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
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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
Finance and corporate

Stellantis beats financial targets in its first year

Net profits increased from pre-grouping levels by 11.8% while net revenue rose 14% to £127 billion

23 February 2022
Stellantis beats financial targets in its first year
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DBX was Aston Martin's strongest seller in 2021
Finance and corporate

Aston Martin boosts revenues and slashes losses in 2021

Project Horizon transformation plan starts strong, with further growth expected in 2022

23 February 2022
Aston Martin boosts revenues and slashes losses in 2021
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CEO Luca de Meo: "We are accelerating the deployment of our strategic ambitions"
Finance and corporate

Renault Group returns to profitability in 2021

Company bounces back after two years of losses as Renaulution plan takes effect

18 February 2022
Renault Group returns to profitability in 2021
Finance and corporate

Ford hires leading Tesla engineer Alan Clarke to push EV development

Clarke spent 12 years at Tesla, helping to develop the Model S, Model X and Roadster concept

11 February 2022
Ford hires leading Tesla engineer Alan Clarke to push EV development
Finance and corporate

Volvo reports record revenues and profitability in 2021

Brand nudges 700,000 global sales in spite of supply chain crisis, with XC60 accounting for over a third

11 February 2022
Volvo reports record revenues and profitability in 2021
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Tobias Moers
Finance and corporate

Aston Martin chairman: no plans to replace CEO Tobias Moers

Company chairman Lawrence Stroll says "hurtful" allegations came from "disgruntled employees"

10 February 2022
Aston Martin chairman: no plans to replace CEO Tobias Moers

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