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
Ford is behind on its electric van target for the year
Van buyers are still incentivised by EV grants, unlike car buyers – but sales still lag far behind where they need to be
Japanese supplier THK's LSR-05 concept demonstrates what's possible with in-wheel motors
In-wheel motor maker Protean reckons it will be a £17 billion market by the middle of the next decade
Nissan Leaf production in Sunderland ended earlier this year
Model change-overs behind 20.6% fall in output of new cars but growth expected with arrival of next-gen EVs
Firm will look to avoid inflated import costs before it shifts production to Belgium early next year
The Tesla Model Y was Europe's best-selling car overall during September
Tesla and Volkswagen drive EV sales boost, but struggling Stellantis drags overall car market down
Tightening emissions rules on the continent are set to follow blueprint of the UK's ZEV mandate
Druce has worked in what is now Stellantis since 2001
Peugeot UK boss Eurig Druce named as the replacement for the departing Maria Grazia Davino
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