All the updated news related to car maker

All the news related to car maker updated in real time

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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

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