Ineos puts Welsh and Portuguese plants on hold as it eyes French site

This post was originally published on this siteIneos has put work on its Welsh and Portuguese car plants on hold while it talks to Mercedes-Benz about buying an existing facility in France to

Read More

Ineos launches carmaking ambitions with Grenadier off-roader

This post was originally published on this siteIneos underlined its long-term ambitions to become a fully fledged carmaker with a “family” of vehicles, as the chemicals conglomerate

Read More

Aston Martin to raise £260m in share sale and high-interest debt

This post was originally published on this siteAston Martin will raise around £260m by selling new shares and tapping costly debt as the luxury carmaker seeks to bolster its coffers to fund

Read More

Rocky start for Land Rover’s new Defender

This post was originally published on this siteThe new Land Rover Defender is “tough enough to take on any unexpected surprises,” according to a James Bond-themed ad that features

Read More

UK car dealers prepare to slash quarter of staff as pandemic bites

This post was originally published on this siteCar dealers are preparing to cut tens of thousands of jobs across the UK in the coming months as they scale back operations in the face of falling

Read More

Bentley to cut quarter of workforce as UK car sector job losses hit 5000

This post was originally published on this siteBentley is to cut a quarter of its workforce, capping a tumultuous period that has triggered the loss of 5,000 jobs across the UK car industry. The

Read More

Jeff Bezos invests in UK digital logistics start-up Beacon

This post was originally published on this siteJeff Bezos has invested in a British start-up that is planning to use digital technology to disrupt the global logistics industry. Beacon has raised

Read More

Aston Martin falls to £120m loss as coronavirus bites

This post was originally published on this siteAston Martin swung to a £120m loss in the first quarter and withdrew guidance for the year after coronavirus forced its factories and

Read More

Volvo back to ‘normal’ in China as it shuts EU and US car plants

This post was originally published on this siteVolvo Cars said its Chinese business had returned to “normal”, offering a ray of hope to European and US carmakers that have shuttered

Read More

Geely in talks to pump cash into Aston Martin

This post was originally published on this siteChina’s Geely has held talks with Aston Martin investors and management as it considers pumping much-needed cash into the luxury carmaker. The

Read More