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COVID-19's toll on 2020 car manufacturing could reach £12.5bn, says SMMT
The UK car manufacturing sector could suffer a £12.5 billion loss due to production lost during the COVID-19 coronavirus pandemic's enforced lockdown period.
UK Government seeking site for sprawling Tesla EV 'Gigafactory'
The UK Government is on the hunt for a sprawling industrial site to accommodate a Tesla electric vehicle (EV) “Gigafactory”, according to reports this week.
Renault plans 17.5% production cut to save £1.8bn by 2024
Renault has laid out plans to implement 14,600 job cuts as it reduces its global vehicle production output by 17.5% in a bid to save £1.8 billion by 2024.
Dealer positivity, Kia's strategy and motor finance developments since lockdown - in the new issue of AM
The new July issue of AM magazine is now out (view it here as an e-zine), with coverage of the help dealers are giving key workers and the steps they’re taking to bring their dealerships out of lockdown.
Richmond Motor Group completes Newmans Southampton acquisition
Richmond Motor Group has completed the acquisition of Newmans Southampton and revealed plans to grow its business with the opening of four more dealerships in the next 18 months.
Nissan restructure follows 2019's worst financial results in 11 years
Nissan is set to close its Barcelona plant as it consolidates its European manufacturing operations in Sunderland as part of cost-saving measures designed to achieve a 5% profit margin within four years.
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Moving beyond spreadsheets: Unlock the power of your DMS data
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