All the updated news related to car maker

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City

Aston Martin Lagonda shares jump on hopes for better 2023 after widened losses

Aston Martin Lagonda has revealed annual losses more than doubled as it faced supply chain woes and took a £156 million hit from the weakened pound, but said profitability would improve in 2023. The luxury car maker posted pre-tax losses of £495 ...

01 Mar 2023 at 09:28

Luxury UK car makers hit by ‘multiple geopolitical headwinds’ – report

Luxury, high-performance and niche UK car makers face challenges which “threaten competitiveness and growth”, according to a report. The Society of Motor Manufacturers and Traders (SMMT) said companies such as Aston Martin, McLaren and Morgan ...

10 Jun 2025 at 00:01

City

Jaguar Land Rover cutting up to 500 management jobs in UK

Luxury car maker Jaguar Land Rover is axing up to 500 management jobs in the UK amid a slump in sales and trade tariff woes. The Tata-owned firm said around 1.5% of its UK workforce of more than 33,000 would be affected by the job cuts, ...

17 Jul 2025 at 12:38

City

Recruiter Hays warns over profits as hiring slump in German car sector worsens

Recruiter Hays has warned that its annual profits could fall short of expectations because of a lacklustre global jobs market and German car firms slowing hiring amid the threat of higher US tariffs. Shares in the company, which is one ...

19 Jun 2025 at 09:03

Motoring News

The Longbow Speedster is an ultra-light electric sports car

Longbow has announced that its lightweight Speedster electric sports car is now available to order. Longbow is the first British electric sports car maker, and the Speedster is its first entry into the market, while its second model, ...

31 Oct 2025 at 11:28

City

Aston Martin axing up to a fifth of workers as losses widen

Up to nearly 600 jobs are being cut at Aston Martin Lagonda as the luxury car maker confirmed plans to axe up to 20% of workers after seeing annual losses widen. The group, which was revealed earlier this month to be consulting on ...

25 Feb 2026 at 09:48

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