Ministers will consult with car makers to find “options for a better way forward”
The brand's profits have tumbled to below a billion euros for the first time in at least 10 quarters
Ineos paused production of the Grenadier in September
Manufacturer faced problems that could have forced it to halt production for "much, much longer"
Muñoz was swarmed by crowds at the unveiling of the new Hyundai Ioniq 9
Jose Muñoz steps up to lead Hyundai's global operations
Stoppage at Grenadier factory was understood to be down to seat supplier Recaro filing for insolvency
Cox Automotive expects a 3.6% rise over 2024 in a challenging year for the UK market
The lower-margin business of new car sales has traditionally been supplemented by aftersales, finance and insurance
The Volkswagen Group names a new UK boss as Alex Smith steps down after six years
Finance has been a big profit generator for car dealers | Image: Getty Images
Consumers warned that dealers will be looking to make up for lost earnings from hidden commissions
Hethel-based Lotus Cars is responsible for the Emira sports car
Hethel firm alludes to impact of weakening demand for EVs as factor in cost-cutting measure
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