Toyota’s UK profit almost wiped out amid ZEV mandate battle September 12, 2025 Toyota’s UK profit has almost been wiped out as the carmaker battled a decline in market share and compliance with the ZEV [Zero Emission Vehicle] mandate. The Surrey-headquartered division has posted a pre-tax profit of £462,000 for the 12 months to 31 March, 2025, down from the £11.5m it achieved in the prior year. New [...]
Aston Martin: Why going private could be the right road for luxury carmaker July 29, 2025 Luxury carmaker Aston Martin could delist from the London Stock Exchange and return to private ownership as a way to boost its balance sheet, according to an analyst. Experts at Third Bridge have said the move could have a number of benefits for the Warwickshire-headquartered brand including “improve agility, attract long-term partners, and reduce the [...]
Carmarker Lotus: ‘No plans’ to shutter UK factory despite fears of closure June 28, 2025 Lotus has said it has ‘no plans’ to close its Norfolk factory despite media reports that the carmaker may move production to the US. Reports on Friday suggested that the company’s Hethel factory – which employs 1,300 people – could be closed within a month, but Lotus said it is “continuing normal operations” in a [...]