Mazda discussing ending production in Russia, Nikkei reports
Pendragon, the London-listed car dealer behind brands including Evans Halshaw and Stratstone, has received a fresh £400m takeover approach from its largest shareholder. The approach is expected to be confirmed in a stock exchange announcement.
Tesla's Texas push puts German plant on back burner
Employees, who have been retained throughout the suspension, will be offered assistance for re-employment, retraining and wellbeing, Toyota has confirmed, adding that they will all be given redundancy payouts. It didn’t confirm how many people were affected.
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German automakers have uphill struggle to go green
As Germany speeds up investment in renewables, the energy consumption of its automakers reveals just how reliant the country’s most important industry is on fossil fuels, a Reuters analysis of environmental data shows.
Lamborghini Aventador successor breaks down while testing
As ordinary motorists filed past the broken-down exotic supercar – stopped on the road and not even moved off to the verge everything pointed to a major failure of the sort that has plagued owners of Italian cars for decades.
Tritium enters U.S. charger market with new design
Volkswagen announced that it would close its Nizhny Novgorod factory in July, while Aston Martin, BMW, Ford, General Motors, Honda and Jaguar Land Rover have halted sales in the country.
