Nissan has posted a dismal prediction for its global business into next year. Nissan Motor’s financial performance deteriorated significantly in the second quarter of the current fiscal year, between July and September 2024, with global revenues falling by 5% year-on-year to JPY2,986bn while its operating margin dropped below 0.2%. The company incurred a … [Read more...]
Newslines 17 December
Over 50 roads in Wrexham area are being reconsidered to revert to 30mph limit after being cut to 20mph in September 2023. Their review is part of a rethink ordered by Welsh Government after intense opposition to the lower limit as a default across Wales and other councils are also looking roads in their areas which could go back to 30mph. Corvette is … [Read more...]
Weekend roadtest: Kia EV3 GT-Line First Drive
Kia has something to celebrate this Christmas as it continues to carve out a big slice of Britain’s BEV sales, a decade after launching into it with the Soul EV. At the time 10 years ago, Frozen was trending at the box-office, Pharrell Williams’ ‘Happy’ rang out across radios worldwide, and social media was awash with ALS ‘Ice Bucket Challenge’ … [Read more...]
Toyota unveil new Urban Cruiser EV
Toyota presents the all-new Urban Cruiser, a model that will bring powerful design, interior spaciousness and rich technology content to the market for compact battery electric SUVs. Urban Cruiser, developed from the Urban SUV Concept, will give Toyota a strong presence in a fast-growing and highly competitive market segment in the UK and Europe and … [Read more...]
Newslines 10 December
The all-new Mazda CX-80 has achieved a maximum five-star rating by Euro NCAP in its latest series of tests as it prepares to launch in Britain in the New Year. Mazda’s new seven-seat flagship SUV scored 92% in the Adult Occupancy category, 88% for Child Occupancy and secured an 84% score in the area of Vulnerable Road Users protection. Mazda CEO Masahiro … [Read more...]
Weekend roadtest: MG ZS Trophy Hybrid+
MG is a becoming a brand to be reckoned with and strengthening its standing in the British market by taking a step back. The famous octagonal badge has been seen on UK made models since 1924, but it has also been a century of change, most notably when it was saved by an unknown Chinese brand called Nanjing in 2005 and then almost immediately resold to the … [Read more...]
Registrations fall to avoid EV penalties
Deliveries of new cars fell by -1.9% in the UK during November with 153,610 joining the road, according to the Society of Motor Manufacturers and Traders. It is the second consecutive monthly decline, and the third decline in four months, as the market contracts amid the race to meet tough EV market share targets. Demand from private buyers, among whom … [Read more...]
Resellers told to expect a big market change
It seems 2024 will be the year of 'peak petrol' when it comes to how UK cars are powered, more than 160 delegates heard at the annual seminar of the Vehicle Remarketing Association. Louis Maxwell, senior insight manager at Auto Trader, told the audience at The Slate, Warwick University, that growth in sales of electric vehicles (EVs) meant that volumes of … [Read more...]
Tavares quites Stellantis in shock move
The automotive industry has been rocked by the sudden resignation of Stellantis boss Carlos Tavares after ‘different views’ emerged between him and the board. The car maker – which runs Fiat, Peugeot, Citroen, Vauxhall, Jeep, Alfa Romeo, Chrysler and DS – said Tavares had stepped down with immediate effect on Sunday and an interim boss will head the massive … [Read more...]
Luton shut-down raises more fears
Last week's announcement that the Luton van plant will close in April with the loss of about 1,200 assembly jobs and thousands more in the supply chain has starkly brought home the issues facing the automotive sector and the components supply industry is struggling to survive as well. Ford plans to cut 800 UK jobs among 4,000 going in Europe and Nissan has … [Read more...]
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