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Automotive

The 2024 LeicestershireLive Innovation Awards are now live and open for nominations
Tech
Past winnners have been involved in space tech, food and drink manufacturing, pharmaceuticals and mecical tech
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Body blow for Hull manufacturing firm as pioneering electric truck client Volta files for bankruptcy
Automotive
Volta Trucks has pulled the plug on operations after battery supplier loss shattered investor confidence
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Recovery at North East automotive firms Gestamp Tallent and Kasai
Automotive
The Nissan suppliers both saw turnover rise, though challenges remain in the sector
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North East businesses secure more than £6.4m to develop new electric vehicle tech
Automotive
Gestamp, Green Lithium Refining and Advanced Electric Machines have secured a slice of the multimillion-pound package
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Motorpoint reduces losses after announcing job cuts last summer
Automotive
'Swift, decisive action to right-size the business' ensured it could keep generating cash despite lower sales
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Shares in Pendragon dealer group drop after one of three bidders pulls out of £400m-plus race to buy it
Retail
Shares in Pendragon – which owns Evans Halshaw, Stratstone and CarStore – have doubled following separate buy-out bids
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Motor retailer Vertu toasts record revenues as group acquisition sends sales to £2.4bn
Automotive
More than half of the increase in profits came through the contribution from its biggest ever acquisition
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US car giant behind deal that includes buying Evans Halshaw and Stratstone ups offer from £280m to £397m
Automotive
Pendragon wants to sell-off its Evans Halshaw and Stratstone dealerships and its CarStore business to Lithia Motors
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HORIBA MIRA opens £4m driving simulator centre aimed at next-generation vehicle engineering
Automotive
MIRA is used by dozens of the world’s biggest vehicle manufacturers to develop new models and tech
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Jump in Pendragon profits as it finds itself at centre of three-way takeover battle
Automotive
Shares in Stratstone, Evans Halshaw and Carstore owner jumped 10 per cent this morning
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Plot thickens as fresh suitor offers to buy Evans Halshaw and Stratstone group
Deals
Multi-billion dollar Florida-based auto retailer AutoNation is latest bidder for Nottingham’s Pendragon Group
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Nissan ignores Sunak electric vehicle delay and commits to 2030 deadline
Automotive
Japanese car manufacturer had already set off on multimillion-plans to ramp up electric vehicle manufacturing at its Sunderland plant
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JCB profits up, but warning that markets are softening
Automotive
CEO Graeme Macdonald: “The situation for the remainder of this year and into 2024 remains uncertain…’
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Race to buy Evans Halshaw and Stratstone group hots up as rival bidders raise offer to almost £450m
Retail & Consumer
Pendragon rejected an initial bid, but will put new offer to shareholders despite being in talks with a US business
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Jaguar Land Rover hails 'pragmatic' move by Prime Minister Rishi Sunak to delay ban on petrol and diesel cars
North West
JLR has a commitment to be fully carbon net zero by 2039
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Fears for North East automotive industry amid petrol ban delay
Economy
'The concern now is, does this cause consumers to delay their purchase?,' says Mike Hawes of the Society of Motor Manufacturers and Traders
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Pendragon rejects £391m joint buyout offer from Sytner owner and Hedin Mobility Group AB
Automotive
Comes two days after Pendragon said it planned to sell Evans Halshaw, Stratstone and CarStore to Lithia Motors for £250m
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Warning over electric vehicle u-turn as PM waters down immediacy of Net Zero ambition
Climate Agenda
Myenergi co-founder speaks out as five year roll-back on 2030 plan for motors made
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Auto-Trail aims to Excel with new motorhome range launch
Automotive
Cramped campervan market eyed with low-profile narrow-bodied addition from Grimsby team
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UK-made driverless shuttle bus takes to streets of Prague
Automotive
Aurrigo International project is being used to test public attitudes to autonomous public transport
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US car giant planning £250m acquisition of Evans Halshaw, Stratstone and CarStore dealerships
Retail & High Street
Shares in owner Pendragon rose more than a quarter following the announcement this morning
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Motor dealers Sherwoods eye acquisitions after year of turnover growth
Automotive
During the year the company acquired Town Centre Automobiles - and is now looking at other possibilities
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Electric vehicle production starts at Stellantis factory
North West
The factory is solely producing EVs, with the sale of new petrol and diesel cars and vans being banned in the UK from 2030
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Latest deadline for Britishvolt deal passes without progress
Climate Agenda
The company lined up to take over the stalled project had said that it would seal the deal in August
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