Getty Images Car production in the UK last year fell to its lowest level since 1956, according to figures from the Society of Motor Manufacturers and Traders. The SMMT said the figures were dismal, largely thanks to a global microchip shortage and disruption caused by the coronavirus pandemic. It said there was optimism for the

Reuters Tesla sales will grow by more than 50% in 2022 compared with last year despite supply chain problems, chief executive Elon Musk has said. The electric carmaker recorded a record $5.5bn (£4bn) earnings last year. Sales at the firm rocketed 71% to $53.8bn in 2021, as it delivered more than 936,000 vehicles to customers.

General Motors said on Wednesday it would hire more than 8,000 new technical staff this year, as the U.S. automaker accelerates its development of electric vehicles and software-driven services. The automaker hired about 3,000 tech people in 2021. GM said it is expanding teams that electrify cars, develop vehicle software and autonomous technology and engineer