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
eqe
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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Land Rover has taken 30,000 orders for new Range Rover
Finance and corporate

Jaguar Land Rover boosts revenue but chip shortage hurts profits

JLR posted revenues of £4.7bn last quarter – a 22% increase – but has an order backlog of 155,000 vehicles

31 January 2022
Jaguar Land Rover boosts revenue but chip shortage hurts profits
Finance and corporate

How Renault, Nissan and Mitsubishi plan stronger Alliance

Triumvirate of car makers has faced significant recent obstacles, but bosses are confident for the future

31 January 2022
How Renault, Nissan and Mitsubishi plan stronger Alliance
Finance and corporate

Former Vauxhall boss Stephen Norman retires after 45-year career

Norman helped propel Vauxhall’s business back to profitability after 20 years of losses

28 January 2022
Former Vauxhall boss Stephen Norman retires after 45-year career

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