Finance and corporate

Alison Jones moves to global Stellantis role in company shake-up

Jones will leave position of UK boss to become senior vice-president of circular economy

11 May 2022
Alison Jones moves to global Stellantis role in company shake-up
Mobility Mercedes
Mercedes Car2Go service has been bought by Stellantis, along with BMW's DriveNow
Finance and corporate

Does Stellantis's purchase of rival car share scheme make sense?

Conglomerate has bought BMW and Mercedes joint, and loss-making, car share scheme

9 May 2022
Does Stellantis's purchase of rival car share scheme make sense?
Tobias Moers 21 olg 10
Moers joined Aston Martin in 2020
Finance and corporate

Aston Martin CEO Tobias Moers to leave British firm - official

Ferrari duo to replace Moers; Amedeo Felisa takes on CEO role, Roberto Fedeli to join as CTO

3 May 2022
Aston Martin CEO Tobias Moers to leave British firm - official
17 volvo c40 recharge uk drive 2022 static rear
New Volvo C40 is the first EV-only model from the Swedish marque
Finance and corporate

Volvo profits slide £190 million as industry headwinds bite

Swedish marque's output blighted by rising material costs, supply chain shortages and Covid shutdowns

28 April 2022
Volvo profits slide £190 million as industry headwinds bite
Finance and corporate

Ex-Ferrari technology boss Michael Leiters named McLaren CEO

Leiters replaces long-time boss Mike Flewitt, having played a core role in Porsche's and Ferrari's strategies

27 April 2022
Ex-Ferrari technology boss Michael Leiters named McLaren CEO
Massimo Fumarola, CEO (left) and Steve Morris, Executive Chairman (right) (optimised)
Fumarola (left) becomes CEO as Morris is named executive chairman
Finance and corporate

New Morgan CEO is ex-Lamborghini projects boss

Management changes as Massimo Fumarola named Morgan CEO while Steve Morris becomes executive chairman

26 April 2022
New Morgan CEO is ex-Lamborghini projects boss
Finance and corporate

Renault looks to separately list EV business

The change could happen in 2023, with potential further implications for alliance with Nissan

22 April 2022
Renault looks to separately list EV business
rimac bugatti2
Investindustrial has made a significant investment in Rimac, which also owns Bugatti
Finance and corporate

Morgan owner invests £100 million in Rimac Group

Italian private equity outfit Investindustrial joins Porsche and Hyundai as investors in the Croatian firm

20 April 2022
Morgan owner invests £100 million in Rimac Group
Finance and corporate

Ex-Porsche executive Klaus Zellmer becomes Skoda boss

Replacement for Thomas Schafer was previously Porsche America boss and currently leads Volkswagen sales

4 April 2022
Ex-Porsche executive Klaus Zellmer becomes Skoda boss
Finance and corporate

Thomas Muller replaces Nick Rogers as JLR engineering chief

Former VW Group engineering boss has experience of advanced driver-assistance systems and autonomous tech

4 April 2022
Thomas Muller replaces Nick Rogers as JLR engineering chief

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