MotoGP and manufacturers sign first Formula 1-style Concorde agreement Sport Business MotoGP and its five manufacturers have today signed a first-of-its-kind partnership that mimics Formula 1’s famous Concorde agreement. The two-wheeled motorsporting discipline, owned by Formula 1 parent Liberty Media, this morning agreed what they have called a “defining” agreement between themselves and the five bike manufacturers – Aprilia, Ducati, Honda, KTM and Yamaha – in [...]
Honda Prelude 2026 review: Clever comeback for classic coupe Life&Style Honda Prelude is a nameplate we last saw in the UK 25 years ago. And Honda’s not bringing it back applied to yet another electric SUV, but a bona fide two-door coupe, just like the original from 1978. This is a purist move from this most purist of car companies. In other firms, marketing can [...]
LA 2028 Olympics sponsors ‘not asking about’ Wasserman position, says CEO Sport Business The CEO of the LA 2028 Olympics insists sponsors have not raised any concerns about Casey Wasserman remaining as chair despite his appearance in the Epstein files. Wasserman has already initiated proceedings to sell his eponymous global agency after historic emails between himself and Jeffrey Epstein associate and convicted sex trafficker Ghislaine Maxwell were among [...]
Carmakers swallow $65bn EV hit as UK bucks slowdown February 15, 2026 A $65bn (£51bn) rethink of electric vehicle strategies by global carmakers is colliding with a very different picture in the UK, where EV uptake continues to climb despite new taxes and policy scrutiny. Manufacturers across the US, Europe and Japan have booked tens of billions in writedowns over the past year as demand undershot expectations [...]
Mercedes F1 boss Toto Wolff tells rivals: ‘Get your s*** together’ February 2, 2026 Mercedes F1 boss Toto Wolff has accused rival teams of looking for excuses before the season has even begun amid murmurings about the legality of their new engine. Ferrari, Honda and Audi are said to have raised objections about the power unit, which is set to be used not only by Mercedes but also McLaren, [...]
FTSE 100 and global markets slump and gold surges amid tariff panic March 31, 2025 The FTSE 100 dipped 0.7 per cent as markets opened on Monday, with the FTSE 250 down a further 1.28 per cent. The moves followed a sharp drop in Asian markets overnight. The Nikkei 225 plummeted more than four per cent overnight, amid a global market panic as investor and consumer confidence drops ahead of [...]
Trump slaps 25 per cent tariffs on all car imports March 27, 2025 President Trump announced late on Wednesday that he will impose a universal 25 per cent tariff on all car imports into the US, just hours after the Office for Budget Responsibility warned that fresh tariffs would erase Reeves’ newfound fiscal headroom. These new levies are part of a package of anti-trade measures from 2 April, [...]
Honda and Nissan merger talks collapse February 13, 2025 Japanese carmakers Honda, Nissan and Mitsubishi have said they are dropping their talks to integrate their businesses. They agreed to end their consideration of how to build a structure for the three brands to collaborate, their joint statement said. Honda Motor Co and Nissan Motor Corp announced in December they would hold talks to set up a [...]
Honda and Nissan unveil merger plans as talks continue December 23, 2024 Honda and Nissan have signed a deal to proceed with talks to unify under a joint holding company, it has been announced.
Honda and Nissan merger talks spark UK job fears December 18, 2024 Experts say the UK's unfavourable tax environment and declining automotive sector put it at greater risk as the industry consolidates.