investment

EV investment nears peak

The world’s top 20 car manufacturers spent £71.7bn on research and development (R&D) in 2019/20 as the rush towards electrification gathered pace. This is according to research carried out by […]

TruckEast unveils expansion plans

TruckEast is investing over £5m into a new purpose-built truck dealership in Suffolk. Planning has been approved for a flagship site that will see the business relocate its head office […]

Nissan planning huge Sunderland investment

Nissan is expected to confirm that it will build a huge electric car battery plant in Sunderland, creating upwards of 7,000 jobs. The proposed factory would be built on the […]

BMW engine plant revs up production

A large investment programme to develop the BMW Hams Hall engine plant near Birmingham is complete. The production of new three and four-cylinder engines is already being ramped up on […]

DriveRight expands into new markets

DriveRight, the global vehicle fitment data specialist, has secured a six-figure equity and mezzanine investment from Finance Wales to fund its ongoing expansion into new markets in Europe, Asia and […]

ECP invests in major training programme

Euro Car Parts is investing over half a million pounds in a major technical training programme that will deliver around 300 events by the end of 2015 involving 225 nationwide […]

BMW embark on S$1.3m electromobility research

BMW Group and Nanyang Technological University (NTU Singapore) launched a new electromobility research programme, involving the all-electric BMW i3 and plug-in hybrid sports car BMW i8 that runs on electricity […]

ClickMechanic secures £320,000 investment

London-based ClickMechanic, the online marketplace for car repairs, has today announced the closure of a financing round of £320,000 from angel investors led by former Just Eat CEO Klaus Nyengaard. […]

Car industry receives £1bn investment

Britain’s booming car manufacturing industry has received yet another huge boost with three major manufacturers announcing UK investments worth more than £1 billion in the past six days. Honda, Jaguar […]

JLR invests in £320m aluminium bodyshop

Jaguar Land Rover has today reaffirmed its long-term commitment to the West Midlands, with confirmation of a £600m investment in the region to support product creation and advanced vehicle manufacturing. […]