When a government makes a public denial about not wanting to sell off public assets then usually it ought not to be believed. So when the French Economy Minister said that his government has no plans to...

We all know the Chinese economy is a juggernaut that just keeps on giving and it certainly keeps on giving for the likes of Porsche even when the country is expecting a cold in buying confidence. If...

The Fiesta retained its position as the UK’s most popular new car purchase, followed by the Focus and the Vauxhall Corsa subcompact. The UK car market is continuing an upward trend by increasing by 6...

The Chinese owners of Saab, National Electric Vehicle Sweden (NEVS) has revealed it is to lay off 200 staff at its Saab production plant in Sweden. NEVS is currently facing serious cash flow issues, the...

Demand for the Ford Fiesta in Europe has slowed in the forth quarter causing the auto giant to make the decision to cut production of its subcompact car at the company’s manufacturing hub in Cologne, Germany. Production will pause for...

Group Lotus is planning to cut around 325 jobs, which accounts for a quarter of its workforce, as the company seeks to reduce operating losses. The company is undergoing an organisational restructuring phase to ensure that...