Nick Gibbs

Nick Gibbs
Title: Business correspondent
News

Are electric cars making money for car companies yet?

The shift to electric cars has massively hurt profitability for many firms, but there are signs of hope ahead

Are electric cars making money for car companies yet?
Ford Craiova cars
Courier (silver) and Puma (yellow) are built at Craiova
News

Ford Highway: the road that Puma built

Building cars in road-deficient Romania is hard work, but Ford’s persistence is paying off

Ford Highway: the road that Puma built
News

Why China won’t come to the aid of European car manufacturing

​Chinese firms will build cars in Europe but not necessarily in a way that will fill the region’s ghost plants

Why China won’t come to the aid of European car manufacturing
News

Geely replaces Nissan in Renault’s affections as collaborations grow

Joint projects between Chinese and French firms have grown in past three years, including Horse engine company

Geely replaces Nissan in Renault’s affections as collaborations grow
Kia PV5 cargo front quarter
Kia PV5 is the first and likely best-selling in a new range of 'Platform Beyond Vehicles'
News

Electric van makers go big on tech to woo cautious buyers

Extra gadgets are intended to convince diesel van buyers to make the switch – but will it work?

Electric van makers go big on tech to woo cautious buyers
News

​New Maserati models in limbo after £1.2 billion investment written off

Launch of MC20 Folgore and future EVs in doubt after Italian firm suffers sales slump in 2024

​New Maserati models in limbo after £1.2 billion investment written off
News

Aston Martin to cut 170 jobs as new CEO targets cost savings

Redundancies – 5% of the workforce – will save the loss-making luxury car maker around £25 million a year

Aston Martin to cut 170 jobs as new CEO targets cost savings
News

Global car makers suffer punishing year in China – with more to come

The world's biggest car market has long been a reliable cash machine for many European firms. Now it isn’t

Global car makers suffer punishing year in China – with more to come
News

New Mercedes CLA to offer price parity between EV and hybrid

Reductions in battery costs mean compact EVs based on new MMA platform can cost the same as the hybrids

New Mercedes CLA to offer price parity between EV and hybrid
Ford Explorer front quarter tracking
Entry-level Ford Explorer is priced from £39,875 so just avoids the ECS, but extras push it over the £40k threshold
News

Industry backlash as average EV breaks luxury car tax threshold

Sales of many EVs will be hit by the new application of the £3k expensive car supplement

Industry backlash as average EV breaks luxury car tax threshold
News

Nissan doesn’t rule out Sunderland closure amid restructure

Nissan will close three factories worldwide in £2 billion savings drive following collapse of Honda merger talks

Nissan doesn’t rule out Sunderland closure amid restructure

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