Finance

Volvo revenue increases 30% in Q3 despite sales slowing

Sales dropped to 138,000 in third quarter due to supply issues and Covid, but electrified sales were positive

27 October 2022
Volvo revenue increases 30% in Q3 despite sales slowing
Ford Focus 2015 Sollers factory
Ford Sollers joint venture previously produced Focus hatchback
Corporate

Ford announces total withdrawal from Russia

American manufacturer exits Sollers joint venture for nominal fee but retains share buyback option

26 October 2022
Ford announces total withdrawal from Russia
Mercdes Benz E Class 2022 front quarter tracking
The Mercedes-Benz plant near Moscow previously produced the E-Class saloon
Corporate

Mercedes-Benz to sell Russian business

German firm doesn't expect sale of regional industrial and financial divisions to significantly impact finances

26 October 2022
Mercedes-Benz to sell Russian business
Toyota Lexus EV concept lineup 2021 front
Toyota Compact Cruiser and battery-electric Crown have been axed, according to report
Vehicle manufacturing

Report: Toyota revises EV plans

Japanese giant to simplify future line-up to accommodate fast rise in electric vehicle uptake

24 October 2022
Report: Toyota revises EV plans
DS Store Birmingham forecourt
Alfa Romeo and DS will be overseen by a new Premium Brands division
Corporate

Stellantis UK to cut dealer partners pending review

Review of group's UK dealers will be led by customer feedback rather than sales volumes

18 October 2022
Stellantis UK to cut dealer partners pending review

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