funding

Trade Vehicle Parts secures significant funding

Automotive supplier Trade Vehicle Parts has secured a seven-figure funding package from HSBC UK to source more vehicle parts from around the globe. The additional finance will enable the company […]

SMMT CEO joins Northern Auto Alliance

SMMT Industry Forum has announced that CEO Ashley Fernihough has been appointed as the newest Board member of The Northern Auto Alliance (NAA). The NAA, created in March 2004, provides […]

Porsche IPO to fund Volkswagen electric shift

Porsche is expected to be valued at around €75bn when it floats on the Frankfurt stock exchange on 29 September. Parent company Volkswagen will offer 12.5% of Porsche, or 911 […]

Local charities urged to ‘click and claim’

EDAM Group has launched a new charitable website encouraging local charities to visit and apply for up to £50,000 of charitable funds. The new ‘wheelsforgood’ website- launched this week- has […]

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Sigmatex receives vehicle lightweight funding

Sigmatex has been awarded Government Funding through the Advanced Manufacturing Supply Chain Initiative (AMSCI) for a project that aims to produce higher volumes of composites in the UK to accelerate […]

£7.6m funding for local transport

The government has today announced the winning bids for the Total Transport Pilot Fund that will allow local authorities in England to try new and better ways of delivering joined-up […]

Projects receive £80m boost

Projects that will bring fuel cells into van fleets, develop high efficiency transmissions and create the next generation of electric and hybrid buses are among the latest to receive money […]

Shortlist revealed for ULEV funding

Today, government announced details of 12 UK cities shortlisted to share £35 million of funding to promote ultra-low emission vehicles (ULEVs). Bidding to be the UK’s first ‘Go Ultra Low […]