Nick Gibbs

Title: Business correspondent

Articles by Nick Gibbs

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News

How BMW plans to cut costs without shutting plants

BMW's profit margin for the first half of 2026 dipped to 3.6% but it's targeting 8-10% by the 2030s

10 August 2026

How BMW plans to cut costs without shutting plants

Cybercab roll-out in Austin, Texas, has faced delays

News

Cheap cars hit Tesla profits as tech pivot stalls

Tesla's second-quarter profits slumped – despite it selling 10% more cars than a year ago

5 August 2026

Cheap cars hit Tesla profits as tech pivot stalls

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News

Chinese car makers all share parts - will the world follow?

"Everyone has the same door handle": how Chinese firms build cars so cheaply

3 August 2026

Chinese car makers all share parts - will the world follow?

Thule Force 3 Pressroom 04

Opinion

Roof boxes on top as car accessory market defies auto downturn

The Chinese market is grim for European car makers, but it's an entirely different story for accessory makers

29 July 2026

Roof boxes on top as car accessory market defies auto downturn

News

European premium brands face crisis as China sales collapse

BMW, Volvo, Porsche, JLR and Mercedes-Benz all suffered big drops in China during second quarter

27 July 2026

European premium brands face crisis as China sales collapse

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News

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

News

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

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CEOs like Stellantis’s Filosa (centre) are going back to basics

Opinion

Generation Axe: Why new wave of CEOs is chopping investments

Some £26 billion of spending has been cut as CEOs look to chop new models, plants and headcounts

15 July 2026

Generation Axe: Why new wave of CEOs is chopping investments

News

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

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Modular T1X platform helps Chery to build cars at low cost

Opinion

£12k SUVs, £2bn profits: Why Chery's margins are triple the VW Group's

Chinese firms are often accused of making losses but some, such as BYD and Chery, are generating huge margins

8 July 2026

£12k SUVs, £2bn profits: Why Chery's margins are triple the VW Group's

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News

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

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