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Automotive
12:04, 25 JUL 2024
Nissan lowers forecasts after global quarterly profits tumble 73%
Automotive
The group's CEO Makoto Uchida said the results were 'very challenging' but that action was being taken
Bookmark
County Durham motor firm Autoservice sold to new owners
Deals
The garage founders Fred and Mary Elder will now retire
Bookmark
Bentley 'disappointed' at GMB strike vote
Manufacturing
Union says car giant needs to engage urgently with its members
Bookmark
Vehicle hire and services group Zigup boosts revenues as it expands º£½ÇÊÓÆµ and Spain footprint
Company Results
The North East plc - formerly known as Redde Northgate - said vehicle supply issues were easing
Bookmark
Production of new Nissan models sends Unipres profits higher as bosses eye Jaguar Land Rover work
Automotive
The component maker said recent years' problems in sourcing semiconductors had now eased
Bookmark
West Midlands gigafactory team says next Government must attract more battery investment to the º£½ÇÊÓÆµ
Automotive
Greenpower Park says º£½ÇÊÓÆµ is falling behind other countries
Bookmark
Vertu points to buoyant trading but warns again on EV targets
Retail
The Gateshead automotive sales group says the Zero Emission Mandate could create volatility in the new car market
Bookmark
North West manufacturers upbeat as automotive and aerospace sectors ramp up production
North West
Make º£½ÇÊÓÆµ says output and orders picked up in the second quarter
Bookmark
Nissan road tests self driving technology with eyes on 2027 for market launch
Automotive
The firm says its system has become more advanced with the ability to judge pedestrian behaviour and create a smoother ride
Bookmark
Electric powertrain specialist Saietta failed with deficit of £2.89m, administrators say
Insolvency and Administration
Saietta had ambitions to produce 'eDrive' motors to power small electric vehicles used in cities around the world
Bookmark
Vertu hits record revenues but issues warning on looming EV targets
Automotive
The Gateshead-based national chain has announced revenues of £4.7bn
Bookmark
Nissan reports major jump in global profits as sales grow in most countries
Automotive
The positive financial results come as the company aims to replicate the success of its Sunderland plant
Bookmark
Plans submitted for job-creating County Durham lithium extraction plant
Employment
Weardale Lithium Ltd says the plant could create around 125 new jobs once it is fully operational
Bookmark
Electric battery firm AESC submits plans for third gigafactory in Sunderland
Automotive
The Japanese manufacturer has had a North East presence for 12 years and has a second plant currently under construction
Bookmark
Nissan's Sunderland plant boosts volumes and turnover as supply challenges ease
Automotive
Accounts for 2023 show the factory was still operating below capacity but with improvement from the height of semiconductor shortages that plagued the automotive sector
Bookmark
Newcastle University Dean to chair º£½ÇÊÓÆµ manufacturing network
Automotive
Professor Mike Capaldi will chair DER-IC, which he was instrumental in setting up
Bookmark
New Nissan strategy to take Sunderland approach to US and Japan plants
Automotive
The automotive giant's The Arc plan envisages cheaper manufacturing costs for electric vehicles
Bookmark
Jobs created as Wingrove Motor Company brings Alfa Romeo and Jeep brands to dealerships
Automotive
The firm is also servicing contracts with Fiat, Abarth and Fiat Professional to its Tyneside sites
Bookmark
Nissan and Honda to collaborate on electric vehicle development, bosses confirm
Automotive
The Japanese brands say they face common challenges in the market as China asserts its dominance in the electric market
Bookmark
Saietta Group calls in administrators as Sunderland deal does not come in time
Automotive
The electric powertrain specialist had abandoned plans to operate the former ZF factory in Houghton-le-Spring
Bookmark
Nissan and Altilium join forces for £30m EV battery recycling project
Automotive
The Advanced Propulsion Centre-back project will also involve North East firms AESC and Connected Energy
Bookmark
Vertu sees used market stabilise following steep drop - but warns over new car demand
Automotive
The motor retailer says profit margins from used cars have started to recover since January
Bookmark
Britishvolt administrators in talks with 'additional parties' keen to buy North East battery site
Automotive
Recharge Industries remains the preferred bidder - but is still in default on the deal to take on the site, potentially paving the way for other interested buyers
Bookmark
Government risks 'putting motor manufacturing industry under water' with EV targets, Vertu CEO says
Automotive
New Government incentives must be brought in to encourage private electric vehicle sales, Robert Forrester says
Bookmark
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