Finance and corporate

Volkswagen sales down 8% in 2021 but profit up 451%

German company prioritised higher-equipped cars to ensure financial success last year

16 March 2022
Volkswagen sales down 8% in 2021 but profit up 451%
Finance and corporate

Bentley posts record financial results

Luxury British firm nearly doubled its operating profit in 2021 following best-ever sales

15 March 2022
Bentley posts record financial results
Finance and corporate

Volkswagen Group revenue grows 12.3% despite big sales drop

The firm sold 2.3 million fewer vehicles than in pre-pandemic 2019 but doubled year-on-year operating profits

14 March 2022
Volkswagen Group revenue grows 12.3% despite big sales drop
Finance and corporate

BMW Group posts strongest profits in 106-year history

Prioritisation of high-end vehicles helps German giant mitigate impact of supply-chain crisis

11 March 2022
BMW Group posts strongest profits in 106-year history
Finance and corporate

Ukraine war could have worse impact than pandemic, says VW boss

Interruptions to supply chains “could lead to huge price increases” and “scarcity of energy and inflation"

10 March 2022
Ukraine war could have worse impact than pandemic, says VW boss
Finance and corporate

How Stellantis hopes to take on the disruptors

CEO Carlos Tavares is bullish about his plans for the conglomerate, but will it be enough?

2 March 2022
How Stellantis hopes to take on the disruptors
Finance and corporate

Stellantis vows to comply with sanctions on Russia

Firm has set up taskforces to monitor its Ukrainian employees and react quickly to new sanctions

1 March 2022
Stellantis vows to comply with sanctions on Russia
Porsche Panamera family
Porsche Panamera family
Finance and corporate

Volkswagen Group agrees framework for Porsche flotation

Potential IPO for sports car manufacturer would raise funds for VW Group's electrification plans

25 February 2022
Volkswagen Group agrees framework for Porsche flotation
99 mercedes maybach s class 2021 official hero front
Mercedes sells 1000 Maybach models per month in China
Finance and corporate

Mercedes-Benz boosts revenues on record sales of top-end cars

Bumper year for Maybach, S-Class and G-Class helps lessen the blow of the semiconductor shortage

24 February 2022
Mercedes-Benz boosts revenues on record sales of top-end cars
Finance and corporate

British lithium mining company plans IPO listing in 2022

Cornish Lithium will list on London stock exchange as it seeks to start mining lithium in south-west England

24 February 2022
British lithium mining company plans IPO listing in 2022

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