Finance and corporate

Nissan badge 2022

The sale of Nissan's Russian business is expected to incur a loss of £620 million

Finance and corporate

Nissan announces total exit from Russian market

Nissan is selling manufacturing and sales assets to state with six-year buy-back agreement in place

11 October 2022

Nissan announces total exit from Russian market

range rover sport 09 front tracking 0

The order book has been fuelled by the release of the new Range Rover and Range Rover Sport

Finance and corporate

JLR order book rises to more than 205,000 cars

But Tata-owned British firm is increasing production as it pushes to reverse £524m loss

10 October 2022

JLR order book rises to more than 205,000 cars

Volkswagen ID 3 2021 front detail

An IPO for Volkswagen's battery division, Powerco, has been hinted at

Finance and corporate

VW Group brands to simulate IPOs following Porsche success

Volkswagen Group will use initial public offering ‘training sessions’ for each brand to inform strategy

4 October 2022

VW Group brands to simulate IPOs following Porsche success

aston martin valhalla front quarter static

Geely takes a stake in Aston Martin, but not exactly how it planned to

Finance and corporate

Analysis: Can Aston Martin work with new stakeholder Geely?

Previously rebuffed Geely is now an 8% stakeholder, but that doesn't mean they will work together

30 September 2022

Analysis: Can Aston Martin work with new stakeholder Geely?

Porsche 911 2022 rear with Porsche Taycan 2022

The Porsche 911 and the Taycan EV are key models in the brand's portfolio

Finance and corporate

Porsche IPO raises €19.5 billion for Volkswagen Group

Porsche flotation comprising 911 million shares at €82.50 apiece ‘a big dream come true’ for CEO Oliver Blume

30 September 2022

Porsche IPO raises €19.5 billion for Volkswagen Group

aston martin v12 vantage rear badge 0

Finance and corporate

Geely acquires 7.6% stake in Aston Martin

Chinese giant taking stake completes British firm's transformative £654 million funding round

30 September 2022

Geely acquires 7.6% stake in Aston Martin

Partnership with Umicore secures raw materials for battery cathodes ahead of EV transition

Tech, development and manufacturing

VW Powerco partners with Belgian material recycling firm

Powerco joint venture with Umicore to supply VW Group’s European battery factories with key materials from 2025

27 September 2022

VW Powerco partners with Belgian material recycling firm

Repurchase agreement consists mainly of an £801m payment

Finance and corporate

Stellantis to buy £800m of shares back from General Motors

Stellantis takes back 69.1 million common shares from 2017 Vauxhall-Opel acquisition

15 September 2022

Stellantis to buy £800m of shares back from General Motors

Aston Martin DB11 front quarter tracking

The DB11 (pictured), Vantage and DBS are all due to be revamped next year

Finance and corporate

What next for Aston Martin after crucial fundraising drive?

Share price dipped to £1.73 after rights issue yesterday, in which Saudi Arabia took a 16.7% stake in the firm

13 September 2022

What next for Aston Martin after crucial fundraising drive?

Tobias Moers L Manfred Fitzgerald R Piech Automotive lead

Tobias Moers (l) and Manfred Fitzgerald (r) will be co-chairmen of Piëch Automotive

Finance and corporate

Tobias Moers joins Piech Automotive as chief technical officer

Ex-Aston Martin CEO will run Swiss start-up alongside Manfred Fitzgerald, former head of Genesis

8 September 2022

Tobias Moers joins Piech Automotive as chief technical officer

Pages