investment

Chorley MG commits to further expansion

Lancashire-based Chorley MG is expanding its relationship with MG following a year of successful growth. It delivered over 650 new cars for the brand in 2021 and based on that […]

DTC accelerates growth strategy

Southampton-based Direct Tool Company (DTC) has announced significant investment in both personnel and site facilities to support further growth. The investment is part of an ongoing growth strategy that also […]

Nissan doubles down on Sunderland investment

Nissan has confirmed it is hiring another 400 people at its Sunderland plant as it ramps up production of its Qashqai, Juke and Leaf models. This comes after the announcement […]

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 […]