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Corporate / Financial UK: Supply issues hinder manufacturers and finance companies alike

UK: Supply issues hinder manufacturers and finance companies alike

The UK finance market shrank in July as chip shortages prevented cars from being delivered.
By James Fossdyke 16 September 2021
Corporate / Financial Toyota outlines its strategy on batteries and electrification

Toyota outlines its strategy on batteries and electrification

The company will invest over £9.9 billion in the battery supply system and research and development by 2030.
By Mark Kane 10 September 2021
Corporate / Financial Polestar announces expansion to 30 global markets by end of 2022

Polestar announces expansion to 30 global markets by end of 2022

It plans to add 12 new markets next year.
By Anthony Alaniz 09 September 2021
Corporate / Financial BMW Munich HQ lightshow presents brand's transformation

BMW Munich HQ lightshow presents brand's transformation

36 projectors are displaying various animations.
By Anthony Karr 07 September 2021
Rumours Apple Car back on track with potential Toyota deal - report

Apple Car back on track with potential Toyota deal - report

The tech giant is aiming a 2024 launch.
By Anthony Karr 03 September 2021
Motorsport.com Formula 1 teams set for $1.2 million cost cap bonus

Formula 1 teams set for $1.2 million cost cap bonus

Thanks to the late Japanese Grand Prix cancellation.
By Jonathan Noble 01 September 2021
Industry VW ID.4's slow start in China blamed on staff's rigid dress code

VW ID.4's slow start in China blamed on staff's rigid dress code

Mystery shoppers sent by Stifel to VW, Tesla, and Nio stores discovered that VW employees dress too conservatively for young buyers.
By Dan Mihalascu 23 August 2021
Industry Saudi Arabia buys stake in Italian supercar-maker Pagani

Saudi Arabia buys stake in Italian supercar-maker Pagani

Some key funds for Pagani.
By Chris Okula 22 August 2021
Motorsport.com McLaren to acquire majority stake in Arrow SP IndyCar team

McLaren to acquire majority stake in Arrow SP IndyCar team

McLaren Racing has announced it is to acquire a 75 percent share in the Arrow McLaren SP IndyCar team at the end of this season.
By David Malsher 09 August 2021
Motorsport.com F1 income continues to recover as spectators return to races

F1 income continues to recover as spectators return to races

F1’s income continued to bounce back in the second quarter of 2021 after the first part of last season was wiped out by COVID pandemic.
By Adam Cooper 07 August 2021
Green British electric taxi maker plans to hire further 275 staff in UK

British electric taxi maker plans to hire further 275 staff in UK

Dynamo turns Nissan e-NV200s into black cabs.
By James Fossdyke 05 August 2021
Corporate / Financial Ford vows to spend more on EVs than ICE vehicles from 2023

Ford vows to spend more on EVs than ICE vehicles from 2023

Ford COO for North America Lisa Drake also said that with the F-150 Lightning it does not plan “to cede truck leadership to anybody.”
By Dan Mihalascu 04 August 2021
Corporate / Financial Elon Musk denies speaking to Tim Cook about Apple buying Tesla

Elon Musk denies speaking to Tim Cook about Apple buying Tesla

So the alleged conversation in which Cook said ‘f*** you’ to Musk never actually happened, according to the Tesla CEO.
By Andrei Nedelea 03 August 2021
Corporate / Financial Bentley had its best half of the year ever, China is the biggest market

Bentley had its best half of the year ever, China is the biggest market

The Bentayga was obviously the top seller.
By Adrian Padeanu 30 July 2021
Corporate / Financial Aston Martin sales rose by 224 percent in H1 2021 and you know why

Aston Martin sales rose by 224 percent in H1 2021 and you know why

Because SUVs, of course.
By Anthony Karr 30 July 2021
Corporate / Financial UK: Subaru/Isuzu importer will take on Mitsubishi servicing

UK: Subaru/Isuzu importer will take on Mitsubishi servicing

IM Group will take over the brand's servicing and maintenance operation on October 1.
By James Fossdyke 29 July 2021
Corporate / Financial Europe: Tesla makes Superchargers free in flood-affected areas

Europe: Tesla makes Superchargers free in flood-affected areas

Charging will be free in impacted parts of the Netherlands, Belgium and Germany.
By Mark Kane 20 July 2021
Motorsport.com Saudi Arabia contributes to £550m boost for McLaren Group

Saudi Arabia contributes to £550m boost for McLaren Group

The investment will help to secure the future of the Formula 1 team.
By Adam Cooper 19 July 2021
Industry Norton Motorcycles former director barred from directing for 5 years

Norton Motorcycles former director barred from directing for 5 years

The reason: Stripped V4SS bikes.
By Janaki Jitchotvisut 19 July 2021
Industry Volkswagen Group outlines NEW AUTO strategy through 2030

Volkswagen Group outlines NEW AUTO strategy through 2030

The company will go electric and expects to profit on that more than previously anticipated.
By Mark Kane 15 July 2021
Motorsport.com FIA reveals 'remarkable' 160 billion euro motorsport impact

FIA reveals 'remarkable' 160 billion euro motorsport impact

The FIA has revealed the findings of a key study.
By Jonathan Noble 07 July 2021
Manufacturing / Production Stellantis announces its first plant dedicated to EVs

Stellantis announces its first plant dedicated to EVs

The Ellesmere Port (UK) plant will produce compact electric vans for Vauxhall, Opel, Peugeot and Citroën.
By Mark Kane 07 July 2021
Supercars Bugatti and Rimac officially join forces, become Bugatti-Rimac

Bugatti and Rimac officially join forces, become Bugatti-Rimac

The electric upstart and French hypercar brand are now one company.
By Jeff Perez 05 July 2021
Corporate / Financial AMG, Maybach, and G-Class to form new business group within Mercedes

AMG, Maybach, and G-Class to form new business group within Mercedes

And it's happening this year.
By Jacob Oliva 05 July 2021
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