Category : Manufacturing


Stellantis May Axe Six Car Brands After EV Loss

Stellantis, the global automotive giant, is under pressure to streamline its brand portfolio following a massive $26.5 billion electric vehicle write-down. Industry experts warn that six brands could be discontinued or sold.

New Factory for Top Gear Record Electric Car

McMurtry Automotive will manufacture its Spéirling PURE electric racing car, which smashed the Top Gear track record, at a new facility in Wotton-under-Edge, Gloucestershire.

Versarien Delists from AIM After Administration

Longhope-based engineering company Versarien, which specialised in graphene production for multiple sectors, has been cancelled from the AIM market following its collapse into administration last month.

JLR Reports £310m Loss After Cyber Attack Costs

Jaguar Land Rover reports a £310 million pre-tax loss for Q3, with £64 million attributed to a major cyber attack that halted production for five weeks. The UK's largest car maker remains optimistic about recovery.

Mersey Maritime Sector Hits £5.6bn Turnover

The Mersey maritime sector has reported a robust £5.6bn turnover, supporting 50,000 jobs, with growth driven by renewables and logistics, as per the latest industry report.

Typhoon Radar Upgrade Secures Hundreds of UK Jobs

Defence Secretary John Healey announces a £453 million investment to equip RAF Typhoon jets with advanced radar systems, safeguarding over 500 specialist positions across Edinburgh, Lancashire, and Luton.

EV Battery Factory Closes, Cutting 75 Jobs

Swedish battery start-up NOVO Energy, owned by Volvo Cars, ceases operations, resulting in 75 redundancies. The closure follows the abrupt shutdown of US EV maker Bollinger Motors.

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