Aston Martin loses over £200m ahead of production ramp-up Automotive A fall in demand for luxury models led to Aston Martin losing more than £200m during the first half of 2023, it has been revealed.
Vertu Motors warns of volatility in new car market despite ‘positive’ trading Automotive Vertu chief executive Robert Forrestor said he was "pleased to report that trading remains positive" despite concerns over the ZEV mandate.
Election 2024: Labour to reinstate 2030 ban on new petrol and diesel car sales race to number 10 The party said this would provide "certainty to manufacturers" and "support the transition to electric vehicles."
The car industry is wrong about private electric vehicle demand June 6, 2024 Falling demand from private buyers has dominated media headlines on EV's throughout this year. But experts argue the industry's figures are inaccurate.
Auto Trader shares hit all time high: What is driving the FTSE 100 leader? May 30, 2024 Auto Trader has outperformed City growth targets in the past year.
Auto Trader share price soars after profit and revenue jump May 30, 2024 Despite the strong performance, the company noted that there were significant differences in demand for new and used cars.
The AA: Rising insurance premiums help revenue surge but profits slashed April 24, 2024 Rising insurance premiums helped revenue at The AA surge to almost £1.3bn but a slowdown in its breakdown service saw profits slashed by more than 40 per cent.
Cosworth hails record revenue at former Formula One engine supplier April 24, 2024 Former F1 engine supplier Cosworth achieved a record revenue of £100m during 2023 "despite challenging market and supply chain conditions".
Bosch sales driven up by new car market’s resurgence despite hit to consumer goods April 19, 2024 Bosch is eyeing a further increase in sales during 2024 despite the global technology giant warning it is not expecting a marked improvement in the UK economy.
Aston Martin and Lamborghini supplier Surface Transforms sets out ‘worst case scenarios’ April 17, 2024 Surface Transforms, a supplier to the likes of Aston Martin and Lamborghini, has set out its growth expectations for the year after a shareholder requested it revealed its "worst case scenarios".