Category : Search result: automotive exports


New UK-South Korea trade deal to bring extra £400m

The UK and South Korea have signed an upgraded trade agreement, set to inject an extra £400m annually into the British economy. The deal focuses on cars, Scottish salmon, and Guinness. Read the full details.

Ford takes $19.5bn hit, cancels electric models

Ford announces a massive $19.5bn writedown and cancels key electric vehicles, including the F-150 Lightning, pivoting to hybrids and petrol models amid shifting US policy and demand. Read the full analysis.

UK-US agree zero tariff deal on pharmaceuticals

The UK has secured a major three-year deal for zero US import tariffs on pharmaceuticals, safeguarding £5bn in annual exports and boosting life sciences investment. Read the full analysis.

Protesters block ships at Newcastle coal port

Rising Tide activists have halted three coal carriers from entering Newcastle, demanding the government cancel new fossil fuel projects and tax profits. Join the conversation.

Germany urges EU to soften 2035 petrol car ban

German Chancellor Friedrich Merz is pushing the EU to reconsider its 2035 combustion engine ban, advocating for hybrid car exemptions to protect jobs and the climate. Read the latest developments.

JLR Reports £342m Loss Following Cyber Attack

Jaguar Land Rover suffers £342m quarterly loss after major cyber attack disrupts production. Learn how the incident impacted Britain's automotive giant and their recovery plans.

Ineos cuts hundreds of jobs amid debt struggles

Sir Jim Ratcliffe's Ineos Automotive is cutting hundreds of jobs across its global operations as the company grapples with significant debt and operational challenges. Read the full analysis.

SMEs Lose Out on Trade Deals Amid Red Tape Crisis

New research reveals UK small businesses are drowning in bureaucracy, with many unable to access post-Brexit trade agreements. Discover why SMEs are paying the price for complex paperwork.

JLR Drives UK Manufacturing to 17-Month Growth High

Britain's automotive giant Jaguar Land Rover is driving a manufacturing surge, with new data revealing the sector's fastest growth in nearly 18 months. Discover how JLR's expansion is powering the UK's industrial recovery.

Volkswagen profits plunge 40% in chip crisis

German auto giant Volkswagen reports staggering 40% profit drop as semiconductor shortages cripple production, while Chinese rivals surge ahead in the electric vehicle race.

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