Business

VW Group to "accelerate" cost cutting after profits plummet to 3.8%

Firm moves to dramatically reduce overheads and restore margins as it faces an "unprecedented risk scenario"

24 July 2026
VW Group to "accelerate" cost cutting after profits plummet to 3.8%
Electric vehicles

Honda commits to cutting CO2 but slams EU's EV "fetish"

European boss would welcome stricter emission targets if car makers had more ways to achieve them

24 July 2026
Honda commits to cutting CO2 but slams EU's EV "fetish"
Car sales

Renault's sales keep growing – and firm insists it's sustainable

French brand says that high residuals and AI-powered PCP deals can help it keep increasing sales

23 July 2026
Renault's sales keep growing – and firm insists it's sustainable
Electric vehicles

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

22 July 2026
Car dealers fighting EV transition as aftersales profits under threat
Corporate

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

20 July 2026
Death by 100,000 cuts? How VW Group went wrong – and how they'll fix it
Car sales

Is brand loyalty dead? 80 car makers do battle as customers break habits

Sticking with only one car maker could cost you a fortune – but there are benefits, too

17 July 2026
Is brand loyalty dead? 80 car makers do battle as customers break habits
Corporate

Agency model: Why some car makers stuck with tricky direct sales

Volvo, Mercedes-Benz, Mini and Honda are among those to have cracked the difficult 'agency' formula

14 July 2026
Agency model: Why some car makers stuck with tricky direct sales
Finance and corporate

VW Group plans to slash number of models in restructuring plan

The German giant will reduce its line-up and trim production in moves that could lead to 100,000 job cuts

10 July 2026
VW Group plans to slash number of models in restructuring plan
Electric vehicles

UK warns of critical threat for EVs as tariff cliff edge looms

EU's rules of origin could threaten competitiveness of Nissan Leaf and Land Rover EVs, among others

7 July 2026
UK warns of critical threat for EVs as tariff cliff edge looms
Corporate

Renault Group chief: European car industry 'are not losers'

Europe is losing the battle to the Chinese but François Provost wants to show there's still life in it yet

3 July 2026
Renault Group chief: European car industry 'are not losers'

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