aston martin valhalla prototype 2025 jh 26
£850k Valhalla supercar is expected to contribute to improved profits in 2026
Finance and corporate

Aston Martin to cut staff costs by 20% as tariffs dent profits

Aston details significant restructuring programme in response to 36% drop in profit last year

25 February 2026
Aston Martin to cut staff costs by 20% as tariffs dent profits
Screenshot 2026 02 23 at 08.01.53
New Audi tech boss Mohr has been at Lamborghini for three years
Finance and corporate

Lamborghini technology boss heads to Audi to lead R&D

Rouven Mohr replaces Geoffrey Bouquot following a three-year stint in Sant'Agata

23 February 2026
Lamborghini technology boss heads to Audi to lead R&D
Weckbach and Mission e
Weckbach led development of the Porsche Taycan in a previous role
Finance and corporate

Mercedes-AMG names ex-Porsche Taycan head as new CEO

Stefan Weckbach takes over from Michael Scheibe at AMG, having led the roll-out of Porsche's EVs

8 December 2025
Mercedes-AMG names ex-Porsche Taycan head as new CEO
Finance and corporate

Ford names new European boss as it eyes more region-focused cars

Jim Baumbick named Ford of Europe's first president in three years; remit is to build more Europe-focused cars

10 October 2025
Ford names new European boss as it eyes more region-focused cars
Finance and corporate

Ford expects US trade tariffs to cost it £1.5bn this year

Manufacturer eyes increased regionalisation as cost of importing parts and materials into US mounts

31 July 2025
Ford expects US trade tariffs to cost it £1.5bn this year
Finance and corporate

Inside Alpine's 20-year plan to become a proper Porsche rival

Renault-owned French brand is betting big on its potential to become a credible premium player

5 June 2025
Inside Alpine's 20-year plan to become a proper Porsche rival
Finance and corporate

Ex-Jeep boss Antonio Filosa named new Stellantis CEO

Stellantis ends six-month process to select a replacement for Carlos Tavares

28 May 2025
Ex-Jeep boss Antonio Filosa named new Stellantis CEO
Finance and corporate

Volvo confirms 3000 job cuts as part of £1.4bn savings drive

More than 2000 roles at Volvo's Sweden offices axed as the company battles strong industry headwinds

27 May 2025
Volvo confirms 3000 job cuts as part of £1.4bn savings drive
Finance and corporate

VW Group CEO campaigns against costs as profits drop 37%

Oliver Blume says the Volkswagen Group "must address all cost categories" as part of turnaround plan

16 May 2025
VW Group CEO campaigns against costs as profits drop 37%
Finance and corporate

McLaren CEO Leiters steps down following Forseven merger

New McLaren Group Holdings CEO Nick Collins will now run the Surrey-based supercar maker

29 April 2025
McLaren CEO Leiters steps down following Forseven merger

Pages