Business 301
Long-haul fleets turn to a 30-pound trailer aid to cut diesel costs
In this issue
Business
301 pieces in the archive
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Cadillac Marks 125 Years With £239,000 Escalade-V Collector Series
Cadillac has unveiled a limited-edition Escalade-V Collector Series priced at $239,000 to celebrate its 125th anniversary, offering exclusive carbon-fibre trim, bespoke wheels and blue interior accents …
· 4 min
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Ferrari Luce EV to start at $560,800 in the US
Ferrari has confirmed that its first electric model, the Luce, will carry a US starting price of $560,800, roughly $80,000 below earlier expectations, with American deliveries …
· 4 min
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Volkswagen Backed Electric Bugatti Before Rimac Pushed for V16
Bugatti's former owner Volkswagen wanted an all-electric successor to the Chiron, but Mate Rimac argued for a V16 hybrid powertrain instead, shaping the Tourbillon.
· 3 min
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UK banks brace for rise in bad loans as household savings run dry
Britain's biggest lenders are expected to set aside £4bn for loan losses in 2027, but analysts warn provisions may fall short as households exhaust savings and …
· 4 min
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Tesla Energy Revenue Falls 16% After Tariff Refunds
Tesla's energy generation and storage revenue dropped 16% year on year to $2.88 billion in the third quarter of 2026, despite a 10% rise in battery …
· 4 min
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Tesla Blames Battery Supply for Flat Sales as Prices Keep Falling
Tesla has told shareholders that battery availability, not weak demand, is limiting its car sales, claiming its largest order backlog in four years. But the same …
· 4 min
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Geely's compact EV hits one million sales in two years
Geely has produced its millionth unit of the compact electric hatchback sold in Europe as the E2 and EX2, with the model becoming China's best-selling new …
· 3 min
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Alpine Puts Brand Integrity Before Sales as A390 Falls Short
Renault Group boss François Provost says he is relaxed about slow sales of the Alpine A390, arguing the electric SUV's long-term role in nurturing the brand …
· 4 min
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Subaru to End Petrol and Diesel Sales in Europe by 2027
Subaru will phase out combustion-engine vehicles across Europe by the end of 2027, becoming an electric-only brand in the region as it responds to tightening emissions …
· 4 min
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Li Auto Confirms UK Launch for Autumn 2027
Chinese premium electric vehicle brand Li Auto will enter the British market next autumn with a new model, as it begins its European expansion with the …
· 4 min
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Used luxury EVs depreciate faster than petrol and diesel rivals, fleets warned
Valuation specialist Brego finds used luxury electric cars from Mercedes-Benz, Porsche, Volvo and Genesis retain less value than their combustion-engine equivalents, with the gap widening over …
· 5 min
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Bentley Continental GTC Speed First Edition with £50k of options heads to auction
A 2025 Bentley Continental GTC Speed First Edition, ordered with more than $63,000 in factory options and showing just 1,500 miles, is being offered for sale …
· 3 min
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Volkswagen Opens Orders for Entry-Level ID. Cross at About £24,000
Volkswagen has begun taking orders for the entry-level ID. Cross, a 37 kWh version priced at about $31,000 (€27,995), as the brand pushes a cheaper electric …
· 4 min
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Foxconn buys half of Mitsubishi Electric's car parts unit for $727m
Foxconn is acquiring a 50 per cent stake in Mitsubishi Electric Mobility for ¥115 billion, its largest move yet into the automotive supply chain as it …
· 4 min
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Musk Plans to Give Every US Child a Share in SpaceX
Elon Musk intends to distribute shares in SpaceX to every child in the United States next year, a gift that would carry significant financial value.
· 4 min
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Looting Hits French Luxury Stores as Paris Protests Escalate
Looters have targeted French storefronts including Lacoste, Galeries Lafayette, Louis Vuitton, Dior and Celine as protests in Paris intensify, with the government and law enforcement still …
· 5 min
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Porsche rules out electric supercar citing lack of demand
Porsche has said it will not build a fully electric supercar because customers are not asking for one, and its next mid-engined flagship will use combustion …
· 4 min
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VinFast-Backed Green SM Launches 500-Car Electric Ride-Hailing Fleet in Los Angeles
Green SM has deployed 500 VinFast VF 8 electric vehicles in Los Angeles, offering a ride-hailing service built on company-owned cars and full-time drivers rather than …
· 4 min
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Fiat Ready to Reveal Koala Electric Car as Panda-Inspired 2CV Twin
Fiat has trademarked the Koala name for a new entry-level electric car that will share Stellantis's small EV platform with the reborn Citroën 2CV, as the …
· 4 min
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Jeep Weighs Willys Revival to Counter Chinese Rivals in Europe
Jeep is considering bringing back its historic Willys model as an affordable compact electric SUV, with a decision expected by 2030 as part of a wider …
· 4 min
