Cosworth V12 engine for GMA

Cosworth pauses planned IPO


Engineering firm Cosworth has halted plans for a £100 million stock market listing in light of the global semiconductor shortage.
Budget 2021 rules for cars and drivers

Budget 2021: What’s in it for motorists?


Chancellor Rishi Sunak today unveiled his 2021 budget and there’s not a lot in it to specifically concern motorists, thankfully.
Sunday Times Driving picks the 10 best electric cars

Tesla now valued over $1 trillion


Tesla’s market value has exceeded the $1 trillion (£723.6 billion) mark following an order from car rental firm Hertz for 100,000 vehicles.
Experts worry of inflated petrol prices over lockdown

Petrol is at its most costly in almost a decade


The average price of petrol has hit a record high of 142.94p per litre, breaking the previous record which has stood since April 2012.
Petrol stations in UK warn of fuel supply issues as lorry driver shortage bites

Petrol shortage: Fuel sales fall


The petrol shortage crisis appears to be over with fuel sales fallen by two thirds and filling station tank levels returned to normal levels.
A Pod Point home charger

Pod Point prepares for IPO


Pod Point, Britain’s largest provider of electric vehicle home charging kits, is preparing for a stock market flotation.
Ford to invest £230m in Halewood plant

Ford to invest £230 million in Halewood


Ford is to invest £230 million into its Halewood plant as part of a plan to manufacture electric vehicle (EV) power units on the Merseyside site.
2021 Porsche Taycan

Electric Porsche Taycan outsells 911


The electric Porsche Taycan has outsold Porsche’s flagship petrol-powered 911 sports car so far this year, according to new figures.
Transport Secretary applies for £50 million lorry parks upgrade to tempt HGV drivers back

£50 million for lorry park upgrades


The Transport Secretary, Grant Shapps, has applied for £50 million in funding from the Treasury to upgrade lorry parks.
Geneva Motor Show

2022 Geneva motor show cancelled


The 2022 Geneva international motor show, which had been scheduled for February, has been cancelled due to Covid and semiconductor supply issues.
Ocado

Autonomous Ocado delivery trials to begin


Wayve has received a £10 million investment from online grocer Ocado to collaborate on a trial involving autonomous delivery vehicles.
Tesla Model 3 Long Range

Tesla Model 3 is best-seller


The Tesla Model 3 was the UK’s best-selling car in September, according to figures released by the SMMT.