacturers could be pivotal for retailers and fleet operators

30 September 2022
How connected vehicle capability can reshape used car market
qualcomm snapdragon digital chassis 1
Qualcomm's Snapdragon is becoming a popular platform for car makers to go digital
Tech, development and manufacturing

Rise of Qualcomm heralds new era of OEM-supplier relations

American chip maker's astronomical growth is testament to growing need for car makers to digitise their products

29 September 2022
Rise of Qualcomm heralds new era of OEM-supplier relations
Vauxhall Ellesmere Port 2021 019
UK car production is down 45.9% (42,257 units) on pre-pandemic levels
Consumer

Call for urgent government aid as UK car production falls 46%

Rising bills and costs leaving UK sector uncompetitive, claims SMMT

29 September 2022
Call for urgent government aid as UK car production falls 46%

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