Many of us expected Q1 loses for Tesla last week, but I for one hadn’t anticipated such eye-wateringly bad figures. The firm lost over $700m in the first quarter of 2019, one of its worst quarterly results ever.
The used car market in March was a story of two halves and market sentiment would appear to suggest that the retail consumers were more fickle than they have been for some time, according to Cazana director of valuations Rupert Pontin.
Aston Martin launched its new Rapide E luxury electric vehicle (EV) at the Shanghai Motor Show as Lotus Cars announced that its first all-new production car for a decade would be an EV hypercar – the Type 130.
Nissan Motor GB has appointed Kalyana Sivagnanam as its new managing director four months after the announcement that his predecessor Alex Smith would replace Paul Willis as Volkswagen Group UK managing director.
Ford announced the return of the Puma and unveiled its new Kuga SUV at a ‘Go Further’ showcase event outlining its plans to introduce a range of hybrid, plug-in hybrid and pure electric vehicles (EVs).