Episode Details

FOLLOW UP: MORE APPEAL AGAINST FCA RULING

Following the deadline passing for appealing against the Financial Conduct Authority’s (FCA) plans for compensation following the car finance industry breaking the law, there are now three lenders fighting back. Mercedes-Benz Financial Services join VW Financial Servcices and CA Auto Finance. The companies have declined to clarify to the public why they have made the move. To find out more, click this link from MoneySavingExpert.

TOYOTA SUPPLIERS HIT BY IRAN CRISIS

Toyota has announced that their suppliers have already begun to state they are feeling the effect of the Iran crisis with warnings that parts will not be delivered at the time expected. Toyota and their suppliers have already downgraded their expectations on 2026 production numbers. Click this CBT News article link here for more.

LAMBORGHINI GETS A NEW CTO

Fermín Soneira is leaving heading up of AUDI, the Chinese only off-shoot of Audi, to take up the role as Chief Technology Officer for Lamborghini. Fred Schulze will replace Soneira. For more on this story, click the electrive article link here.

EV CHARGING GRID VULNERABILITY DEMONSTRATED

At BlackHat Asia, a large cybersecurity and research conference, the vulnerable nature of EV charging networks and shared e-bikes was demonstrated. Companies are being accused of putting customer convenience ahead of security. One possible scenario is the ability to remotely disable an entire city’s EV charging network. You can learn more by clicking this link, from The Register, here.

MG TO BUILD CARS IN SPAIN

MG has chosen Spain as the location for their European car factory, over Hungary. By doing this they should avoid any tariffs or agreed minimum price requirements that are to apply with cars coming to Europe from China. Click this EVPowered article link here, to read more.

HONGQI IN TALKS WITH STELLANTIS ABOUT SPANISH FACTORY

The Chinese car maker, Hongqi, is in discussions with Stellantis about using capacity at their Spanish factory to build their cars in Europe, also taking advantage of avoiding extra financial penalties. Both parties are tight lipped on the matter. If you wish to find out more, click this Carscoops article link here.

AUDI RECALLING 96,000 CARS WORLDWIDE

Audi is recalling 96,180 e-tron quattros and Q8 e-trons, due to a potential brake issue. The fault is a lose screw that may prevent full braking ability in cars built from the 2 February 2018 until 11 June 2024. To read more, click this electrive article link here.

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NEW NEW CAR NEWS -

Freelander 8

JRL and Chery have revealed their first concept from their joint-venture for the Freelander brand. Unsurprisingly, this is an electric SUV with a hint or two of the origina