A report in the Financial Times suggests that a Japanese group including a former Japanese prime minister is drawing up a plan for Tesla to invest in Nissan.
Nissan is currently seeking a partner or strategic investor anchor after the recent collapse of merger discussions with Honda and the proposal is being led by former Tesla board member Hiromichi Mizuno supported by ex-premier Yoshihide Suga and his former aide Hiroto Izumi with the deal including making Nissan’s US plant available to Tesla which needs extra capacity to boost EVs.
BMW is delaying reintroduction of electric vehicle production at its Oxford Mini plant.
The vehicle manufacturer said “multiple uncertainties facing the automotive industry” had led to its decision to pause work on the £600m upgrade of its plant in Cowley and decided not to accept a related £60m grant from the government but remained in “close dialogue”.
Toyota is taking the wraps off an all-new battery electric model in the middle of next month.
The new car presents a sleek and stylish coupe design with a spacious comfortable and versatile interior and elevated driving dynamics inspired by Toyota’s heritage of creating products that have strong emotional appeal and give wider choice to customers.
The all-new Toyota will be revealed at 23:01 GMT on 11 March 2025.
Tim Moss CBE will become Chief Executive of the Driver and Vehicle Licensing Agency from 31 March
He is currently the Chief Operating Officer and Director General for Corporate Services and Inspectorates at the Welsh Government and previously worked as Chief Executive at the Intellectual Property Office.
Sophisticated electronic devices used by criminals to steal cars will be banned under new laws.
More than 700,000 vehicles were broken into last year – often with the help of high-tech electronic devices, including so-called signal jammers, which are thought to play a part in four out of 10 vehicle thefts nationwide.
In January, new EU car registrations declined by -2.6%.
Notably, the bloc’s major markets saw declines, with France (-6.2%), Italy (-5.8%), and Germany (-2.8%). Spain conversely recorded a 5.3% increase and Hybrid-electric vehicles surged ahead, commanding nearly 34.9% of the market and becoming again the first most preferred choice among EU car buyers.
