Last year Ford Otosan made a profit of the equivalent of £1.1 billion
The company’s profitable joint-venture partnership that builds Ford Transits in Turkey is turning into a goldmine
Britishvolt aimed to secure funding for battery R&D and manufacturing businesses in the UK
Major private equity firm Blackstone picks UK site to build one of the largest data centres in Europe
Future unclear for studio that penned Esprit, Elise, Evora et al; brand mulls moving all design activity to Coventry
324,893 cars were built at Sunderland last year, led by the Qashqai and Juke
After its last 'flawed' plan didn't work, the Japanese firm's new goal is to raise sales by one million cars a year
A 58% rise in car production for the UK market during February was notable
But the market is still heavily reliant on exports, with 74% of output sent overseas
Cheaper raw materials will help make EVs more affordable, said Stellantis CEO Carlos Tavares
Pessimism around electric vehicles is pushing down the cost of the materials needed to make them
British car manufacturing grew 21% to 82,997 units
The UK car industry had its most productive January since 2021
A limited number of medium-sized vans will be produced on the adapted production line
The move follows Vauxhall parent company's £100m full electrification of Ellesmere Port
Extra staff will work on production of DBX 707 super-SUV, DB12 grand tourer and new Vantage sports car
Stellantis opened its revamped Ellesmere Port factory last year, where it now exclusively makes EVs
However, SMMT predicts fewer cars will roll off production lines in 2024 amid "unrelenting" challenges
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