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Automotive
15:18, 14 JUN 2023
Higher financing costs, limited stock availability and fall in electric car values contribute to £300k loss at Motorpoint
Company Results
But sales up almost 9 per cent to £1.44bn as share of second-hand car market grows
Bookmark
Nissan demonstrates automatic anti-collision tech
Automotive
The manufacturer has been working on sensors that are due to be installed on nearly all of its new cars by 2030
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º£½ÇÊÓÆµ car maker Bentley launches environmental fund to help combat climate change
North West
In March, BusinessLive reported that Bentley had enjoyed its best-ever financial year with its profits surging past £600m
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Driverless pod maker which works with Jaguar Land Rover, Morgan and Aston Martin buys parts manufacturer
Deals
Aurrigo makes six autonomous vehicles, which can cut costs, resolve operational issues and tackle labour shortages
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Leicester factory workers threatening to strike over pay
Employment
Union warns Trelleborg’s customers ‘will not be pleased if their supply chains are disrupted by the company’s greed’
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Grimsby's family-owned Nunns dealership crowned Mazda franchise of the year
Automotive
Winning is becoming a habit for the Altyre Way team
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Nissan Sunderland plant passes 11 million vehicle milestone
Automotive
The Wearside motor manufacturer has produced a car every two minute for the last 37 years
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Hi-tech speaker company Warwick Acoustics signs top secret deal with luxury car brand
Automotive
'Independent commentators, sound engineers and musicians will tell you the headphones are the best in the world bar none'
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Jaguar Land Rover reveals new name and logo as part of major rebrand
North West
The new logo will not appear on any of its cars
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Billionaire Elon Musk would 'strongly consider' North East for next Tesla gigafactory
Automotive
The multi billionaire was put on the spot over his gigaplant plans by regional entrepreneur Ian Baggett at a CEO event in London
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Bridgestone investing millions in Lincolnshire retread factory
Automotive
A new Bandag Hotread brand has been developed to cover the HGV, bus and coach markets
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Clock is ticking for º£½ÇÊÓÆµ car making unless battery supply chain is urgently established, say experts
Automotive
A panel of automotive industry experts, including those with links to the North East, gave evidence to MPs this week
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New Aggregate Industries surface at Donington Park helps smash lap records
Construction
Some 6,500 tonnes of asphalt were removed and replaced over a 22 day period
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North East chip manufacturer raises questions over Government's new semiconductor strategy
Technology
The boss of Pragmatic Semiconductor says he welcomes support for research but has questioned whether the £1bn pledged by Government is enough
Bookmark
Recharge Industries insists Britishvolt deal still on track despite MP's concern
Automotive
There has been wrangling about a buy-back clause over the land
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Government told to "wake up and take the steering wheel" on electric vehicles
Automotive
Comments from Labour came after Vauxhall owner Stellantis warned of a threat to its º£½ÇÊÓÆµ operations
Bookmark
The precision engineering giant helping a British Superbike race team on the road to success
Engineering
Druck hopes to help Hawk Racing deliver a best-ever season on the British Superbikes circuit
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Vauxhall-maker Stellantis warns over future of Ellesmere Port factory unless Brexit deal changed
North West
The world’s fourth biggest car maker committed to making electric vehicles at its Ellesmere Port and Luton plants two years ago
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Volkswagen returns to Grimsby with JCT600
Automotive
Used cars to be sold from new base on Altyre Way motor village
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Labour pledges 80,000 automotive jobs with gigafactory plans
Automotive
The party says it would part finance eight gigafactories around the º£½ÇÊÓÆµ to help ensure the future of the º£½ÇÊÓÆµ automotive sector
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Nissan forecasts big rise in global profits despite 'harsh' environment
Automotive
Global results for the Japanese company show that revenues and profits have risen over the last year
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Losses slashed at Jaguar Land Rover as chip supply issues ease
North West
JLR said that as a result of its 'strong cashflow', its net debt reduced to £3bn
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Wastefront recycling plant creates complete supply chain for used tyres following new deal
Deals
The Port of Sunderland plant will process around 80,000 tonnes of tyres per year when it is at full capacity
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Motor group Vertu confident as sales top £4bn for the first time
Automotive
The Tyneside motor group said supply of new vehicles was easing after a period of difficulty
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