Corporate

Lamborghini appoints new UK boss amid big year

Davide Sfrecola will oversee launch of Temerario and opening of new Mayfair showroom

23 May 2025
Lamborghini appoints new UK boss amid big year
Corporate

Citroen appoints VW Group France boss as new CEO

Outgoing boss Thierry Koskas had been in role since 2023; oversaw launches of new C3 and C5 Aircross

19 May 2025
Citroen appoints VW Group France boss as new CEO
Corporate

Volvo 'empowers' China and US divisions in push for localisation

Volvo CEO Håkan Samuelsson says the manufacturer needs to "be a local player" in every key region

14 May 2025
Volvo 'empowers' China and US divisions in push for localisation
Corporate

JLR records best profit in a decade as it primes new EVs

Pre-tax profit of £2.5 billion in the 12 months to the end of March 2025 is up 15% compared with the year prior

13 May 2025
JLR records best profit in a decade as it primes new EVs
Corporate

Trump tariff gloom lifts following UK trade deal and BMW news

The US president has proven that he can be persuaded to reduce his punitive car import tariffs

9 May 2025
Trump tariff gloom lifts following UK trade deal and BMW news
Range Rover Evoque front quarter tracking 2024
JLR currently builds the Range Rover Evoque in India but not the highly profitable full-size Range Rover
Corporate

India cuts tariff on UK-built luxury cars tenfold

Import tax on “high-end” cars will drop from more than 100% to 10%, subject to sales quotas

6 May 2025
India cuts tariff on UK-built luxury cars tenfold
Corporate

Trump tariffs: car makers struggle to mitigate loss of billions in profit

For many, the imposition of a 25% US import charge spells crisis. But for some, it's a major opportunity

6 May 2025
Trump tariffs: car makers struggle to mitigate loss of billions in profit
aston martin valour 2024 front quarter static
Lower sales of high-value 'specials' were cited as the reason for a drop in revenue
Corporate

Aston Martin cuts losses despite drop in revenue

Loss of £79.6m is almost half the £138.8m loss recorded in the first quarter of 2024, as cost-cutting plan progresses

30 April 2025
Aston Martin cuts losses despite drop in revenue
Jeep Gladiator production
Trump administration has announced relief on import taxes on foreign-made car parts
Corporate

Stellantis axes 2025 profit forecast, citing tariff unpredictability

Massive group is the latest of several car makers to suspend earnings guidance following Trump bombshell

30 April 2025
Stellantis axes 2025 profit forecast, citing tariff unpredictability
Corporate

Nissan predicts £4 billion loss in revised earnings forecast

Updated forecast shows a loss almost 10 times higher than the £426 million previously predicted

24 April 2025
Nissan predicts £4 billion loss in revised earnings forecast

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