Hethel-based Lotus Cars is responsible for the Emira sports car
Hethel firm alludes to impact of weakening demand for EVs as factor in cost-cutting measure
Japanese manufacturer sets out drastic cost-cutting plan as it reports a difficult first half of 2024
Ford Fiesta was the most popular used car, followed by the Vauxhall Corsa and VW Golf
Small hatchbacks represent almost one in three used sales over the past three months
President elect Donald Trump makes a speech during election night (Photo: Anadolu/Getty Images)
President elect Trump railed against Europe and particularly its car exports during his election campaign
But bosses say they are "positioning Audi in such a way that we can once again achieve the extraordinary”
Cole departs with Hyundai in a strong position across Europe
Michael Cole will retire after 15 years with the Hyundai Motor Group and 40 years in automotive
Hopes pinned on new sales targets and greater range of options to boost selling prices
Boss says decision is down to stalling EV growth and popularity of cheap electric cars from China
Group says "urgent" cost cutting needed at main brand to balance books
Restructuring of German giant includes 10% salary reduction for all staff and two-year pay freeze
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