Business

aston martin db12 side
New Aston Martin DB12 is sold out beyond the end of 2023
Finance

Average Aston Martin price now £184k as firm hails profit hike

Gaydon firm substantially boosts revenues and margins in first half of 2023, but losses climb slightly

26 July 2023
Average Aston Martin price now £184k as firm hails profit hike
Thomas Schafer Felix Page
Schäfer says there’s affection for VW’s back catalogue
Corporate

Exclusive: How Volkswagen CEO will rebuild brand

More buttons, fewer SUVs – and a bit of Guinness. Thomas Schäfer's battle plan unwrapped

26 July 2023
Exclusive: How Volkswagen CEO will rebuild brand
West Midlands Gigafactory render from above
West Midlands Gigafactory plans to eventually produce 60GWh of batteries annually
Infrastructure

West Midlands battery factory 'hopeful' of government support

Coventry project hopes government will continue to back battery production, having supported Tata’s Somerset site

25 July 2023
West Midlands battery factory 'hopeful' of government support
land rover defender 75th edition 20284
Demand for high-margin models like Defender underpins JLR's growth
Finance

Jaguar Land Rover hails continued growth ahead of EV shift

British manufacturer JLR posted a 57% revenue increase and profits of £435 million in the last quarter

25 July 2023
Jaguar Land Rover hails continued growth ahead of EV shift
Two Alfa Romeo Tonales driving in Italy
New Tonale launched in second half of 2023
Car sales

Alfa Romeo doubles European sales in bumper six months

Importance of new Tonale crossover made clear as Italian brand posts 57% global uptick in first half of 2023

25 July 2023
Alfa Romeo doubles European sales in bumper six months
jaguar xe front three quarter 2
JLR chief creative officer Gerry McGovern was scathing of the ‘British BMW’ experiment that brought Jaguars such as the XE
Finance

How Jaguar rebuilds from a position of 'no equity whatsoever'

British brand on the rebuild to become £100,000-plus luxury car maker as "pleasing every type of customer leaves you with mediocre products"

24 July 2023
How Jaguar rebuilds from a position of 'no equity whatsoever'
alpine a290 beta front static
Alpine A290 concept's reveal was a highlight of Laurent Rossi's time as CEO
Corporate

Alpine CEO Laurent Rossi replaced by Ferrari, Alfa engineer

Philippe Krief takes over from Rossi, who has led Alpine through a transformative period of growth

21 July 2023
Alpine CEO Laurent Rossi replaced by Ferrari, Alfa engineer
adrian mardell
Corporate

Jaguar Land Rover names Adrian Mardell as new permanent CEO

Interim boss of eight months given full role as JLR pushes towards becoming an electric-first business

20 July 2023
Jaguar Land Rover names Adrian Mardell as new permanent CEO
1 jaguar i pace 2018 rt hero front
The Jaguar I-Pace is currently the only electric car JLR produces
Manufacturing

Tata: Somerset batteries not just for Jaguar Land Rover

JLR owners will spend £4 billion to build 40GWh plant, with production to start from 2026

20 July 2023
Tata: Somerset batteries not just for Jaguar Land Rover
001 lotus emira tracking front 2022
Lotus Emira, the brand's final combustion car, was the only car it produced last year
Car sales

Lotus proposes 200 job cuts at Hethel and Warwickshire bases

Norfolk-based manufacturer's plans includes axing engineers and admin roles; brand sold just 576 cars last year

20 July 2023
Lotus proposes 200 job cuts at Hethel and Warwickshire bases

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