Finance and corporate

Stellantis beats financial targets in its first year

Net profits increased from pre-grouping levels by 11.8% while net revenue rose 14% to £127 billion

23 February 2022
Stellantis beats financial targets in its first year
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DBX was Aston Martin's strongest seller in 2021
Finance and corporate

Aston Martin boosts revenues and slashes losses in 2021

Project Horizon transformation plan starts strong, with further growth expected in 2022

23 February 2022
Aston Martin boosts revenues and slashes losses in 2021
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CEO Luca de Meo: "We are accelerating the deployment of our strategic ambitions"
Finance and corporate

Renault Group returns to profitability in 2021

Company bounces back after two years of losses as Renaulution plan takes effect

18 February 2022
Renault Group returns to profitability in 2021
Finance and corporate

Ford hires leading Tesla engineer Alan Clarke to push EV development

Clarke spent 12 years at Tesla, helping to develop the Model S, Model X and Roadster concept

11 February 2022
Ford hires leading Tesla engineer Alan Clarke to push EV development
Finance and corporate

Volvo reports record revenues and profitability in 2021

Brand nudges 700,000 global sales in spite of supply chain crisis, with XC60 accounting for over a third

11 February 2022
Volvo reports record revenues and profitability in 2021
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Tobias Moers
Finance and corporate

Aston Martin chairman: no plans to replace CEO Tobias Moers

Company chairman Lawrence Stroll says "hurtful" allegations came from "disgruntled employees"

10 February 2022
Aston Martin chairman: no plans to replace CEO Tobias Moers
Finance and corporate

Toyota profits fall 21% due to production cuts

Production forecast has also been slashed by a further 500,000 units to 8.5 million

9 February 2022
Toyota profits fall 21% due to production cuts
Finance and corporate

Ex-Ferrari F1 CEO appointed Aston Martin brand chief

Marco Mattiacci joins after stints as boss of Ferrari in North America and the Scuderia Ferrari Formula 1 team

9 February 2022
Ex-Ferrari F1 CEO appointed Aston Martin brand chief
Finance and corporate

Ford bounces back from 2020 loss despite reduced volumes in 2021

Semiconductor shortage causes 2021 earnings to fall below expectations, but Ford forecasts improvements in 2022

4 February 2022
Ford bounces back from 2020 loss despite reduced volumes in 2021
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New EQE is next EQ-badged Mercedes EV
Finance and corporate

Daimler rebranded as Mercedes-Benz AG

Having spun off commercial vehicle division, company focuses on future of Benz, AMG, Maybach and EQ brands

1 February 2022
Daimler rebranded as Mercedes-Benz AG

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