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Automotive

Isle of Man firm takes majority share in East Midlands car bills credit provider Payment Assist
Deals
Payment Assist works with chains like National Tyres and Halfords to give finance to vehicle owners having work done
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Jaguar Land Rover loses more than £400m as global computer chip shortage and Russia's war with Ukraine impact sales
Jaguar Land Rover
JLR has Ƶ sites in Whitley, Gaydon, Solihull, Manchester, Castle Bromwich, Wolverhampton and Halewood
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Vertu Motors CEO hails record performance but warns of competitive times ahead
Automotive
Robert Forrester also says the Gateshead headquartered group is working hard to tackle recruitment challenges
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Europe and Ƶ growth helps Bentley's sales surge despite Middle East and China decline
Automotive
Bentley is expected to announce a new car next week
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Teesside lithium hydroxide plant could supply 15% of Ƶ and EU electric vehicle manufacturing needs
Energy
A feasibility study for the planned factory suggests it would cost £216m and would produce 15% of the projected Ƶ and EU demand for lithium hydroxide
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Bentley creates 100 jobs to help drive fully electric plans by 2030
Employment
Applications are open for the first 50 vacancies
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Gigaplant driver Britishvolt signs new £16.7m deal with production partners Manz AG
Automotive
The follow-up order comes four months after a £70m deal with the engineering giant for production lines at the plant
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Bentley 'on course' to become world’s most sustainable luxury car brand
Climate Agenda
The company has revealed the latest figures from its Crewe headquarters
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Former Ford engine plant in South Wales up for sale
Ford
There is expected to be strong interest for the 158 acre site as well as the adjoining Brocastle scheme
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Llanelli automotive firm bought by US firm ATC Drivetrain
Deals
The South Wales firm is the third Ƶ company to be bought by the US company
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Vertu Motors acquires Derby site in £7.1m deal
Automotive
The Gateshead-based retailer has bought the freehold and long leasehold interests of its Derby multi-franchise site
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Car sales giant Lookers turns HQ into ‘collaboration hub’ with a MINI in the reception
Automotive
Retailer is latest company to transform offices to suit hybrid working
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Jaguar Land Rover sees 'gradual improvement' in computer chip supply as production ramps up
Jaguar Land Rover
For the three months to March 31, 2022, JLR sold just over 79,000 vehicles
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Diamond Jubilee: Vauxhall celebrates 60 years at Ellesmere Port ahead of £100m transformation
North West
The Vauxhall Combo-e and its Opel equivalent will be some of the first electric vehicles to be produced at Ellesmere Port
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Surge in used car sales helps Lookers to record year as profits hit £90m
Retail
The owner of WeBuyAnyCar.com and Cinch acquired an almost 20% stake in Lookers in January
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Toyota says no decisions “imminent” after Sunday Times says it could leave Ƶ over green vehicle quotas
Climate Agenda
‘We are focused on achieving a long-term and sustainable future including for our Ƶ plants’
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Saietta Group snaps up former ZF factory in Sunderland in major North East investment plan
Deals
The electric vehicle powertrain firm has also hired some of ZF's former staff
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Aston Martin and McLaren supplier 'virtually doubles' workforce ahead of 'significant' increase in sales
North West
The company has served notice to its gas supplier in Russia so its contract will not be renewed when it ends in May 2023
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Senior Midlands business consultant Ian Borley joins green transport tech firm Clean Air Power
Tech
He was a partner at KPMG and is a previous Leicester Mercury Non-Executive Director of the Year
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Ex-Norton boss Stuart Garner spared jail after illegally using people’s pensions to keep business afloat
Manufacturing
‘Ordinary people who invested… speak of broken relationships and ill health. The harm this caused cannot be understated’
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Ƶ emergency vehicle specialist is building Ukrainian military grade ambulances around the clock
Engineering
Wealthy donor backed by blue chip companies supports transformation of former British Army fleet
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Britishvolt signs deal with Indonesian corporation to secure nickel supply
Automotive
The deal also sees the two firms work together on a the potential for a gigafactory in Indonesia
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Specialist car group Motorfinity takes new HQ in Newark
property news
The company specialises in providing discounted vehicles to frontline workers
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Charging pioneer's tech chief welcomes electric vehicle legal move as 10-fold increase in locations rolls out
Automotive
Myenergi technical chief on update to law as 300,000 points eyed for 2030
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