View Exterior Photos of the 2026 Aston Martin Vanquish Volante
Aston Martin's grandest grand tourer, the Vanquish, debuted in coupe form last year and is now also available as a convertible, the Volante.
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2 hours ago
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13 car models added to list that qualify for new £1500 discount
Motorists across the country can now enjoy savings of £1,500 on some of the UK's most sought-after car brands as Nissan, Renault and Vauxhall models join Citroën in the Government's flagship Electric Car Grant (ECG) scheme. An additional thirteen Electric Vehicles (EVs) have been deemed eligible for the scheme, bringing this week's total to seventeen newly included models. This enhancement is part of the Government's £650 million initiative aimed at making EV ownership more affordable and straightforward, putting money back into the pockets of hardworking individuals, while also bolstering jobs and growth under the Plan for Change. In a bid to accelerate the transition to EVs, the Government is investing a whopping £4.5 billion, solidifying the UK's standing as a global frontrunner in EV adoption. For our free daily briefing on the biggest issues facing the nation, sign up to the Wales Matters newsletter here. READ MORE: Will strikes disrupt Ryanair flights to Alicante, Ibiza, Mallorca and Tenerife? READ MORE: Woman banned from driving after travelling at 46mph on the M4 With Britain projected to be Europe's largest EV market by 2024 and sales already up nearly a third this year, the future of motoring in the UK looks increasingly electric. Customers will see the discounts applied automatically at the point of sale, with no paperwork necessary. The scheme is capped at vehicles costing up to £37,000, aiming to support the most affordable options. The new eligible models announced on Saturday, August 9, are: Renault Alpine A290 = £1,500 discount Renault Megane = £1,500 discount Renault 4 = £1,500 discount Renault 5 = £1,500 discount Renault Scenic = £1,500 discount Nissan Micra = £1,500 discount Nissan Ariya = £1,500 discount Vauxhall Corsa Electric = £1,500 discount Vauxhall Combo Life Electric = £1,500 discount Vauxhall Astra Electric = £1,500 discount Vauxhall Mokka Electric = £1,500 discount Vauxhall Frontera Electric = £1,500 discount Vauxhall Grandland Electric = £1,500 discount These join the following Citroën models announced as eligible for the grant earlier this week: Citroën ë-C3 = £1,500 discount Citroën e-C4 = £1,500 discount Citroën ë-C5 = £1,500 discount Citroën ë-Berlingo = £1,500 discount Transport Secretary Heidi Alexander said: "With discounts on seventeen car models announced this week alone, we're delivering on our promise to make it easier and cheaper for families to go electric. "This is about backing drivers, putting money back into people's pockets and creating the jobs and growth that will drive Britain forward, delivering on our Plan for Change." In the coming weeks, as manufacturers' applications are evaluated against the scheme's sustainability standards, more models are expected to be approved. The ECG forms part of a hefty £4.5 billion investment from the Government to accelerate the adoption of electric vehicles, simultaneously stimulating industry and fostering growth as part of the Plan for Change. Given that high upfront costs are often a deterrent to purchasing EVs, these discounts aim to reduce the price of models so they align more closely with their petrol and diesel equivalents. With over 82,000 public charging points currently available – equating to one new addition every half an hour – and more than 100,000 planned for the near future, the Government is constructing the infrastructure drivers require to confidently make the switch. Moreover, to facilitate the transition to electric vehicles, the latest £63 million charging package includes funding to simplify home charging for motorists and enable them to run their EVs for as little as 2p per mile. RAC head of policy Simon Williams said: 'Another wave of cars qualifying for the Government's revamped Electric Car Grant is yet more welcome news. It's also very positive to see other manufacturers that don't meet the grant's green production targets lowering their prices. "Those looking to make the switch now have a wider choice of better value vehicles than ever before. This can only help speed up the transition to electric motoring." In collaboration with the industry, the Department for Transport is swiftly making these discounts available to drivers, providing guidance to facilitate manufacturers' applications. This initiative coincides with the Zero Emission Vehicle (ZEV) Mandate, obliging manufacturers to progressively sell a higher percentage of zero-emission vehicles each year. Recent amendments to the mandate offer the industry the certainty and stability it has been seeking, while vital trade agreements with the US, India, and the European Union bolster the UK's automotive sector and safeguard jobs. John Veichmanis, CEO at Carwow Group: "The confirmation that more affordable, practical EVs have been approved for the Electric Car Grant is exactly what the market needs. "Data from Carwow's platform shows that buyers are ready to act; demand for EVs under £37,000 jumped 124% in the week following the scheme's announcement. Interest in already-approved models has surged, and we expect these newly added vehicles to draw immediate attention. 'Car-buying decisions don't happen overnight, they often take months, so early clarity on eligible models is crucial. By lowering upfront costs, the grant plays a pivotal role in turning EV curiosity into commitment.'
Yahoo
2 hours ago
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Biker hospitalised after M6 crash sparks major delays
A motorcyclist has been taken to hospital - after a terrifying collision with a van on the M6 earlier this afternoon (August 6). Paramedics rushed to the scene after nearby motorists raised the alarm at 1.10pm. The crash - on the M6 junction 14 South in Creswell, Stafford - left two out of four lanes closed, causing significant congestion. National Highways stated that motorists suffered 45-minute delays, as queues stretched back as far as junction 15. Traffic was also brought to a standstill on the A500 in the Potteries as a result. One ambulance was dispatched to the scene where paramedics attended to the biker's injuries. Fortunately, they were 'not believed to be serious'. A West Midlands Ambulance Service spokesperson said: 'We were called at 1.10pm to a road traffic collision involving a motorbike and van on the M6 junction 14 South in Creswell in Stafford. One ambulance attended the scene. "Upon arrival we found a man who was the motorcyclist. He was assessed and had sustained injuries not believed to be serious. He received treatment at the scene before being conveyed to Royal Stoke University Hospital for further assessment." Get daily headlines and breaking news emailed to you - it's FREE
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4 hours ago
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Tata Motors Ltd (BOM:500570) Q1 2026 Earnings Call Highlights: Navigating Tariffs and Market ...
Profit Before Tax (PBT): Decreased from 693 million GBP in Q1 last year to 351 million GBP. Volume: Sold 87,000 units, paid component sets on about 99,000 units. Cash Loss: 758 million GBP, with approximately 200 million GBP from US tariff cash hit. Investment Levels: Consistent, at the lower end of the range of 850 million to 1 billion GBP per quarter. Market Share: Improved by 50 basis points to 36.1%. Revenue: 470 basis points lower year-over-year. EBITDA Margin: Improved to 9.7%. Return on Capital Employed (ROCE): 39.6%. Electric Mobility: Delivered 43 buses, down from 750 buses in the same quarter last year. Digital Business: Over 825,000 active vehicles, with 80% monthly active users. Channel Inventory: Industry channel stock grew by 5 to 7 days in Q1. Market Share in EVs: Increased to 40% in July. Warning! GuruFocus has detected 4 Warning Signs with PAR. Release Date: August 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Tata Motors Ltd (BOM:500570) reported a solid performance in Europe and China, with both regions showing year-over-year growth. The company successfully managed to offset some tariff costs in the US by resetting federal cafe penalties to zero, releasing balance sheet reserves. Tata Motors Ltd (BOM:500570) maintained a healthy market share in the commercial vehicle segment, with a 50 basis point improvement over the last quarter. The company launched new products like Ace Pro and Ace Pro EV, which have been well-received in the market, indicating potential for increased market presence. Tata Motors Ltd (BOM:500570) is on track to deliver its guidance of 5 to 7% growth for the year, with a focus on building brand strength and executing a significant transformation program. Negative Points The company faced a significant impact from US tariffs, resulting in a cash loss of 758 million pounds, with a substantial portion attributed to tariff payments. Tata Motors Ltd (BOM:500570) experienced a challenging quarter with a loss in volumes and a consequential impact on profitability, particularly in the 10 lakhs segment. The luxury tax changes in China have negatively impacted Range Rover sales, adding an additional 10% tax in a market with restricted retailer finance. The demand for Battery Electric Vehicles (BEVs) is not meeting projections outside of China, leading to reliance on flexible architecture for longer. The company is facing challenges with rare earth inventory for EV production, necessitating alternative sourcing strategies to mitigate potential disruptions. Q & A Highlights Q: How are US tariffs affecting Tata Motors, and what measures are being taken to mitigate these impacts? A: Richard Molyneux, CFO of Jaguar Land Rover, explained that the US tariffs have been set at 27.5% for cars exported from the UK and Europe. There is a possibility of a reduction to 10% for the UK, backdated to May 8, but this has not yet been enacted. To mitigate the impact, Tata Motors has reduced sales allowances and increased prices slightly on certain models. Additionally, the company has released balance sheet reserves due to changes in federal emissions compliance. Q: What is the status of Tata Motors' electric vehicle (EV) production and the challenges related to rare earth materials? A: Shailesh Chandra, Managing Director of TMPVL and TPEML, stated that Tata Motors is on track with its EV production plans, including the Sierra launch in H2. The company has secured rare earth materials for the next 2-3 months and is exploring alternative sourcing beyond China to mitigate risks. Q: How is Tata Motors addressing the challenges in the commercial vehicle (CV) segment, particularly regarding utilization and sentiment? A: Girish Wagh, Executive Director, noted that while utilization levels remain healthy, early monsoons and delayed government payments have impacted volumes. The company is aligning offtake with retail demand and expects improvement as monsoon effects normalize. Q: What are the expectations for Tata Motors' passenger vehicle (PV) segment growth and market share? A: Shailesh Chandra highlighted that despite a challenging environment, Tata Motors is focusing on maintaining channel health and launching new models like the Harrier and Safari to drive growth. The company expects a recovery in demand, supported by festive seasons and new product launches. Q: How is Tata Motors managing the impact of tariffs and emissions compliance on its financials? A: Richard Molyneux explained that the company has accounted for tariffs in its cost of sales and is working with governments to potentially reduce tariff rates. Emissions compliance changes have resulted in a positive impact on the balance sheet, with a release of reserves due to changes in federal regulations. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
