Aspirational number - 8 September 2026

FOLLOW UP: VW COST CUTTING MEASURES CONFIRMEDThe board of the Volkswagen Group has agreed to the restructuring plans that will include closing four plants, halving the number of models offered and an additional 50,000 roles to be culled. Additionally the Seat brand is to be retired in 2030. There is also a change in tactic with their Chinese operations, where they plan to build cars and export from the country to other markets. To find out more, click this Autocar article link here.

FOLLOW UP: JLR COST CUTTING MEASURES INCLUDE JOBSCatching many by surprise, the cost-cutting measures will include around 4,000 roles going. The company hopes voluntary redundancy will do the trick. They are also leaning heavily on their suppliers to cut costs, but that is difficult for many to do. If you want to read more, click this Autocar article link here.

AUGUST 2026 NEW CAR REGISTRATION FIGURESThe SMMT has released the August 2026 new car registration figures. Astonishingly, this is the best August on their chart going back to 2010. BEVs increased their market share again, as did HEVs and PHEVs. Surprisingly, there was a jump in private registrations. Once again Mikes Hawes, SMMT’s Chief Executive, reminded the Government of how unsustainable the industry’s efforts to meet the ZEV mandate are. Click this link here, to read more.

STELLANTIS EUROPE MANAGEMENT CHANGESStellantis Europe, once again, is shuffling their senior management. This time starting with Olivier François ending his reign as the head of Fiat. He will be replaced by Arnaud Belloni who moves from the head of marketing for Renault. But Belloni will be also head up Abarth ad Lancia, as well as being the Chief Marketing Officer for Europe for Stellantis. Elsewhere, Xavier Chardon will lead DS Automobiles, as well as continue as CEO of Citroën. Xavier Peugeot will take the new role as Head of Jeep in Europe. There are many others too, which you can read all about by clicking this electrive article link here.

GEELY SHUTS A VOLVO OFFICEGeely is shutting the satellite Volvo office in Stockholm, with the loss of an unspecified number of the 450 roles under that roof. The site was a key element of Volvo’s moves in software, AI and digital customer experiences. To read more, click this Auto Igloo article link here.

HONDA AND NISSAN DO SHAKE HANDSEarlier in the year the news came out that Honda and Nissan were close to signing a partnership or even merger, however that fell apart after Honda’s valuation of their riva