Industry News
Gordon Murray Automotive has relocated production of its T.50 supercar to its newly-built Group headquarters in Highams Park, Surrey, marking a strategic move aimed at enhancing efficiency and streamlining operations. By transitioning production from its...
By DCB Editorial
April 12, 2024
In business, having a target to aim for is always considered best practice. However, Lotus may be overly optimistic in targeting 150,000 annual sales by 2028. Prior to 2024, Lotus’s best year was 2005 when...
By Rob Eckaus
April 9, 2024
In a recent media interview, Volkswagen CEO Oliver Blume acknowledged the company’s challenges in maintaining its position at the forefront of electric vehicle sales in China, citing intensifying competition from Chinese EV makers who are...
By DCB Editorial
April 8, 2024
His name is Hallmark… Adrian Hallmark. He was the CEO of Bently Motors before stepping down with immediate effect last week. And on October 1st he will become the 4th CEO to be hired by...
By Chris Ward
March 25, 2024
Mum’s the word for the McLaren Group as Mumtalakat, Bahrain’s Sovereign Wealth Fund, has acquired a 100 percent shareholding. The McLaren Group includes the McLaren Formula 1 team and McLaren Automotive. Mumtalakat, which means ‘assets’...
By DCB Editorial
March 22, 2024
Honda and Nissan are seeking to collaborate on electric vehicles to explore common parts and engage in joint procurement. This initiative comes as the Japanese carmakers endeavour to reduce costs and elbow their way to...
By DCB Editorial
March 20, 2024