Finance

Lotus electric car line up 2024

Lotus is transitioning to an electric-only line-up

Finance

Lotus posts £594m loss for 2023 ahead of EV sales growth

Lotus delivered just 7000 cars last year but says it is making "steady progress" towards 150,000 units in 2028

8 April 2024

Lotus posts £594m loss for 2023 ahead of EV sales growth

McLaren Artura on road at speed

Finance

Bahrain state fund takes full ownership of McLaren Group

Long-awaited share restructure is a step towards funding the company's future product plan

22 March 2024

Bahrain state fund takes full ownership of McLaren Group

Range Rover front cornering

Finance

JLR profits soar amid record Range Rover sales

Record wholesales for Range Rover models drive £627 million profit for final quarter of 2023

2 February 2024

JLR profits soar amid record Range Rover sales

renault 4 concept paris motor show 05 front static

Finance

Renault cancels IPO for Ampere EV division

Firm says market conditions are no longer suitable for a public listing

29 January 2024

Renault cancels IPO for Ampere EV division

2023 land rover defender outbound front three quarters 2

Defender, Range Rover and Range Rover Sport make up 77% of 168,000 order bank

Finance

Jaguar Land Rover posts record revenues as sales increase

JLR generated £13.8bn between March and September, with profits climbing to £442m from a £173m loss last year

2 November 2023

Jaguar Land Rover posts record revenues as sales increase

renault austral 02 front trackin

The new Renault Austral compact SUV is key to the French brand's future-looking strategy

Finance

How Renault went from near-bust to boom in three years

The company rebounded from a €7.3 billion loss in 2020 to a €2.1 billion profit this year

23 August 2023

How Renault went from near-bust to boom in three years

Vinfast launched in Europe last year, selling cars in France, Germany and the Netherlands

Finance

Vietnamese car maker Vinfast valued at more than Ford and GM

US investors back electric car maker to take on Tesla despite the firm not having made a profit yet

16 August 2023

Vietnamese car maker Vinfast valued at more than Ford and GM

bentley bentayga ewb 01 front tracking

The Bentley Bentayga was the firm's most popular model, taking 44% of sales

Car sales

Bentley expecting tough end to 2023 after H1 sales drop

Crewe-based firm boosted by increased demand in Mulliner division, which kept profits stable

28 July 2023

Bentley expecting tough end to 2023 after H1 sales drop

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

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

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