UK and South Korea sign new trade deal aimed at cars, salmon and Guinness

Containers at Busan, South Korea. The new trade deal covers services, automotive, pharmaceutical and food and drink. Photograph: Ryu Seung-Il/ZUMA Wire/Rex/Shutterstock View image in fullscreen Containers at Busan, South Korea. The new trade deal covers services, automotive, pharmaceutical and food and drink. Photograph: Ryu Seung-Il/ZUMA Wire/Rex/Shutterstock UK and South Korea sign new trade deal aimed… Continue reading UK and South Korea sign new trade deal aimed at cars, salmon and Guinness

Company car tax ‘easement’ creates loophole for luxury PHEVs

The Treasury’s “easement” protecting plug-in hybrid drivers from incoming company car tax hikes has opened a loophole for the highest-emitting and most luxurious models, Autocar has learned.  New Euro 6e-bis emissions rules came into force across the EU on 1 January, including a new way of calculating CO2 emissions for PHEVs.  It assumes their electric driving accounts for… Continue reading Company car tax ‘easement’ creates loophole for luxury PHEVs

Automotive Electronics Market: Passenger Vehicles Lead with 64.29% Share, While EVs Project 13.21% CAGR to 2030, Says Mordor Intelligence

HYDERABAD, India, Nov. 25, 2025 /PRNewswire/ — According to Mordor Intelligence, the automotive electronics market is projected to grow from USD 303.41 billion in 2025 to USD 435.58 billion by 2030, reflecting a 7.75% CAGR. Rising electronics per vehicle, tighter safety and emission norms, and faster EV adoption continue to push demand. Semiconductor’s usage now shapes most product cycles, with zonal architectures… Continue reading Automotive Electronics Market: Passenger Vehicles Lead with 64.29% Share, While EVs Project 13.21% CAGR to 2030, Says Mordor Intelligence

Automotive Electronics Market: Passenger Vehicles Lead with 64.29% Share, While EVs Project 13.21% CAGR to 2030, Says Mordor Intelligence

HYDERABAD, India, Nov. 25, 2025 /PRNewswire/ — According to Mordor Intelligence, the automotive electronics market is projected to grow from USD 303.41 billion in 2025 to USD 435.58 billion by 2030, reflecting a 7.75% CAGR. Rising electronics per vehicle, tighter safety and emission norms, and faster EV adoption continue to push demand. Semiconductor’s usage now shapes most product cycles, with zonal architectures… Continue reading Automotive Electronics Market: Passenger Vehicles Lead with 64.29% Share, While EVs Project 13.21% CAGR to 2030, Says Mordor Intelligence

Automotive Electronics Market: Passenger Vehicles Lead with 64.29% Share, While EVs Project 13.21% CAGR to 2030, Says Mordor Intelligence

HYDERABAD, India, Nov. 25, 2025 /PRNewswire/ — According to Mordor Intelligence, the automotive electronics market is projected to grow from USD 303.41 billion in 2025 to USD 435.58 billion by 2030, reflecting a 7.75% CAGR. Rising electronics per vehicle, tighter safety and emission norms, and faster EV adoption continue to push demand. Semiconductor’s usage now shapes most product cycles, with zonal architectures… Continue reading Automotive Electronics Market: Passenger Vehicles Lead with 64.29% Share, While EVs Project 13.21% CAGR to 2030, Says Mordor Intelligence

Welltower Announces $23 Billion of Transactions and Intensified Focus on Seniors Housing to Amplify Long-Term Growth Profile

TOLEDO, Ohio, Oct. 27, 2025 /PRNewswire/ — Closed or under contract to close $14 billion of pro rata gross investments as of October 27, 2025, spanning over 700 high-quality seniors housing communities and encompassing over 46,000 units across the UK, US, and Canada Announced acquisition activity fueling growth of Welltower’s pure-play rental housing platform focused… Continue reading Welltower Announces $23 Billion of Transactions and Intensified Focus on Seniors Housing to Amplify Long-Term Growth Profile

SMMT International Update October 2025

Significant milestone for UK trade Frances Woodman, International Manager, shares about upcoming activities for the October edition of the SMMT International Update. Last month, SMMT’s annual Trade Report marked a significant milestone – five years since Brexit – with the UK automotive sector having demonstrated remarkable resilience, boasting £115 billion in trade in 2024. The latest updates… Continue reading SMMT International Update October 2025

Protecting UK-EU trade is a pressing priority

Five years since the UK-EU TCA was signed, the UK automotive sector stands at a pivotal juncture. While Brexit has fundamentally reshaped the trading landscape, subsequent headwinds – geopolitical uncertainty, rising protectionism, tariff barriers and intensified competition in the push to decarbonise – pile further pressure on our global competitiveness. SMMT’s latest Trade Report, published… Continue reading Protecting UK-EU trade is a pressing priority

Brits oppose Tesla’s plan to sell energy in UK because Elon Musk is so distasteful

Thousands of Britons have voiced opposition to a request by Tesla to supply electricity to British homes. And what’s the sole reason for this opposition? It’s because of Tesla CEO Elon Musk. Last month, Tesla applied for a license to supply electricity to British homes. The application was sent to Ofgem, UK’s government energy regulator.… Continue reading Brits oppose Tesla’s plan to sell energy in UK because Elon Musk is so distasteful