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Automotive

Vertu seals multimillion-pound payout in wake of Jaguar Land Rover cyber attack disruption
Automotive
A £1m interim payment has already been paid to Gateshead based Vertu, the º£½ÇÊÓƵ’s fourth biggest auto retailer
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Aston Martin posts £66m loss as markets see early signs of recovery
Aston Martin
Carmaker backed by billionaire Lawrence Stroll continues to face headwinds despite losses narrowing 18 per cent and revenue rising 16 per cent to £270m
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Nissan pulls º£½ÇÊÓƵ powertrain work from £50m Sunderland Jatco factory
Automotive
Sunderland car parts factory forced to seek alternative work after Nissan decides not to localise electric powertrain production
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North East lithium firm gets Government backing for feasibility study
Automotive
Weardale Lithium is hoping to extract the key material from brines under the North Pennines
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Bentley Motors confirms 275 job losses at Crewe factory as workers left 'stunned'
Automotive
º£½ÇÊÓƵ car maker says it 'remains strongly committed to Crewe'
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Motor retailer Vertu unveils £10m cost cutting programme to counter headwinds
Automotive
The firm's CEO said recent trading had been strong against a challenging market backdrop in the new vehicle segment
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County Durham's NB Tyres invests £500,000 to expand operations and create new jobs
Automotive
The company now employs more than 50 staff after 13 new permanent roles were created in the recent investment
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Chinese giant Chery selects Liverpool for first European HQ in big boost to North's electric vehicle sector
Automotive
Chery Commercial Vehicle (CCV) makes announcement as city council leader visits China alongside PM
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º£½ÇÊÓƵ car production falls 15% in 2025 after JLR cyber attack and tariffs hit industry
Automotive
The Society of Motor Manufacturers and Traders said 717,371 cars and 47,344 commercial vehicles left º£½ÇÊÓƵ factories last year
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Nissan's º£½ÇÊÓƵ operations receive £900m cash injection after significant losses
Automotive
The Japanese car giant's Sunderland plant has received a £900m cash injection from its owners after recording significant losses in its latest accounts
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Fuel prices: CMA warns retailers' profit margins are 'persistently high' and competition is 'weak'
Fuel Prices
The CMA said in its first annual report on the fuel market that profit margins in the sector remain "persistently high" and cannot be explained by operating cost pressures
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Top Nissan exec hails "fantastic start" in Government support for automotive sector
Automotive
Adam Pennick, vice president of manufacturing at Nissan's Sunderland Plant, urged more work on turning the Industrial Strategy into action
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Sunderland-made Nissan Leaf qualifies for £3,750 Government grant
Automotive
The Leaf joins models from major rivals such as Ford, Vauxhall and Citroën
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Jaguar Land Rover reports loss of almost £500m after cyber attack
Jaguar Land Rover
CEO says automotive giant 'has made strong progress' as it continues recovery
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350 North East jobs at risk amid plans to close two automotive supplier plants
Automotive
Unite has branded the decision to cease operations at the two plants 'a complete mistake which should be reversed'
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Nissan expands use of AI in testing process to reduce development time
Automotive
London firm Monolith's technology was first used to validate testing on the new, Sunderland-built Nissan Leaf
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Bentley changes electric-only plans due to 'positive customer demand' for hybrid models
Automotive
The luxury car maker has announced that it will continue to offer internal combustion-engined and plug-in hybrid models until 'at least' 2035
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New car market grows 0.5% as share of battery electric cars hits a quarter
Automotive
The Society of Motor Manufacturers and Traders said the new car market grew by 0.5% last month
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Nissan warns of £1.3bn operating loss expected this year as cost cutting prioritised
Automotive
Chief financial officer Jeremie Papin says the manufacturer expects ongoing challenges
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Vertu boss warns Government policies are harming car market
Automotive
Robert Forrester says the Zero Emission Vehicle mandate is leading to rationing of petrol cars and a proposed levy on the Motability scheme could threaten accessibility for disabled drivers
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Automotive suppliers in the North East report mixed results amid global challenges
Company Results
Accounts for companies in the region show some grappled with lower sales and production volumes for major customers
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Car retailer Vertu estimates £5.5m impact from Jaguar Land Rover issues
Automotive
The group's 10 JLR dealerships were hobbled by new vehicle registration and aftersales issues
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North East automotive suppliers to be impacted by Jaguar Land Rover shutdown
Automotive
The North East Automotive Alliance says the cyber attack on Jaguar Land Rover has come at a vulnerable time for the sector
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Car dealership chain Vertu welcomes Government moves on electric vehicles
Automotive
The Gateshead-based company said its full-year profits were likely to be in line with market expectations
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