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#automotive industry

2 articles tagged

Ford Europe chief signals electric Fiesta revival by 2026
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Ford Europe chief signals electric Fiesta revival by 2026

Ford of Europe President Stuart Rowley confirms plans to revive the iconic Fiesta nameplate as an all-electric compact car, with production slated for 2026. The move signals a strategic pivot toward affordable electric mobility amid declining hatchback sales.

May 18, 2026
Honda posts first annual loss in seven decades amid EV push
News

Honda posts first annual loss in seven decades amid EV push

The Japanese automaker has recorded its first annual loss since 1955, with profits slumping 96% to £160 million. Weak demand for electric vehicles and soaring R&D costs are to blame.

May 14, 2026