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Ford recalls 1.9 million vehicles over rear-view camera

Ford is recalling 1.9 million vehicles worldwide due to faulty rear-view cameras, the latest in a series of callbacks over the issue, the automaker said today.

Business • 09 Sep

Donald Trump has long railed against what he calls the unfair treatment of US automotive exports in foreign markets.

Trump says to introduce 25% tariffs on cars, pharma

US President Donald Trump has said he intends to impose auto tariffs "in the neighbourhood of 25%" and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade.

Business • 19 Feb

Blue River Technology's Willy Pell at CES 2025

Who's winning the CES autonomy race? Not cars

This week's CES in Las Vegas unveils major new autonomous transport products for farms, boating and construction sites, highlighting a yawning gap with cars, where scalable driverless technology is further away.

Business • 07 Jan

Stellantis, which was created in 2021 from the merger of Fiat Chrysler and France's PSA-Peugeot, last year manufactured 475,090 vehicles in Italy, down from 751,384 in 2023

Stellantis Italy output slows by 37% in 2024

Vehicle production by car maker Stellantis in Italy fell by 37% last year, hit in particular by a steep plunge in car manufacturing, union figures showed today.

Business • 03 Jan

Toyota was the most popular make of new private car licensed in October, today's CSO figures show

New EVs licensed in first 10 months of 2024 down 25%

New figures from the Central Statistics Office show a 25% decrease in the number of electric cars licensed for the first time in the first 10 months of 2024 when compared with the same time last year.

Business • 11 Nov 24

Volvo has cut its full-year sales growth forecast as an industry slowdown spreads to higher-end cars

Volvo tops forecast but cuts outlook on market slowdown

Sweden-based Volvo Cars has beaten third-quarter operating profit expectations but cut its full-year sales growth forecast as an industry slowdown spreads to higher-end cars.

Business • 23 Oct 24

Stellantis issues profit warning, cites global markets

Stellantis has today slashed its annual forecasts and said it would burn through more cash than expected, citing worsening trends in the industry, higher costs to overhaul its US business and Chinese competition on electric vehicles.

Business • 30 Sep 24

Stellantis misses forecasts with H1 drop in revenues

Stellantis has today pledged to take steps to address problems in North American and elsewhere, including cutting output and prices, after the world's fourth biggest carmaker delivered worse-than-expected first-half results.

Business • 25 Jul 24

Almost half of the men surveyed (49%) change their car every five years or less

Men change their cars more frequently - Aviva Insurance

Motorists in Ireland are most likely to upgrade their cars every 3 to 5 years according to a new consumer survey from Aviva Insurance Ireland.

Business • 12 Jul 24

Overall, 70% said they would be more likely to get rid of their car if public transport was better

Fifth of motorists planning to get rid of car - survey

One in every five car owners are planning to get rid of their car over the coming years, new research has found.

Business • 11 Mar 24

Toyota shares closed 4.8% higher in Tokyo trade today - the biggest one-day gain in nearly eight months

Toyota ups annual profit forecast after Q3 beats forecast

Japan's Toyota Motor has today raised its full-year operating profit forecast by nearly 9%, after its third-quarter earnings raced past analysts' estimates thanks to a weaker yen and strong sales of high-margin cars and hybrid vehicles.

Business • 06 Feb 24

China's BYD recently became the world's biggest producer of electric vehicles - surpassing Tesla for the first time

China's Cars: Irish drivers turning to Chinese brands

Chinese car brands are making a move into Europe, with a wave of new brands (and some old ones) taking on the continent's incumbents, writes Adam Maguire.

Business • 10 Jan 24

Gavin White, CEO of Autotech, Brian Cooke, Director General of SIMI and Simon Benson, COO of the Automobile Association at the launch of the new AA Academy

AA Ireland launches academy to tackle mechanic shortage

AA Ireland has opened a new training facility in Dublin to help address the shortage of mechanics in the country.

Business • 04 May 23

Number of new cars licensed in November up 9% - CSO

The number of new cars licensed in November rose by 9% compared with the same time last year, the latest Central Statistics Office figures show.

Business • 09 Dec 22

An ongoing shortage of semiconductors and the rising cost of other inputs weighed on Toyota's results

Toyota posts worse-than-expected drop in profits

Toyota Motors has posted a worse-than-expected 25% drop in quarterly profit and cut its annual output target, as the Japanese firm battles surging material costs and a persistent semiconductor shortage.

Business • 01 Nov 22

Used car asking prices have on average risen 5.9% every quarter over the two years of the pandemic

Used car asking prices now 64% above pre-pandemic level

Asking prices for used cars rose 29% in the year to the end of June, new research from DoneDeal has found.

Business • 21 Jul 22

Volvo's quarterly operating profit rose to 10.8 billion Swedish crowns

Volvo warns of potential drop in sales this year

Volvo Cars flagged a potential dip in retail sales this year after posting higher second-quarter profits.

Business • 20 Jul 22

GoCar said it has over 900 cars available to rent by the hour

GoCar invests €1m in national expansion

Car sharing service GoCar is investing over €1m in the expansion of its car fleet across new locations around the country this year.

Business • 30 Jun 22

Computer chips are in short supply, which is making it harder for manufacturers to churn out vehicles with the kind of modern features drivers expect

Price shock: Why car prices are being driven higher

Cars are getting more expensive - largely because the parts required to make them are in short supply, which is slowing down the delivery of new vehicles.

Business • 09 Jun 22

Apple CEO Tim Cook at the company's annual developer conference

Apple dives deeper into cars with dashboard software

Apple said it plans to more deeply integrate its software into the core driving systems of cars, while the iPhone maker rolled out a slew of features for payments and business collaboration and a pair of new laptops.

Business • 07 Jun 22

The number of bus journeys in Dublin for week starting April 24 was 79% of the level in early March 2020, new CSO figures show

Public transport journeys at highest level since 2020

New figures from the Central Statistics Office show that public transport passenger journeys in May climbed to their highest levels since March 2020 but have still not returned to pre-Covid-19 levels.

Business • 13 May 22

Newly appointed General Manager Jacinta Kilduff t the official opening of the €10m Windsor MotorMall Galway at Monivea Road in Galway city

Windsor expands with new €10m motor mall in Galway

Car dealer Windsor is opening a new motor mall in Galway after investing over €10m in the development of an extensive new facility at Monivea Road which will bring multiple car brands together under one roof.

Business • 25 Apr 22

In the past year used car asking price inflation has averaged at 2.1% per month

Used car asking prices now 30% higher than a year ago

The ongoing supply pinch in the used car market is continuing to force prices higher, with asking prices for pre-owned cars climbing 7.9% in the first three months of this year compared to the same period in 2021

Business • 31 Mar 22

The Volkswagen Group has a production site in Kaluga as well as sales units and financing companies in Russia

Volkswagen warns of more supply chain troubles in 2022

Volkswagen sold 2 million fewer cars than planned last year due to the semiconductor shortage, it said today, warning that ongoing supply bottlenecks, high commodity prices and the Russia-Ukraine conflict could hit growth in 2022.

Business • 15 Mar 22

New car supply chain problems coupled with Brexit are driving the price increases for used cars

Used car asking prices now 56% higher than pre-Covid

The rate at which the price of used cars is increasing has reached a new high, driven by the supply shortages caused by the Covid-19 pandemic and Brexit.

Business • 13 Jan 22