Business

Car industry chief warns Boris Johnson over no-deal Brexit

SMMT president Mike Hawes highlights strength of car industry in letter to new Prime Minister

26 July 2019
Car industry chief warns Boris Johnson over no-deal Brexit
Business

Jaguar Land Rover posts £395 million loss due to falling sales

Struggling car market and planned Brexit-based plant shutdowns hit British firm's profits, but bosses insist it is on track for 'profitable growth'

25 July 2019
Jaguar Land Rover posts £395 million loss due to falling sales
Business

Nissan confirms plan to cut 12,500 jobs globally

Japanese firm will cut jobs and trim model range, while investing in autonomous and electrified technology

25 July 2019
Nissan confirms plan to cut 12,500 jobs globally
Business

Profit jump for PSA Group in 2019 despite “regulatory chaos”

Record operating margin of 8.7% and income increase of 11% defy global slump; CEO says no-deal Brexit “can't be considered”

24 July 2019
Profit jump for PSA Group in 2019 despite “regulatory chaos”
Aston Martin DBX prototype on production line
The production version of the DBX will launch in December this year
Business

Aston Martin shares fall as uncertainty hits sales

Luxury car maker has blamed weak UK and European markets as one reason for its revised 2019 outlook

24 July 2019
Aston Martin shares fall as uncertainty hits sales
Alvis Bertelli - front
The striking Bertelli is the flagship continuation model for reborn Alvis
Business

Alvis marks centenary with extended continuation line-up

Revived British brand adds post-war models to range of faithfully recreated heritage models

24 July 2019
Alvis marks centenary with extended continuation line-up
Business

Jaguar XE SV Project 8 breaks own Nurburgring lap record

Hardcore super saloon bows out of production by reinforcing its four-door top spot at the Nordschleife

24 July 2019
Jaguar XE SV Project 8 breaks own Nurburgring lap record
Business

Mercedes-Benz reveals “world's first” autonomous valet parking system

Daimler and Bosch have created a smartphone-operated driverless parking garage in Stuttgart, Germany

23 July 2019
Mercedes-Benz reveals “world's first” autonomous valet parking system
Business

Carlos Ghosn sues Nissan-Mitsubishi for millions in damages

Former Alliance chairman launches £13.5m lawsuit after he was ousted on charges of financial misconduct

23 July 2019
Carlos Ghosn sues Nissan-Mitsubishi for millions in damages
Mercedes-Benz China line-up
Daimler and BAIC's joint venture sold 485,000 vehicles in 2018
Business

Chinese car maker BAIC acquires 5% share in Daimler

The two companies already work together in a Chinese joint venture

23 July 2019
Chinese car maker BAIC acquires 5% share in Daimler

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