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...
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...
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...
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...
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’...
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...