Boss Elon Musk said “we probably could have a few rough quarters" after EV firm posted big losses
Falls in Europe were slightly offset by the popularity of cars such as the Jeep Avenger
Firm blames tariff uncertainty, foreign exchange headwinds and a decline in light commercial vehicle sales in Europe
Premium brand follows Alpine in delaying American plans after parent company Seat posted a substantial profit dip
Electric cars, Jaguar's rebirth, and Discovery's next steps are all big challenges facing the British brand
Sunderland-built crossover is set to benefit from new incentive – but UK boss denies rules were written for Nissan
New Renault Trafic, Goelette and Estafette are due to launch from next year
Renault now no.3 LCV maker in a tough UK market, eyes growth with customisable open-source software in new vans
Vidal joined the French brand in 2020 from Peugeot; says he is "enthusiastic" about return
Uptick in demand for less profitable electric cars also weighed on VW Group's margins
US tariffs cost the group €1.3bn in Q2 alone, while sales of less profitable EVs dented margins further
The ECG promises £650m in funding, but car makers have already had to discount their EVs by £6.5bn
Closure of Stellantis's Luton van factory played a significant role in the decline
Excluding Covid-hit 2020, the first half of 2025 was the worst for UK car factories since 1953
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