Luton is reeling from the news that Vauxhall is set to close its car factory after 120 years in a move the company is blaming on the Government's Net Zero EV sales targets. Where are all those 'green jobs', then?
The Government is set to water down rules mandating the switch to electric vehicles after a backlash from carmakers amid weak sales and job cuts.
Once upon a time, two crafty Brand Managers approached the Jaguar board claiming they could create an ad so daring only the most discerning would understand its brilliance. Laura Dodsworth with a modern day morality tale.
Ford is to cut 800 jobs in Britain and 4,000 roles across Europe over the next three years as part of a plan to cut production of electric cars as sales stall and competition from China steps up.
Germany suffered a "spectacular" 70% drop in electric car sales last month as the European Union faces growing calls to delay its unachievable carbon reduction targets.
Electric vehicles are losing value at an "unsustainable" rate as a slowdown in consumer demand causes used car prices to halve in two years, leasing companies have warned.
Car makers are rationing sales of petrol vehicles in Britain to avoid hefty Net Zero fines, according to one of the biggest dealership chains. "The new car market is no longer a market. It’s a state-imposed supply chain."
The Net Zero crackdown on combustion engines could force the maker of Vauxhall to scale back its presence in Britain, its boss has warned, calling the petrol car sales restrictions "terrible for the U.K."
The Business Secretary has warned her Cabinet colleagues that the zero emissions vehicle mandate, which comes into force in January, will lead to job losses in the automotive industry.
