Articles by Tim Rose - Page 16

Operating profits fell 17% in Inchcape's retail division during 2023 although revenues rose slightly, while its international vehicle distribution divisions grew rapidly.

Polestar, the manufacturer of electric cars, has secured £750 million to help it make more cars in the future and expand its business.

Tesla is facing criticism from multiple UK fleet operators, prompting the electric car manufacturer to acknowledge areas for improvement in its fleet management approach.

AM's latest Spotlight on Finance and Insurance Report has just been published and it can be read or downloaded here.

Apple has reportedly abandoned its long-standing efforts to develop a self-driving electric car, marking a significant shift in its automotive ambitions.

Renault and Volkswagen are in discussions about collaborating on a battery-electric minicar for the European market. Luca de Meo, CEO of Renault, confirmed the talks at the Geneva auto show, mentioning that other potential partners were also being considered.

Platinum Motor Group is expanding with Hyundai and Suzuki through its latest acquisition.

Luca de Meo, president of the European Automobile Manufacturers Association (ACEA), has said OEMs must "get down to it" and ensure car buyers are into zero emission vehicles by 3025 rather than quibble about the deadline.

the new Renault 5 E-Tech electric city car will be on sale in 2025

Fiat has revealed a family of Panda-inspired concepts to excite potential customers of its next generation of 'global' small cars.

Data and forecasting firms JATO Dynamics and S&P Global Mobility are teaming up to help auto industry customers with their rapid decision-making.

Bosses at Jaguar Land Rover have upset AM100 dealer group JCT600 by removing its Doncaster Jaguar Land Rover dealership from the OEM's network plan.

Dealers appointed to represent the premium car brand Genesis UK have begun trading this month as the business changes tack from a direct-to-consumer model and becomes a standalone business unit beneath the wing of Hyundai UK.

Senior management changes at Stellantis UK have led to its group managing director Maria Grazia Davino taking direct responsibility for the development of its retail network.

Franchised dealers' sales of trade parts could come under more pressure soon as motor factor rival GSF Car Parts has built a new leadership team and is going for growth.