UK motor industry news: carmakers, EVs and charging, recalls, regulation and motorsport business
News and analysis from the Primary Ignition newsroom.
The board of Rolls-Royce has signaled its continued commitment to shareholder returns by authorizing a new share repurchase initiative. This move follows a major, multi-year corporate transformation and…
Shares in counter-drone technology firm DroneShield experienced a sharp reversal this week, erasing much of a dramatic gain triggered by a significant new contract award. Major Defense Contract…
Chinese automotive giant BYD is accelerating its European expansion at a pivotal moment, as recent sales data reveals a contraction in its core passenger vehicle business at home.…
A significant, newly-confirmed defense contract has provided fresh momentum for Electro Optic Systems Holdings. The Australian specialist in defense technology has secured a long-term revenue stream, promptly receiving…
Shares of Electro Optic Systems Holdings (EOS) surged dramatically this week, propelled by a landmark defense contract that underscores the company’s leading position in a critical new military…
Shares of Australian counter-drone specialist DroneShield surged more than 22% on Tuesday, leading the ASX300 index. The catalyst was a significant contract announcement: a $49.6 million (approximately 76…
The logistics giant UPS is confronting significant legal challenges during its crucial holiday season. New York Attorney General Letitia James has filed a lawsuit accusing the corporation of…
A significant analyst downgrade has cast a shadow over Lockheed Martin Corporation’s near-term outlook. Financial giant Morgan Stanley has shifted its stance on the defense contractor, moving its…
Recent trading activity and financial disclosures from Howmet Aerospace point to a notable surge in confidence from major institutional players. The aerospace components manufacturer has not only attracted…
Despite announcing a fresh share repurchase initiative on Tuesday, Rolls-Royce shares experienced a muted and slightly negative market response. The British engineering giant’s stock traded lower in early…
