rimac bugatti2
Investindustrial has made a significant investment in Rimac, which also owns Bugatti
Finance and corporate

Morgan owner invests £100 million in Rimac Group

Italian private equity outfit Investindustrial joins Porsche and Hyundai as investors in the Croatian firm

20 April 2022
Morgan owner invests £100 million in Rimac Group
Finance and corporate

Ex-Porsche executive Klaus Zellmer becomes Skoda boss

Replacement for Thomas Schafer was previously Porsche America boss and currently leads Volkswagen sales

4 April 2022
Ex-Porsche executive Klaus Zellmer becomes Skoda boss
Finance and corporate

Thomas Muller replaces Nick Rogers as JLR engineering chief

Former VW Group engineering boss has experience of advanced driver-assistance systems and autonomous tech

4 April 2022
Thomas Muller replaces Nick Rogers as JLR engineering chief
Finance and corporate

Report: Ssangyong hunts new owner as £187m buyout falls through

Korean marque's takeover by Edison Motors had been approved but payment deadline has reportedly been missed

30 March 2022
Report: Ssangyong hunts new owner as £187m buyout falls through
Finance and corporate

Seat sales increase 10% but profitability takes hit

Seat and Cupra sold a combined 471,000 cars last year but suffered negative operating loss of €371 million

23 March 2022
Seat sales increase 10% but profitability takes hit
Finance and corporate

Skoda achieves sales return of 6.1% despite reduced deliveries

Czech manufacturer delivered 878,200 new cars and received €17.7 billion in revenue during 2021

22 March 2022
Skoda achieves sales return of 6.1% despite reduced deliveries
Audi Ducati Bentley Lamborghini
Audi is parent company to Ducati, Lamborghini and Bentley
Finance and corporate

Audi Group posts record profits despite global sales dip

Semiconductor shortage throttled output but strong pricing and record Lamborghini sales helped mitigate the impact

17 March 2022
Audi Group posts record profits despite global sales dip
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

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