Automotive News – Early February 2026
Estimated reading time 2 minutes
New car market starts year with growth but EV share falls.
- New car market rises 3.4% in January to 144,127 units.
- Battery electric car volumes rise slightly but lose share compared with last year.
- New outlook anticipates market to grow 1.4% in 2026, with EV share expected to rise to 28.5%.
Sourced from SMMT
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Van market dips in January as EV targets get steeper.
- New light commercial vehicle market falls -7.8% in January with 17,562 registrations.
- Decline driven by slump in pickup demand after fiscal change impacts double cab segment.
- BEV demand rises to 10.4% share but significantly behind 24% target for 2026.
Sourced from SMMT
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Cyber-attack hammers JLR Q3 financials, but car maker to roar back with strong Q4.
Luxury car maker, Jaguar Land Rover (JLR), revealed the ongoing fall-out of its damaging cyber-attack last year when it announced sharp declines in its revenues and profits for the third quarter period to December 31, 2025, today (February 5).
JLR employs around 34,000 staff in the UK and operates manufacturing sites at Halewood on Merseyside and Solihull and Castle Bromwich in the West Midlands.
But production shuddered to a standstill on August 31, 2025, when the cyber incident occurred, resulting in five weeks’ loss of car production.
Sourced from The Business Desk
