Category Archives: Automotive industry

Keir Starmer urged to get tough with Trump as US tariff threat looms

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PM told to be as robust as Canada with the US president as the UK stages last-ditch talks to strike trade deal

Keir Starmer should fight back strongly against Donald Trump if he imposes punitive tariffs on British exports, senior UK and EU diplomats said on Saturday night, amid heightened fears that the US president could trigger a global trade war with devastating effects on the UK economy.

British government officials in London and Washington are working frantically this weekend to try to persuade Trump not to slap duties on more key UK industries on what he is calling “liberation day” on Wednesday. The US president has already announced plans for 25% levies on imports of cars, steel and aluminium to the US.

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Hyundai facing legal action over car that can be stolen ‘effortlessly in seconds’

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Elliott Ingram was stunned at how a thief made off with his Ioniq 5 deploying a device to mimic the smart key – and says he should have been warned

The motor manufacturer Hyundai faces legal action over allegations it failed to warn its customers that one of its most popular models of electric cars could be stolen “effortlessly in seconds”. Elliott Ingram, an expert in digital security, was stunned when a CCTV camera installed at his home recorded a hooded thief stealing his Hyundai Ioniq 5 car in less than 20 seconds.

The thief is believed to have used a device, available online, to mimic the car’s electronic key. It is the latest in a spate of thefts involving the vehicle, and many owners now resort to a steering lock. Ingram’s car was later recovered by police, but he is terminating the lease and seeking compensation from the motor company. He says the South Korean car giant should have alerted customers to the security vulnerabilities.

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End of an era for Canada-US ties, says Carney, as allies worldwide decry Trump’s car tariffs

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Canadian PM says Donald Trump has permanently altered relations, as countries around the globe insist import taxes are harmful to all, including Washington

Canada’s prime minister has said the era of deep ties with the US “is over”, as governments from Tokyo to Berlin to Paris sharply criticised Donald Trump’s sweeping tariffs on car imports, with some threatening retaliatory action.

Mark Carney warned Canadians that Trump had permanently altered relations and that, regardless of any future trade deals, there would be “no turning back”.

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Coalition may rethink rules that push car markers to create cheaper EVs and hybrids for Australians

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Opposition says Labor’s national vehicle emission standard is ‘poorly designed’, despite data showing uptick in green vehicle sales

Australia’s love-hate relationship with fuel-guzzling utes and SUVs is now a looming election issue, after the Coalition indicated it may rethink Labor’s vehicle emission standard.

On Tuesday the shadow transport minister, Bridget McKenzie, called Labor’s vehicle emission standard “poorly designed” and said the Coalition will have “more to say” about it when the opposition releases its own transport policy before the election.

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Chinese EV maker BYD says fast-charging system could be as quick as filling up a tank

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BYD unveils platform with charging power of 1,000 kW, which would be twice as fast as Tesla’s supercharging

The Chinese electric vehicle maker BYD has unveiled a new charging system that it said could make it possible for EVs to charge as quickly as it takes to refill with petrol.

BYD’s Hong Kong-listed shares gained 4.1% on Tuesday to hit a record high of 408.80 Hong Kong dollars, as investors bet that the company could strengthen its already commanding position as one of the world’s biggest electric carmakers.

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The cars eating Australia: should we be trying to reverse our attraction to SUVs and utes?

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Australians are hooked on tax perks while road fatalities and emissions are surging and spending on petrol and insurance increasing

It’s impossible not to have noticed it – cars have been getting bigger and bigger, and SUVs and four-door utes have become Australia’s new family car. Gone are the days of the Commodore or Corolla fighting it out as Australia’s most popular vehicle. We’re now well into the era of the Ranger, RAV4, HiLux and Outlander, as well as increasing flirtations with US-style pickup trucks, and it shows no sign of stopping.

It happened gradually, despite the mounting evidence about some of the problems posed by these vehicles.

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Tesla tells US government Trump trade war could ‘harm’ EV companies

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Letter from Elon Musk’s firm to US trade representative warns of ‘downstream impacts’ of tit-for-tat tariffs

Elon Musk’s Tesla has warned that Donald Trump’s trade war could expose the electric carmaker to retaliatory tariffs that would also affect other automotive manufacturers in the US.

In an unsigned letter to Jamieson Greer, the US trade representative, Tesla said it “supports fair trade” but that the US administration should ensure it did not “inadvertently harm US companies”.

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Australians are obsessed with SUVs and huge utes, but experts say they are making our roads deadlier

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About 60% of the 1.2m cars that drove out of the showroom last year were SUVs, but road fatalities reached a 12-year high too

George Upjohn vividly remembers his interaction with the driver of an SUV after a collision that happened while cycling in Sydney’s south.

“I had blood all over my shins and when I hobbled up and asked why she didn’t turn her head to check to her side before veering into my lane, she said she didn’t need to because the sensor in her car would have alerted her to me. She said I must have been at fault and rode into her,” the 32-year-old claims.

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‘Patchy and behind deadline’: MPs attack UK rollout of EV charging points

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Committee warns of serious injustice to disabled motorists and those reliant on public chargers

The rollout of electric vehicle chargers across Britain is “patchy”, behind deadline and ignores the needs of disabled drivers, the parliamentary spending watchdog has found.

A report published by the public accounts committee (PAC) warned that the charging points needed to give drivers confidence for the switch to EVs were still lacking, particularly on Britain’s biggest roads.

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Tesla’s UK sales rise despite threat of backlash over Musk’s political role

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Sales of battery-powered cars jumped in February, with Model 3 and Model Y most popular after Mini Cooper

Sales of Teslas in the UK rose by more than a fifth last month as demand for battery-powered cars increased, despite the prospect of a buyer backlash over Elon Musk’s controversial and divisive behaviour since becoming a key figure in Donald Trump’s administration.

Almost 4,000 Teslas were sold in the UK in February, with the Model 3 and Model Y proving the second and third most popular after the Mini Cooper, according to the latest new car registration figures from the Society of Motor Manufacturers and Traders (SMMT).

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Nissan and Honda end $60bn merger talks

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Both Japanese carmakers say they will continue to cooperate on electric vehicle technology

Japan’s Nissan and Honda have said that their boards have voted to end talks over a merger that would have created a $60bn (£48bn) auto group, but added that both companies would continue to cooperate in electric vehicles.

A merger would have spawned the world’s fourth-biggest carmaker by vehicle sales after Toyota, Volkswagen and Hyundai.

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How Trump tariffs could upend car markets in Europe, the US and China

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Levies threaten exporters to US market, while scrapping of subsidies will hit EV sales – and Tesla could gain

The internal combustion engine appears to hold a special place in Donald Trump’s psyche. During his inauguration speech last week, he made a “sacred pledge” to raise US car production to “a rate that nobody could have dreamt possible just a few years ago”.

Car making and the oil industry – not AI, computer chips, or even cryptocurrencies – were the only two industries the new US president highlighted as he promised to make America a “manufacturing nation once again”.

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Tesla takes EU to court over tariffs on EVs made in China

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Elon Musk’s company still imports large number of cars into Europe from its Shanghai factory

Tesla has filed a complaint against the European Commission after the imposition of tariffs by the bloc on its Chinese-made electric vehicles.

The EU announced its decision to impose tariffs on all imports of Chinese electric cars in June, alleging that the Chinese government had provided unfair state subsidies to manufacturers in order to win a dominant position in the emerging industry. EU leaders approved the tariffs in October.

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UK needs to ban full hybrid cars by 2030 or face net zero ‘catastrophe’, says motoring body

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Electric Vehicles UK says hybrids without a plug should be banned or else confidence in electric cars will be damaged

Britain needs to press ahead with a ban on the sale of new hybrid cars with no plug from 2030 or risk taking “a catastrophic misstep” on the road to net zero, ministers have been warned.

Cars such as the Toyota Prius, which charge a battery from an internal combustion engine, need to be excluded from the list of vehicles sold in the UK from 2030 or there will be a “profound” fall in confidence in the government’s commitment to electric motoring, according to the representative body Electric Vehicles UK (EVUK).

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Can flood of cheap new EVs coming to Europe save its carmakers?

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Analysts argue 2024 is minor blip and that lobbying for relaxation of rules could harm industry in long term

Affordable new electric family cars – particularly those that are EU-made – have been tough to come by in Europe for the past few years. There were no launches of homegrown electric models for less than €25,000 (£20,740) across the EU during 2022 and 2023, according to the campaign group Transport & Environment.

Yet in the past few months that has changed, with a rush of new cars ranging from the Fiat Grande Panda to the Citroën ë-C3, the Hyundai Inster to the latest Dacia Spring and the Renault 5. Suddenly, buyers have options.

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US business leaders set to break record on donations to Trump inaugural fund

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Donations, not restricted by campaign finance laws, come as industries seek favor with incoming administration

US business leaders are spending big on Donald Trump’s second inaugural fund, which is predicted to exceed even the record-setting $107m raised in 2017.

The donations, which are not restricted by campaign finance laws, come as industries and business leaders seek to curry favor with the incoming administration after the president-elect decisively won a second, non-consecutive term in November.

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GM to write down value of China business by more than $5bn

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Automaker is restructuring in China after losing about $350m in the region in the first three quarters of this year

General Motors told shareholders on Wednesday that it would write down the value of its China business by more than $5bn.

The company’s board of directors determined that the non-cash charges were necessary “in light of the finalization of a new business forecast and certain restructuring actions” with the joint venture, according to a company filing.

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Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits

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Company is at loggerheads with Italian government, which claims it has not invested enough in the country

The Italian prime minister, Giorgia Meloni, has said her government will try to protect jobs as political tensions mount with Fiat maker Stellantis after the abrupt resignation of its chief executive.

Meloni said she would attempt to “defend” employees in the carmaker’s Italian operations in the wake of the surprise exit of Carlos Tavares, its longstanding chief executive, who left after the company said “different views have emerged” between the executive and its board.

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China’s share of global electric car market rises to 76%

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Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs

China’s share of the global electric vehicle market reached 76% in October, the country’s automotive trade body said, reflecting strong demand for EVs in the country even as western tariffs risk hobbling exports.

Between January and October, sales of EVs reached 14.1m units, according to the China Passenger Car Association, with 69% of those sales in China. In October, China’s share surpassed three-quarters.

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Cheaper loans on table to urge UK motorists to EVs, plus cuts in fines for firms

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Business secretary Jonathan Reynolds says there is ‘no route to net zero’ that ignores concerns of businesses after wave of closures

• Jonathan Reynolds: If we delay the UK’s drive for electric vehicles, our rivals will overtake us

There is “no route to net zero” that ignores the real concerns of businesses, a cabinet minister has warned, as the government prepares to reduce financial penalties handed to carmakers not selling enough electric cars.

Ministers are also looking at how cheaper loans could be introduced to help people buy an electric vehicle (EV), after a wave of job losses and closures in which carmakers blamed the onerous fines they were facing.

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