The future of Vauxhall’s UK car production will depend on government support after the “brutal” decision to ban the sale of new petrol and diesel cars from 2030, according to the boss of Stellantis, the newly formed carmaker. Stellantis was officially created on Saturday after the completion of the merger between Fiat Chrysler Automobiles and… Continue reading Vauxhall plant at risk after ‘brutal’ 2030 ban, says Stellantis boss
Author: The Guardian Online News
Honda to close UK plant for four days owing to supply chain problems
Honda will shut its UK factory for four days next week as global supply chain problems caused by the coronavirus pandemic continue to plague the Japanese carmaker. The closure is thought to be related to the unavailability of semiconductors, the computer chips used to run cars’ onboard management systems. The problem has affected carmakers around… Continue reading Honda to close UK plant for four days owing to supply chain problems
Norway’s electric car drive belies national reliance on fossil fuels
Norway became the first country to sell more electric cars than petrol, hybrid and diesel engines put together last year, new data shows, with battery electric vehicles (BEVs) accounting for two-thirds of sales in the final months of 2020. Norway has one of the world’s most ambitious green targets, planning to phase out sales of… Continue reading Norway’s electric car drive belies national reliance on fossil fuels
Hyundai’s value surges by $9bn amid reports of Apple electric car deal
Automotive industry South Korean firm backtracks on statement confirming ‘early discussion’ with US company Hyundai has announced it will develop in-house its own electric car platform and battery systems. Photograph: Jorge Silva/Reuters Hyundai’s value surged by $9bn (£6.6bn) on Friday after reports that it could join with Apple in developing a driverless electric vehicle –… Continue reading Hyundai’s value surges by $9bn amid reports of Apple electric car deal
UK signs free trade agreement with Turkey
The UK has signed a free trade deal with Turkey, its first since agreeing a Brexit deal to leave the EU – a development that will strengthen ties between the two European outliers. The continuity agreement, signed by both trade ministers on Tuesday in a video conference call, takes effect on 1 January and ensures… Continue reading UK signs free trade agreement with Turkey
Race is on as carmakers shut, switch or sell combustion engine factories
Carmakers will increasingly find themselves in a race to shut, switch or sell factories producing vehicles with internal combustion engines to avoid being left with “stranded assets”, as regulators set a course for a decade of electrification to reduce carbon dioxide emissions. Traditional manufacturers are currently playing a “zero sum game” because growth in electric… Continue reading Race is on as carmakers shut, switch or sell combustion engine factories
Jaguar Land Rover’s Castle Bromwich plant partially shuts until Christmas
Jaguar Land Rover Carmaker says ‘an issue related to Covid’ has prevented delivery of key materials Workers at the Jaguar Land Rover factory in Castle Bromwich, West Midlands. Photograph: Jaguar Land Rover/PA Jaguar Land Rover has shut down production at its Castle Bromwich factory until Christmas because “an issue related to Covid” has prevented the… Continue reading Jaguar Land Rover’s Castle Bromwich plant partially shuts until Christmas
Uber sells loss-making flying taxi division to Joby Aviation
Uber Elevate disposal follows sale of autonomous vehicle division as Uber aims for profit A Hyundai S-A1 electric Urban Air Mobility concept. Uber is getting out of the flying taxi sector. Photograph: Robyn Beck/AFP via Getty Uber has sold its loss-making flying taxi division, Elevate, to a Californian startup as it abandons costly side projects… Continue reading Uber sells loss-making flying taxi division to Joby Aviation
Honda says production at UK factory to pause due to car parts shortage
Honda Swindon plant affected by British ports chaos amid Brexit stockpiling and Covid restrictions Honda’s Swindon employees have been told production could be disrupted as deliveries are delayed. Photograph: Eddie Keogh/Reuters Honda is to pause production at its UK plant on Wednesday because of a shortage of car parts caused by delays in getting parts… Continue reading Honda says production at UK factory to pause due to car parts shortage
Tesla to raise another $5bn by selling shares
Tesla Electric carmaker to join blue-chip S&P 500 index as its stock price continues to soar Tesla Model 3 cars at its factory in Shanghai, east China. Photograph: Xinhua/Rex/Shutterstock Tesla is to raise up to $5bn selling new shares, as the electric carmaker takes advantage of an almost 900% surge in its share price over… Continue reading Tesla to raise another $5bn by selling shares