Navigate these choppy waters and the sector can drive growth   

The automotive sector can be intrinsic to UK economic growth, to decarbonisation and our trade balance but we need the right conditions and a framework for competitiveness. Achieving that growth will not be easy as the global challenges before us are significant and, as a trade intensive industry, the rise in protectionism – retaliatory or… Continue reading Navigate these choppy waters and the sector can drive growth   

German Manager Magazin: Volkswagen presents the Heycar Ein004151 used car platform

Volkswagen hires his crisising car sheet shape Heycar. A spokesman for the Financial Daughter Volkswagen Financial Services confirmed a report from the “Automobilwoche” to Manager Magazin. In Germany, the Heycar group wants to take the market from the market in mid -May, a few weeks later in Great Britain. Heycar does not go into bankruptcy,… Continue reading German Manager Magazin: Volkswagen presents the Heycar Ein004151 used car platform

European carmakers on China charm offensive as sales droop

“The name of the game is value,” said Tu Le, founder of Sino Auto Insights. Once blithely dominant in China, European automakers are now launching full-fledged charm offensives at consumers in the world’s largest car market, seeking to claw back sales lost to domestic rivals. At this week’s Auto Shanghai, the largest global industry show… Continue reading European carmakers on China charm offensive as sales droop

Automakers focus on the global market, chide the US over tariffs at Shanghai’s auto show

“We’ll wait and see,” he said. “China has full and abundant supply chains and it is the U.S. that won’t hold on if the tariff measures from both sides remain unchanged.” Booths of big Chinese, German and Japanese automakers were bustling at Shanghai’s auto show this week as the industry kept its focus on a… Continue reading Automakers focus on the global market, chide the US over tariffs at Shanghai’s auto show

EV sales are surging in Europe, except for Tesla

New Tesla Model Y; via Tesla. Electric vehicle sales are surging in Europe, but there is an exception: Tesla, the largest electric vehicle (EV) automaker, is experiencing a significant decline. Over the last few months, we have been reporting on Tesla’s concerning decline in sales in Europe. The most concerning aspect is that Tesla’s decline… Continue reading EV sales are surging in Europe, except for Tesla

German FAZ: Tesla-Vallahrt on Europe’s Automarkt009245

The number of newly approved cars in the European Union continues to weaken. After a mew annual start, 1,029,519 cars were re -registered in March, which was 0.2 percent less than a year earlier, as the European manufacturer Association ACEA announced on Thursday in Brussels. The minus has been 1.9 percent since the beginning of… Continue reading German FAZ: Tesla-Vallahrt on Europe’s Automarkt009245

2025 Q1: Group revenue at €11.7 billion driven by a strong product performance

Press ReleaseApril 24, 2025     20250424_Renault Group_Press Release_2025 Q1 revenue 2025 Q1: Group revenue at €11.7 billion driven by a strong product performance 1st quarter of 2025: Group revenue at €11,675 million, -0.3% and +0.6% at constant exchange rates1 vs. 2024 Q1. Automotive revenue at €10,128 million, -3.0% and -2.2% at constant exchange rates1… Continue reading 2025 Q1: Group revenue at €11.7 billion driven by a strong product performance

1er trimestre 2025 : Chiffre d’affaires du Groupe à 11,7 milliards d’euros, tiré par la solide performance commerciale des véhicules

Communiqué de presse24 avril 2025      20250424_Renault Group_Communiqué_CA T1 2025_Final 1er trimestre 2025 : Chiffre d’affaires du Groupe à 11,7 milliards d’euros, tiré par la solide performance commerciale des véhicules 1er trimestre 2025 : Chiffre d’affaires du Groupe à 11 675 millions d’euros, en baisse de 0,3 % et en hausse de 0,6 %… Continue reading 1er trimestre 2025 : Chiffre d’affaires du Groupe à 11,7 milliards d’euros, tiré par la solide performance commerciale des véhicules

Nissan warns of £4bn loss as costs rise and Trump tariffs loom

A Nissan truck unveiled at the 2025 Shanghai motor show. The carmaker will be hit by 25% US import tariffs Photograph: PA View image in fullscreen A Nissan truck unveiled at the 2025 Shanghai motor show. The carmaker will be hit by 25% US import tariffs Photograph: PA Nissan warns of £4bn loss as costs… Continue reading Nissan warns of £4bn loss as costs rise and Trump tariffs loom

Renault Reports Strong Q1 2025 Growth Driven by EVs and Hybrids

Renault has posted a global sales increase of 6.5% for the first quarter of 2025, delivering 389,016 vehicles worldwide. The growth is attributed largely to strong passenger car sales in Europe, where the company recorded a 17.7% increase, outperforming a slightly contracting market. In Europe, Renault captured a 5.6% market share in passenger cars—up by… Continue reading Renault Reports Strong Q1 2025 Growth Driven by EVs and Hybrids