Finance and corporate

Seat and Cupra post record sales but tariffs and investments decimate profits

Spanish siblings sold 657k cars but claimed a margin of just €1m in light of huge trade costs and capex

12 March 2026
Seat and Cupra post record sales but tariffs and investments decimate profits
Finance and corporate

Porsche plots new flagships in turnaround plan after margins collapse

New 'high-end' sports cars and SUVs on the cards as Porsche fights to rebuild margin from 2025's 1.1%

11 March 2026
Porsche plots new flagships in turnaround plan after margins collapse
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Launch of new entry EV family in 2026 will be pivotal to VW Group's recovery plan
Finance and corporate

VW Group to slash costs after profits dive in tumultuous 2025

Company plans 50,000 job cuts as tariffs and restructuring costs send operating margins to pandemic levels

10 March 2026
VW Group to slash costs after profits dive in tumultuous 2025
aston martin valhalla prototype 2025 jh 26
£850k Valhalla supercar is expected to contribute to improved profits in 2026
Finance and corporate

Aston Martin to cut staff costs by 20% as tariffs dent profits

Aston details significant restructuring programme in response to 36% drop in profit last year

25 February 2026
Aston Martin to cut staff costs by 20% as tariffs dent profits
Screenshot 2026 02 23 at 08.01.53
New Audi tech boss Mohr has been at Lamborghini for three years
Finance and corporate

Lamborghini technology boss heads to Audi to lead R&D

Rouven Mohr replaces Geoffrey Bouquot following a three-year stint in Sant'Agata

23 February 2026
Lamborghini technology boss heads to Audi to lead R&D
Weckbach and Mission e
Weckbach led development of the Porsche Taycan in a previous role
Finance and corporate

Mercedes-AMG names ex-Porsche Taycan head as new CEO

Stefan Weckbach takes over from Michael Scheibe at AMG, having led the roll-out of Porsche's EVs

8 December 2025
Mercedes-AMG names ex-Porsche Taycan head as new CEO
Finance and corporate

Ford names new European boss as it eyes more region-focused cars

Jim Baumbick named Ford of Europe's first president in three years; remit is to build more Europe-focused cars

10 October 2025
Ford names new European boss as it eyes more region-focused cars
Finance and corporate

Ford expects US trade tariffs to cost it £1.5bn this year

Manufacturer eyes increased regionalisation as cost of importing parts and materials into US mounts

31 July 2025
Ford expects US trade tariffs to cost it £1.5bn this year
Finance and corporate

Inside Alpine's 20-year plan to become a proper Porsche rival

Renault-owned French brand is betting big on its potential to become a credible premium player

5 June 2025
Inside Alpine's 20-year plan to become a proper Porsche rival
Finance and corporate

Ex-Jeep boss Antonio Filosa named new Stellantis CEO

Stellantis ends six-month process to select a replacement for Carlos Tavares

28 May 2025
Ex-Jeep boss Antonio Filosa named new Stellantis CEO

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