Nick Gibbs

Nick Gibbs
Title: Business correspondent
News

Porsche joins Xpeng emissions pool as it pivots back to ICE cars

Sports car specialist joins Chinese EV maker's emissions pool in EU as it primes new petrol-engined models

Porsche joins Xpeng emissions pool as it pivots back to ICE cars
hyundai ioniq 3 design technology 001
Hyundai expects to sell 20,000 Ioniq 3 EVs in Europe by the year's end
News

Hyundai pins hopes on new models after European sales slide

Brand's European sales to dealers fell by 11% in the first half of 2026 while operating margin dipped to 5.8%

Hyundai pins hopes on new models after European sales slide
Opinion

Aston Martin's cars are the best yet - why aren't its finances?

Customers are paying more for cars but the debt keeps piling higher, forcing drastic action

Aston Martin's cars are the best yet - why aren't its finances?
News

How BMW plans to cut costs without shutting plants

BMW's profit margin for the first half of 2026 dipped to 3.6% but it's targeting 8-10% by the 2030s

How BMW plans to cut costs without shutting plants
robotaxi 87
Cybercab roll-out in Austin, Texas, has faced delays
News

Cheap cars hit Tesla profits as tech pivot stalls

Tesla's second-quarter profits slumped – despite it selling 10% more cars than a year ago

Cheap cars hit Tesla profits as tech pivot stalls
News

Chinese car makers all share parts - will the world follow?

"Everyone has the same door handle": how Chinese firms build cars so cheaply

Chinese car makers all share parts - will the world follow?
Opinion

Roof boxes on top as car accessory market defies auto downturn

The Chinese market is grim for European car makers, but it's an entirely different story for accessory makers

Roof boxes on top as car accessory market defies auto downturn
News

European premium brands face crisis as China sales collapse

BMW, Volvo, Porsche, JLR and Mercedes-Benz all suffered big drops in China during second quarter

European premium brands face crisis as China sales collapse
News

Car dealers fighting EV transition as aftersales profits under threat

The bulk of dealers' profits come from aftersales, but EVs are much simpler to maintain

Car dealers fighting EV transition as aftersales profits under threat
News

Death by 100,000 cuts? How VW Group went wrong – and how they'll fix it

Factory closures, model cancellations and job cuts on the cards as firm races to rebuild margins

Death by 100,000 cuts? How VW Group went wrong – and how they'll fix it
the new ceo antonio filosa together with chairman elkann during a recent visit to a plant 1
CEOs like Stellantis’s Filosa (centre) are going back to basics
Opinion

Generation Axe: Why new wave of CEOs is chopping investments

Some £26 billion of spending has been cut as CEOs look to chop new models, plants and headcounts

Generation Axe: Why new wave of CEOs is chopping investments

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