Business

VW Group CEO campaigns against costs as profits drop 37%

Oliver Blume says the Volkswagen Group "must address all cost categories" as part of turnaround plan

16 May 2025
VW Group CEO campaigns against costs as profits drop 37%
Chery Aimoga robot in a car dealership
Chery's Aimoga division recently revealed the humanesque Mornine robot
Business

Why car companies are banking on humanoid robots to drive sales

It's seven years since Honda retired Asimo but BYD, Tesla and others have rekindled the robot wars

16 May 2025
Why car companies are banking on humanoid robots to drive sales
Blue Dacia Sandero and grey Citroen C3 cornering
Dacia owner Renault and Citroën parent Stellantis are rivals but share a belief that affordable small cars must survive
Business

Renault and Stellantis bosses team up to 'fight for future of small cars'

Luca de Meo and John Elkann call on politicians to move from a 'tailpipe' CO2 approach to a life cycle model

15 May 2025
Renault and Stellantis bosses team up to 'fight for future of small cars'
Business

Nissan: Sunderland safe, but UK auto must be more competitive

CEO confirms factory is not one of planned closures, but Nissan "needs support from the government" in UK

15 May 2025
Nissan: Sunderland safe, but UK auto must be more competitive
Business

Volvo 'empowers' China and US divisions in push for localisation

Volvo CEO Håkan Samuelsson says the manufacturer needs to "be a local player" in every key region

14 May 2025
Volvo 'empowers' China and US divisions in push for localisation
Business

JLR records best profit in a decade as it primes new EVs

Pre-tax profit of £2.5 billion in the 12 months to the end of March 2025 is up 15% compared with the year prior

13 May 2025
JLR records best profit in a decade as it primes new EVs
Business

Ineos CEO: politicians must recognise need for hybrids after 2035

There is "no chance" that Ineos will force its customers to go electric, says Lynn Calder

13 May 2025
Ineos CEO: politicians must recognise need for hybrids after 2035
Business

Dealer 'renaissance' and new models boost Polestar sales by 76%

"Back to basics" retail model shows early signs of sparking new life into Swedish EV brand

13 May 2025
Dealer 'renaissance' and new models boost Polestar sales by 76%
Business

Nissan to cut 20,000 jobs, close seven plants and pause all post-2026 product work

The drastic cuts comes as the Japanese firm confirms a £3.8 billion net loss in the 2024/25 financial year

13 May 2025
Nissan to cut 20,000 jobs, close seven plants and pause all post-2026 product work

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