Elon Musk at the opening of the Tesla Gigafactory Berlin-Brandenburg in Grünheide, Germany, in March 2022. Photograph: Patrick Pleul/AP View image in fullscreen Elon Musk at the opening of the Tesla Gigafactory Berlin-Brandenburg in Grünheide, Germany, in March 2022. Photograph: Patrick Pleul/AP Tesla sales almost halve in Europe as Musk faces criticism over Trump ties… Continue reading Tesla sales almost halve in Europe as Musk faces criticism over Trump ties
Author: The Guardian Online News
BMW pauses £600m upgrade to Oxford Mini plant as electric car demand falls
The Mini Cooper Electric on the production line at Cowley. The Oxford plant will continue to produce conventional Minis. Photograph: Joe Giddens/PA View image in fullscreen The Mini Cooper Electric on the production line at Cowley. The Oxford plant will continue to produce conventional Minis. Photograph: Joe Giddens/PA BMW pauses £600m upgrade to Oxford Mini… Continue reading BMW pauses £600m upgrade to Oxford Mini plant as electric car demand falls
Elon Musk rebuffs claims that Tesla could invest in Nissan
Nissan’s Tokyo-listed share price closed at 458.80, its highest since early January. Photograph: Bloomberg/Getty Images View image in fullscreen Nissan’s Tokyo-listed share price closed at 458.80, its highest since early January. Photograph: Bloomberg/Getty Images Elon Musk rebuffs claims that Tesla could invest in Nissan Japanese carmaker’s shares rise almost 10% after reports that a group… Continue reading Elon Musk rebuffs claims that Tesla could invest in Nissan
UK lenders paid car dealers cash upfront that may have led to costlier loans
Court filings claim the practice encouraged car sales staff to funnel contracts to specific lenders. Photograph: Justin Tallis/AFP/Getty View image in fullscreen Court filings claim the practice encouraged car sales staff to funnel contracts to specific lenders. Photograph: Justin Tallis/AFP/Getty UK lenders paid car dealers cash upfront that may have led to costlier loans Exclusive:… Continue reading UK lenders paid car dealers cash upfront that may have led to costlier loans
Lloyds puts aside a further £700m for compensation over car finance scandal
Lloyds’ pre-tax profits for the year to December are down 20% to just under £6bn, compared with £7.5bn last year. Photograph: Isabel Infantes/AFP/Getty Images View image in fullscreen Lloyds’ pre-tax profits for the year to December are down 20% to just under £6bn, compared with £7.5bn last year. Photograph: Isabel Infantes/AFP/Getty Images Lloyds puts aside… Continue reading Lloyds puts aside a further £700m for compensation over car finance scandal
Supreme court judges reject Reeves’ motor finance intervention
The failure of the intervention by Rachel Reeves would be ‘a disappointment to the market’, said one analyst. Photograph: Carl Court/Getty View image in fullscreen The failure of the intervention by Rachel Reeves would be ‘a disappointment to the market’, said one analyst. Photograph: Carl Court/Getty Supreme court judges reject Reeves’ motor finance intervention Chancellor… Continue reading Supreme court judges reject Reeves’ motor finance intervention
Chemicals, cars, Man Utd: has Jim Ratcliffe’s Ineos got the formula wrong?
Jim Ratcliffe’s Ineos chemicals conglomerate has expanded from a single Belgian oil refinery to about 30 distinct companies. Photograph: Toby Melville/Reuters View image in fullscreen Jim Ratcliffe’s Ineos chemicals conglomerate has expanded from a single Belgian oil refinery to about 30 distinct companies. Photograph: Toby Melville/Reuters Chemicals, cars, Man Utd: has Jim Ratcliffe’s Ineos got… Continue reading Chemicals, cars, Man Utd: has Jim Ratcliffe’s Ineos got the formula wrong?
Brake pad dust can be more toxic than exhaust emissions, study says
Researchers found that a higher concentration of copper in some brake pads was associated with increased harmful effects. Photograph: Geopix/Alamy View image in fullscreen Researchers found that a higher concentration of copper in some brake pads was associated with increased harmful effects. Photograph: Geopix/Alamy Brake pad dust can be more toxic than exhaust emissions, study… Continue reading Brake pad dust can be more toxic than exhaust emissions, study says
Nissan and Honda end $60bn merger talks
The merger would have created the world’s fourth-biggest carmaker by vehicle sales after Toyota, Volkswagen and Hyundai. Photograph: Kim Kyung-Hoon/Reuters View image in fullscreen The merger would have created the world’s fourth-biggest carmaker by vehicle sales after Toyota, Volkswagen and Hyundai. Photograph: Kim Kyung-Hoon/Reuters Nissan and Honda end $60bn merger talks Both Japanese carmakers say… Continue reading Nissan and Honda end $60bn merger talks
Car finance scandal: lender sets aside £165m for possible compensation costs
Over the past year, the FCA has received a rising number of complaints from consumers over car finance. Photograph: Findlay/Alamy View image in fullscreen Over the past year, the FCA has received a rising number of complaints from consumers over car finance. Photograph: Findlay/Alamy Car finance scandal: lender sets aside £165m for possible compensation costs… Continue reading Car finance scandal: lender sets aside £165m for possible compensation costs