UK motor industry news: carmakers, EVs and charging, recalls, regulation and motorsport business
News and analysis from the Primary Ignition newsroom.
The industrial giant Siemens continues to produce record operational results and has secured major strategic AI contracts from the U.S. government. However, the capital market’s reaction has been…
Siemens finds itself at a fascinating crossroads. While the industrial conglomerate reports record-breaking operational metrics and advances ambitious artificial intelligence initiatives, its share price tells a story of…
The luxury automaker once celebrated for its industry-leading margins has seen its financial dominance erode dramatically within a single fiscal year. Figures presented at Porsche AG’s annual press…
Europe’s leading automaker is confronting its most severe profitability challenge since the diesel emissions scandal. A dramatic decline in earnings for the recently concluded fiscal year has prompted…
Bolstered by its strongest financial performance in recent memory, Rolls-Royce is channeling its resources into a dual-front expansion strategy. The British engineering leader is simultaneously advancing its position…
Investors sent Daimler Truck shares climbing more than 5% following the release of its annual results, a positive market reaction that stood in stark contrast to the reported…
The potential collapse of a critical deal is casting a shadow over Thyssenkrupp’s extensive corporate overhaul. The German industrial group’s planned sale of its struggling steel division to…
The ongoing pilot strike at Lufthansa has entered its second day, forcing the airline group to grapple with continued significant flight cancellations. While management aims to operate at…
In a stark demonstration of divergent fortunes within the printing press industry, Heidelberger Druckmaschinen has secured a significant new order from Asia. This development arrives just as its…
A pair of new defense contracts valued at a combined $45 million have provided a significant boost to Electro Optic Systems Holdings. The company’s share price advanced sharply,…
