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Automotive
15:58, 4 OCT 2023
Motor retailer Vertu toasts record revenues as group acquisition sends sales to £2.4bn
Automotive
More than half of the increase in profits came through the contribution from its biggest ever acquisition
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US car giant behind deal that includes buying Evans Halshaw and Stratstone ups offer from £280m to £397m
Automotive
Pendragon wants to sell-off its Evans Halshaw and Stratstone dealerships and its CarStore business to Lithia Motors
Bookmark
HORIBA MIRA opens £4m driving simulator centre aimed at next-generation vehicle engineering
Automotive
MIRA is used by dozens of the world’s biggest vehicle manufacturers to develop new models and tech
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Jump in Pendragon profits as it finds itself at centre of three-way takeover battle
Automotive
Shares in Stratstone, Evans Halshaw and Carstore owner jumped 10 per cent this morning
Bookmark
Plot thickens as fresh suitor offers to buy Evans Halshaw and Stratstone group
Deals
Multi-billion dollar Florida-based auto retailer AutoNation is latest bidder for Nottingham’s Pendragon Group
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Nissan ignores Sunak electric vehicle delay and commits to 2030 deadline
Automotive
Japanese car manufacturer had already set off on multimillion-plans to ramp up electric vehicle manufacturing at its Sunderland plant
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JCB profits up, but warning that markets are softening
Automotive
CEO Graeme Macdonald: “The situation for the remainder of this year and into 2024 remains uncertain…’
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Race to buy Evans Halshaw and Stratstone group hots up as rival bidders raise offer to almost £450m
Retail & Consumer
Pendragon rejected an initial bid, but will put new offer to shareholders despite being in talks with a US business
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Jaguar Land Rover hails 'pragmatic' move by Prime Minister Rishi Sunak to delay ban on petrol and diesel cars
North West
JLR has a commitment to be fully carbon net zero by 2039
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Fears for North East automotive industry amid petrol ban delay
Economy
'The concern now is, does this cause consumers to delay their purchase?,' says Mike Hawes of the Society of Motor Manufacturers and Traders
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Pendragon rejects £391m joint buyout offer from Sytner owner and Hedin Mobility Group AB
Automotive
Comes two days after Pendragon said it planned to sell Evans Halshaw, Stratstone and CarStore to Lithia Motors for £250m
Bookmark
Warning over electric vehicle u-turn as PM waters down immediacy of Net Zero ambition
Climate Agenda
Myenergi co-founder speaks out as five year roll-back on 2030 plan for motors made
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Auto-Trail aims to Excel with new motorhome range launch
Automotive
Cramped campervan market eyed with low-profile narrow-bodied addition from Grimsby team
Bookmark
º£½ÇÊÓÆµ-made driverless shuttle bus takes to streets of Prague
Automotive
Aurrigo International project is being used to test public attitudes to autonomous public transport
Bookmark
US car giant planning £250m acquisition of Evans Halshaw, Stratstone and CarStore dealerships
Retail & High Street
Shares in owner Pendragon rose more than a quarter following the announcement this morning
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Motor dealers Sherwoods eye acquisitions after year of turnover growth
Automotive
During the year the company acquired Town Centre Automobiles - and is now looking at other possibilities
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Electric vehicle production starts at Stellantis factory
North West
The factory is solely producing EVs, with the sale of new petrol and diesel cars and vans being banned in the º£½ÇÊÓÆµ from 2030
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Latest deadline for Britishvolt deal passes without progress
Climate Agenda
The company lined up to take over the stalled project had said that it would seal the deal in August
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Nissan-led self driving car project secures £2.3m Government grant funding
Automotive
The evolvAD programme involves five partners, including the manufacturing giant
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Leicester businessman Simon Hill suffered possible ‘cardiac event’ before crash that killed him and son Harry
Automotive
Father and son were part of senior team at family-owned fleet management business Total Motion
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Northern firms collaborate on project to produce lithium in º£½ÇÊÓÆµ
Automotive
Northern Lithium and Evove are working together on the project in County Durham and Cheshire
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Ad Feature
Big company ambitions, small community feel - how Nifco strikes the balance between the two
Organisations
Jo Brown, HR Manager, sat down with BusinessLive to talk about Nifco's new approach to employee wellbeing, apprenticeship schemes and more
Bookmark
Car retailer Vertu battles supply and interest rates headwinds to deliver profit
Retail & Consumer
The operator of 189 sales and aftersales outlets across the º£½ÇÊÓÆµ told the market it was optimistic
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Australian supply chain plan for Teesside lithium plant costed at initial £255m
Automotive
The firm behind Tees Valley Lithium says its total investment opportunity - between the North East of England and Western Australia could be worth in the region of £2.9bn
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