renault 5 concept overheard front
An electrified Renault 5 is due in 2024
Finance and corporate

Renault plots separate EV business to raise funds, boost development

Firm is looking to follow Ford in creating a new sub-brand purely for electric vehicles

20 May 2022
Renault plots separate EV business to raise funds, boost development
arrival van
Arrival has signed a non-binding deal for 20,000 vans with courier firm UPS
Finance and corporate

German bank reports EV firm Arrival running low on cash

Berenberg bank indicates that British start-up is suffering from the wider sell-off of tech stocks

18 May 2022
German bank reports EV firm Arrival running low on cash
Finance and corporate

Renault Group sells Avtovaz stake with six-year buy-back option

Company CEO Luca de Meo leaves door open to return to Russia in the future "in a different context'

16 May 2022
Renault Group sells Avtovaz stake with six-year buy-back option
Finance and corporate

Why Cazoo has suffered from a plummeting share price

Acquisitions and high-profile sponsorship give Cazoo process control and visibility, but are expensive

16 May 2022
Why Cazoo has suffered from a plummeting share price
17 land rover range rover 2022 first drive review vinyard
Switchover to new-generation Range Rover impacted volumes last quarter
Finance and corporate

Jaguar Land Rover blames chip shortage for £455m loss in 2021

Semiconductor shortage throttles JLR output, but order books at record levels and improvement expected

14 May 2022
Jaguar Land Rover blames chip shortage for £455m loss in 2021
Finance and corporate

Toyota profits could fall by a fifth after record year

Japanese car maker blames surge in material costs and pandemic for production shortfall

11 May 2022
Toyota profits could fall by a fifth after record year
Finance and corporate

Alison Jones moves to global Stellantis role in company shake-up

Jones will leave position of UK boss to become senior vice-president of circular economy

11 May 2022
Alison Jones moves to global Stellantis role in company shake-up
Mobility Mercedes
Mercedes Car2Go service has been bought by Stellantis, along with BMW's DriveNow
Finance and corporate

Does Stellantis's purchase of rival car share scheme make sense?

Conglomerate has bought BMW and Mercedes joint, and loss-making, car share scheme

9 May 2022
Does Stellantis's purchase of rival car share scheme make sense?
Tobias Moers 21 olg 10
Moers joined Aston Martin in 2020
Finance and corporate

Aston Martin CEO Tobias Moers to leave British firm - official

Ferrari duo to replace Moers; Amedeo Felisa takes on CEO role, Roberto Fedeli to join as CTO

3 May 2022
Aston Martin CEO Tobias Moers to leave British firm - official
17 volvo c40 recharge uk drive 2022 static rear
New Volvo C40 is the first EV-only model from the Swedish marque
Finance and corporate

Volvo profits slide £190 million as industry headwinds bite

Swedish marque's output blighted by rising material costs, supply chain shortages and Covid shutdowns

28 April 2022
Volvo profits slide £190 million as industry headwinds bite

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