Corporate

Why the global automotive business model might be dead

Stellantis's struggles to sell the same underpinnings with different shells signpost trouble ahead

13 December 2024
Why the global automotive business model might be dead
Corporate

Mercedes CEO Ola Källenius named new head of ACEA

Källenius says he will work toward “market-driven” transition to electric cars as head of European industry lobby group

11 December 2024
Mercedes CEO Ola Källenius named new head of ACEA
Corporate

Who is McLaren Automotive's new owner CYVN?

This Abu Dhabi investment institution holds the key to unlock McLaren’s long-promised electric SUV

11 December 2024
Who is McLaren Automotive's new owner CYVN?
Citroen e c3 front quarter
Strong orders for electric Citroën ë-C3 will help Stellantis to meet its EU CO2 targets
Corporate

Why there’s very little fallout from Tavares’s Stellantis exit

Car making giant has bounced back from stock slide and has several crucial new models in the pipeline for 2025

10 December 2024
Why there’s very little fallout from Tavares’s Stellantis exit
Business

Abu Dhabi investor agrees to buy McLaren Automotive

The deal also includes a non-controlling stake in the overarching McLaren Group for CYVN Holdings

9 December 2024
Abu Dhabi investor agrees to buy McLaren Automotive
Business

Union calls for Luton reprieve; Stellantis says it will finish 'ongoing projects'

Unite argues that departure of the manufacturing group's CEO, Carlos Tavares, should halt all ongoing major plans

6 December 2024
Union calls for Luton reprieve; Stellantis says it will finish 'ongoing projects'
Group of electric cars
EVs are currently selling at an average discount of 9.8%
Electric vehicles

'Desperate moves': how the car industry hit ZEV targets

Discounting is now slowing after months of cramming electric cars into the UK market

6 December 2024
'Desperate moves': how the car industry hit ZEV targets
Renault Megane E Tech and Polestar 2 at EV dealer
Electric cars must comprise 22% of any given car maker's sales this year
Car sales

New electric car sales grow despite overall market contraction

“Unsustainable” discounting due to ZEV mandate means electric cars buck market trends

5 December 2024
New electric car sales grow despite overall market contraction
Corporate

New Rolls-Royce CEO: "We have to be a stand-alone business"

Nine months into the job, Chris Brownridge tells us what he’s learned and where the luxury marque is heading

5 December 2024
New Rolls-Royce CEO: "We have to be a stand-alone business"
Fiesta ST Recaro seat
Recaro seats have featured in performance cars such as the Ford Fiesta ST
Corporate

Italian component manufacturer rescues Recaro Automotive

German car seat maker receives indeterminate investment from the Proma Group, enabling production to restart

4 December 2024
Italian component manufacturer rescues Recaro Automotive

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