Electric cars

Jaguar Land Rover to remain in Tesla deal on EU emissions targets

British firm initially joined Tesla's 'pool' last year to share CO2 fleet emissions targets in a move that could help it avoid fines

27 October 2022
Jaguar Land Rover to remain in Tesla deal on EU emissions targets
Finance

Volvo revenue increases 30% in Q3 despite sales slowing

Sales dropped to 138,000 in third quarter due to supply issues and Covid, but electrified sales were positive

27 October 2022
Volvo revenue increases 30% in Q3 despite sales slowing
Argo Ford Kuga 2021 front quarter tracking
Ford will divert investment into level two-plus and level three driver assistance systems
Finance

Ford loses $827m after closure of self-driving start-up

American giant reports big Q3 loss despite increased revenues; comes after Fiesta cancellation

27 October 2022
Ford loses $827m after closure of self-driving start-up
nio power v 3
Nio has confirmed it will bring its innovative battery swap stations to Europe
Trends

Autocar Business Trends 2022: Battery swaps to kill range anxiety

Replacing empty EV batteries instantly could hold the key to eradicating charging worries

27 October 2022
Autocar Business Trends 2022: Battery swaps to kill range anxiety
New cars

UK car production slows but EV output reaches record high

A total of 63,125 cars left UK factories last month – 12.6% fewer than a year ago

27 October 2022
UK car production slows but EV output reaches record high
Ford Focus 2015 Sollers factory
Ford Sollers joint venture previously produced Focus hatchback
Corporate

Ford announces total withdrawal from Russia

American manufacturer exits Sollers joint venture for nominal fee but retains share buyback option

26 October 2022
Ford announces total withdrawal from Russia
Mercdes Benz E Class 2022 front quarter tracking
The Mercedes-Benz plant near Moscow previously produced the E-Class saloon
Corporate

Mercedes-Benz to sell Russian business

German firm doesn't expect sale of regional industrial and financial divisions to significantly impact finances

26 October 2022
Mercedes-Benz to sell Russian business
Mercedes Benz badge 2022
Mercedes-Benz sold 530,000 cars during Q3 of 2022
Finance

Mercedes-Benz makes strong Q3 profit amid EV push

German firm sells 530,000 cars and almost twice as many electric models as in same period of 2021

26 October 2022
Mercedes-Benz makes strong Q3 profit amid EV push
smart 1 premium exterior 3
Smart #1 could get heated steering wheel via remote upgrade
Trends

Autocar Business Trends 2022: Connected cars are reshaping retail

Enhanced connectivity of modern cars, particularly EVs, holds huge opportunities for their manufacturers

26 October 2022
Autocar Business Trends 2022: Connected cars are reshaping retail
BYD blade battery 2022
Latest Autocar Business Trends Report offers insight on China's most innovative EV batteries
Trends

Autocar Business Trends 2022: Does China hold key to cheaper EVs?

Different battery chemistries have yielded highly innovative products such as BYD's blade battery

25 October 2022
Autocar Business Trends 2022: Does China hold key to cheaper EVs?

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