Category : Search result: Australian automotive industry


EV Boom Creates £13B Treasury Black Hole

As petrol and diesel cars disappear from UK roads, the Treasury faces a massive fuel duty shortfall that could force difficult tax decisions. Discover how the switch to EVs is reshaping Britain's fiscal landscape.

JLR Fuels UK Manufacturing Boom - PMI Hits 18-Month High

Britain's automotive sector shows strongest growth since May 2024 as Jaguar Land Rover expansion and improved supply chains drive manufacturing revival. Exclusive analysis of the latest PMI data reveals surprising economic resilience.

JLR refutes government's £15bn support claims

Jaguar Land Rover challenges ministers' assertions about accessing £15bn support package, revealing only £2.5bn was actually drawn in high-stakes automotive industry dispute.

Volkswagen's €2.5bn loss amid chip crisis

German auto giant Volkswagen reports staggering €2.5bn quarterly loss amid severe semiconductor shortages, while Chinese rivals surge ahead in the electric vehicle race.

GM axes 2,300 jobs in Michigan and Ohio plants

General Motors announces massive layoffs across key US manufacturing plants, citing production adjustments for slower-selling vehicles and the industry's rapid shift toward electric vehicles.

Aston Martin profit warning over Trump tariffs

British luxury car manufacturer Aston Martin faces significant financial headwinds from Trump-era tariffs and supply chain issues, prompting profit warnings and strategic reviews.

GM cuts 1,300 UK jobs, closes Ellesmere Port plant

General Motors announces devastating cuts with 1,300 positions eliminated and Ellesmere Port factory closure, sending shockwaves through UK automotive sector amid electric vehicle transition.

Nissan partners with BYD to avoid EU emissions penalties

In a stunning industry move, Nissan has partnered with Chinese EV giant BYD to avoid billions in EU carbon penalties, reshaping the electric vehicle landscape and raising questions about Western automakers' survival strategies.

GM's CarPlay Axe: The Sinister Reason Behind It

General Motors' controversial decision to abandon Apple CarPlay reveals a disturbing trend as manufacturers prioritise data harvesting and subscription revenue over driver convenience.

Trump Tariffs Threaten UK Electric Car Market

A potential Trump White House return could trigger massive tariffs on American electric vehicles, sending shockwaves through UK car markets and threatening price hikes for British consumers.

Jaguar Land Rover drives UK manufacturing surge

Britain's manufacturing sector experiences strongest growth since May 2022, driven by Jaguar Land Rover's production boost and rising business optimism despite ongoing cost pressures.

Volvo and VW lead takeover of chipmaker Nexperia

A European automotive alliance including Volvo and Volkswagen has successfully acquired Chinese semiconductor firm Nexperia, marking a strategic move to secure crucial chip supplies amid ongoing global shortages.

Tesla Profits Crash 48% in Stunning Q3 Results

Tesla reports dramatic 48% profit decline amid production delays and fierce Chinese competition. Discover how Elon Musk's EV empire is navigating its toughest quarter yet.

JLR cyber attack costs UK economy £1.9bn

A devastating ransomware attack on Jaguar Land Rover has inflicted a £1.9bn blow to the UK economy, making it Britain's costliest ever cyber incident with severe supply chain repercussions.

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