Manufacturer News - Page 8
Jaguar’s EV ‘firebreak’ essential for sharp pivot to ultra-luxury: MD Rawdon Glover
Jaguar’s downsizing to just three core models and leaving behind its six- or seven-vehicle portfolio is crucial in its bid to emulate the "irrational need" for ultra-luxury, much like designer handbags.
Carmakers facing €15bn in fines over 2025 emissions targets, warns Renault CEO
Renault Group CEO Luca de Meo has warned that Europe’s car manufacturing industry could be fined up to €15 billion ($17.4 billion) due to slowing demand for electric vehicles (EVs), which threatens the sector's ability to meet stricter EU carbon emissions targets.
Tesla eyes competitive edge with full self-driving launch in Europe next year
Tesla is preparing to launch its Full Self-Driving (FSD) technology in China and Europe during the first quarter of next year, subject to regulatory approval. In a bid to gain the competitive edge in two critical markets.
UK car production falls 14.4% due to model changeovers, supply issues
UK car production saw a significant drop of 14.4% in July 2024, with a total of 65,478 vehicles leaving factory lines, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).