McLaren Automotive is set to invest £500 million in its UK operations as the British performance carmaker accelerates development of its next generation of vehicles, including a newly confirmed performance SUV. The investment, backed by...

BYD is preparing to manufacture heavy-duty electric trucks in Europe as the Chinese automotive giant accelerates its strategy to establish a deeper industrial footprint on the continent and reduce its exposure to potential trade barriers....

Lotus Technology has chosen to absorb the European Union’s additional tariff burden on Chinese-built electric vehicles rather than raise showroom prices, a decision that highlights the increasingly difficult economics facing premium EV manufacturers operating across...

Is Washington about to open the gates to Chinese carmakers? There are rumours that the Trump administration is considering exactly that as part of a broader deal with Beijing ahead of Chinese President Xi Jinping’s...

Porsche has completed its exit from Bugatti Rimac and Rimac Group, turning its stakes in the Croatian electric hypercar businesses into around €1 billion in proceeds as the luxury automaker moves to strengthen its finances and refocus...

Volkswagen Group is preparing to spend around €16 billion on job cuts and potential factory closures as Europe’s biggest automaker launches the most aggressive restructuring in its history. The scale of the bill underlines the pressure facing...