Lucid plans to enter European markets this year Lucid Group has said it would expand into European markets in 2022, as demand for electric vehicles soar after several countries pledged to end dependence ... Business • 05 Jan
AIB buys 50% stake in Autolease Fleet Management AIB is to acquire a 50% stake in Autolease Fleet Management, which trades as NiftiBusiness and Nifti Personal Leasing. Business • 16 Dec 21
New car registrations rise again in November - SIMI The number of new car registrations rose again in November, according to the Society of the Irish Motor Industry. Business • 01 Dec 21
EV charging start-up wins UCD award A London-based electric vehicle charging start-up has won this year's UCD Start-Up of the Year Award. Business • 01 Dec 21
Going electric - Carmakers take the carbon pledge Several automakers joined more than 30 countries in pledging to phase out sales of fossil fuel vehicles by 2040 at the COP26 climate summit in ... Business • 12 Nov 21
October new car registrations up 15% - SIMI New car registrations for October were ahead of last year for both the month and for the year to date, although new car sales continue ... Business • 01 Nov 21
SIMI slams 'shocking' move to remove grant for PHEVs The motor industry has described as "shocking" and "deplorable" a decision by the Government to remove the €2,500 grant for plug-in hybrid electric vehicles. Business • 19 Oct 21
Microfinance Ireland to lend to electric taxi buyers Taxi owners who wish to buy an electric vehicle can now apply for loans of up to €25,000 from Microfinance Ireland. Business • 09 Sep 21
Sales of electric vehicles more than doubles in July New car sales revved up in July according to statistics from the Society of the Motor Industry, with 6,483 registrations for July, compared to 21,171 ... Business • 03 Aug 21
Nissan bets big on UK with EV battery plant Nissan is betting on Britain to supercharge its European electric future, as it pledged $1.4 billion with its Chinese partner to build a giant battery ... Business • 01 Jul 21
Only VW and Volvo doing enough to electrify in Europe Among the major carmakers, Volkswagen and Volvo are doing enough to electrify their vehicle lineups in Europe and the EU needs to set tougher CO2 ... Business • 16 Jun 21
BMW confirms 2021 outlook, but sees volatility ahead BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, the German carmaker said today, having largely steered clear ... Business • 07 May 21
Car sales up in April but down compared to 2019 The number of new cars registered in April was substantially higher year-on-year, according to the Society of the Irish Motor Industry, but was lower than ... Business • 04 May 21
Electric and hybrid car sales see another strong rise New figures from the Central Statistics Office highlight the continued growth in the number of electric and hybrid vehicles licensed in Ireland. Business • 09 Apr 21
Cut to incentive scheme for some electric, hybrid cars The Department of Transport is to cut the grants available to some electric cars - capping the price of vehicles that qualify, and reducing the ... Business • 24 Aug 21
Citing tailwind, Volkswagen targets profit recovery Volkswagen is confident that cost cuts will help it raise profit margins in the coming years, the world's second-largest carmaker said today, a day after ... Business • 16 Mar 21
New car sales slow down by 12% in February - CSO New figures from the Central Statistics Office show that the number of new private cars licensed in February fell by 12% compared to the same ... Business • 08 Mar 21
Ford's Europe car lineup to be all-electric by 2030 Ford said today that its car lineup in Europe will be all-electric by 2030, as the US car maker races to get ahead of CO2 ... Business • 17 Feb 21
Electric vehicle sales surge in EU amid Covid slump Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather ... Business • 04 Feb 21
Tesla underwhelms Wall St with hazy 2021 outlook Tesla's fourth quarter profit fell short of Wall Street expectations last night and the company failed to provide a clear target for 2021 vehicle deliveries, ... Business • 28 Jan 21
Nissan says to source more UK batteries Nissan will source more batteries from Britain to avoid tariffs on electric cars after the UK's trade deal with the EU, which a senior executive ... Business • 22 Jan 21
New car sales slow down by 25.6% in 2020 - CSO The latest Central Statistics Office figures show that new car sales fell by 25.6% in 2020 compared with the previous year due to the very ... Business • 12 Jan 21
New car sales slow down by 12.4% in November - CSO The number of new cars licensed for the first time in November fell by 12.4% compared to the same time last year, new figures from ... Business • 09 Dec 20
Tesla posts fifth quarterly profit in a row Tesla last night reported its fifth consecutive quarterly profit on record revenue of $8.8 billion, boosted by an uptick in vehicle deliveries and sales of ... Business • 22 Oct 20
New car sales accelerate by 40% in September - CSO New figures from the Central Statistics Office show that the number of new cars licensed for the first time in September jumped by 40% to ... Business • 09 Oct 20
