Tobias Moers

Aston Martin gets third CEO in three years


as Moers has stepped down from his role as CEO of Aston Martin, forcing the company to appoint its third chief executive in three years.
Audi and Porsche may announce F1 plans next week following meeting with parent company Volkswagen

Audi and Porsche enter F1 in 2026


Porsche and Audi will enter Formula 1 in 2026, the Volkswagen Group CEO, Herbert Diess has said, confirming rumours.
2022 Audi A8

Audi offers 'Semiconductor Shortage Package'


Audi has begun selling certain models in the United States with what it describes as a “Semiconductor Shortage Package”.
Lucid unveils entry-level Air model with 406 miles of range

Lucid Air due for European summer launch


The Lucid Air electric saloon will launch in Europe in June or July initially going on sale in Germany, expanding to other countries thereafter.
Autonomous bus begins testing in Scotland ahead of pilot service later in the summer

Self-driving bus begins testing in Scotland


An autonomous bus has begun testing on routes around Edinburgh this week ahead of the introduction of a pilot self-driving bus service.
Elon Musk says Tesla Cybertruck has got over 200,000 reservations

Tesla posts record $3.3bn profits


Tesla has posted record profits for the first quarter of this year, exceeding the $2.9bn high it recorded in the fourth quarter of 2021.
Healey by Caton

Coachbuilder Caton reveals Austin-Healey restomod


Caton, a new Coventry-based coachbuilding start-up has revealed images and details of its first vehicle.
Porsche is developing a synthetic e-fuel plant in Chile with Siemens

Porsche invests in synthetic e-fuels


Porsche has announced that it has acquired a 12.5% stake in HIF Global LLC, a Chilean synthetic e-fuels company.
Tesla now accepts Bitcoin as payment, Elon Musk reveals

Musk buys 9.2% stake in Twitter


Tesla boss Elon Musk has acquired a 9.2% stake in the micro-blogging platform Twitter, a move that has sent share prices in the company soaring.
US oil prices drop below zero for first time in history

Petrol prices may fall by end of year


Petrol and diesel fuel prices are expected to fall much sooner than those of home energy gas, according to new analysis by the CEBR.
CMA: UK needs ten times more electric car charging points by 2030

Government aims for 10x charging points by 2030


The Department for Transport has announced funding of £500m to further expand and develop the UK’s public EV charging infrastructure.