Sports car specialist joins Chinese EV maker's emissions pool in EU as it primes new petrol-engined models
Hyundai expects to sell 20,000 Ioniq 3 EVs in Europe by the year's end
Brand's European sales to dealers fell by 11% in the first half of 2026 while operating margin dipped to 5.8%
Customers are paying more for cars but the debt keeps piling higher, forcing drastic action
BMW's profit margin for the first half of 2026 dipped to 3.6% but it's targeting 8-10% by the 2030s
Cybercab roll-out in Austin, Texas, has faced delays
Tesla's second-quarter profits slumped – despite it selling 10% more cars than a year ago
"Everyone has the same door handle": how Chinese firms build cars so cheaply
The Chinese market is grim for European car makers, but it's an entirely different story for accessory makers
BMW, Volvo, Porsche, JLR and Mercedes-Benz all suffered big drops in China during second quarter
The bulk of dealers' profits come from aftersales, but EVs are much simpler to maintain
Factory closures, model cancellations and job cuts on the cards as firm races to rebuild margins
CEOs like Stellantis’s Filosa (centre) are going back to basics
Some £26 billion of spending has been cut as CEOs look to chop new models, plants and headcounts
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