Skoda Enyaq vRS
Sales of the Enyaq increased by 53,700 units worldwide
Finance

Skoda revenues rise in 2022 despite impact of war in Ukraine

Skoda delivered 731,300 cars in 2022 for a 16.7% year-on-year drop but earned €628 million in profit

16 March 2023
Skoda revenues rise in 2022 despite impact of war in Ukraine
audi q4 e tron 2021 front quarter tracking
The Audi Group's operating profit grew from €5.5bn in 2021 to €7.6bn last year
Finance

Audi Group forecasts operating margin dip after record 2022

Audi, Bentley, Ducati and Lamborghini set £6.7 billion profit high as average sale values spike

16 March 2023
Audi Group forecasts operating margin dip after record 2022
Volkswagen ID 3 ID 4 ID 5 family front static
The VW Group is confident it can keep the margins stable and grow volume
Finance

Investors worry as Volkswagen prioritises growth over profit

Easing of semiconductor shortage means firm is bullish about sales growth over margins

16 March 2023
Investors worry as Volkswagen prioritises growth over profit
Mclaren Artura 2022 front quarter tracking
The McLaren Artura is the manufacturer's first mainstream hybrid model
Finance

McLaren secures £70 million investment to fund electrification

Cash injection is the first stage of a £500 million plan, new report claims

14 March 2023
McLaren secures £70 million investment to fund electrification
Renault dealership forecourt
The Renault Group is among those to have capitalised on limited supply
Finance

Can car makers maintain high profits as discounts return?

As shortages ease, investors want to know whether greater competition will lead to reduced margins

2 March 2023
Can car makers maintain high profits as discounts return?
Aston martin dbx 707 in studio
Supply delays hampered roll-out of top-rung Aston Martin DBX 707
Finance

Aston Martin turnaround begins with £6.6 million profit in Q4

Aston exceeds financial expectations as average sale price soars to £184,000 and DBX boosts demand

1 March 2023
Aston Martin turnaround begins with £6.6 million profit in Q4
Maserati Grecale GT 2023 front quarter tracking
The new Maserati Grecale SUV was by far the brand's biggest seller in January
Finance

Maserati hails comeback as profits rocket

Italian marque doubles its full-year profits compared with the previous year, helped by MC20 supercar

23 February 2023
Maserati hails comeback as profits rocket
Mercedes Benz EQS SUV 2022 front quarter cornering
Mercedes-Benz EQS SUV will help to boost "top-end" car sales
Finance

Mercedes-Benz prioritises electric cars in profit push

The German manufacturer expects sales of its electric cars to double through 2023

17 February 2023
Mercedes-Benz prioritises electric cars in profit push
Renault Arkana 2022 front quarter tracking
Of Renault Arkana sales in Europe, 65% were of E-Tech hybrids
Finance

‘No turning back’ for Renault Group as profitability spikes

The French giant recorded an all-time high operating margin per vehicle during 2022

16 February 2023
‘No turning back’ for Renault Group as profitability spikes
Jim Farley with Ford Electric Vehicle lineup
"To say I am frustrated is an understatement," said Jim Farley on Ford's Q4 earnings call
Finance

Ford CEO: ‘We should have done much better’ in 2022

American giant loses $2 billion amid supply shortages; Jim Farley says it left “profits on the table”

3 February 2023
Ford CEO: ‘We should have done much better’ in 2022

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