Nissan loses £888m as major recovery plan accelerates January 5, 2026 The UK arm of car giant Nissan lost £888m during its latest financial year ahead of a major recovery plan taking effect, it has been revealed. The Sunderland-headquartered business has posted the pre-tax loss which is up significantly from the £67m it lost in the prior 12 months. Nissan said its latest accounts, filed with [...]
Toyota warns of ‘challenging road ahead’ after profit falls £100m December 3, 2025 The UK manufacturing arm of Toyota has warned “the road ahead may be challenging” after its profit slumped by more than £100m during its latest financial year. The division of the Japanese giant said the “uncertainties of the automotive industry and infrastructure to support vehicle type” were the main factors behind its pessimism. However, Toyota [...]
Jaguar Land Rover: JLR loses almost £500m after cyber attack November 14, 2025 Jaguar Land Rover (JLR) lost almost £500m during the second quarter of its financial year as it battled the most expensive cyber attack in British history. The automotive giant has reported a loss before tax and exceptional items of £485m for the three months to 30 September, 2025. The figure compares to a profit of [...]
Citroen: UK sales slump by over £400m October 6, 2025 A sharp decline in the number of new and used Citroen cars being sold in 2024 contributed to the brand’s revenue being cut by more than £400m. For its latest financial year, the Coventry-headquartered firm’s revenue fell from £1.2bn to £792m, new accounts filed with Companies House show. Citroen’s revenue from the sale of new [...]
JLR extends cyber attack shutdown to October September 23, 2025 Jaguar Land Rover (JLR) has extended its production shutdown until at least 1 October, after the cyber attack that crippled its IT systems left the UK’s biggest automaker unable to restart operations. The pause, which started on 31 August, has already cost the car behemoth hundreds of millions of pounds in lost output, and threatens [...]
Toyota’s UK profit almost wiped out amid ZEV mandate battle September 12, 2025 Toyota’s UK profit has almost been wiped out as the carmaker battled a decline in market share and compliance with the ZEV [Zero Emission Vehicle] mandate. The Surrey-headquartered division has posted a pre-tax profit of £462,000 for the 12 months to 31 March, 2025, down from the £11.5m it achieved in the prior year. New [...]
Fallout from ‘frustratingly simple’ Jaguar Land Rover attack to last for weeks September 8, 2025 A cyber attack at Jaguar Land Rover, which forced the company to halt production and retail operations on September 2, is set to continue for weeks in a huge headache for the firm. The incident prompted the UK’s biggest carmaker to take its systems offline as a precaution, while emails sent to staff at its plant [...]
JLR staff told to stay at home amid massive cyber attack disruption September 5, 2025 Thousands of workers at Jaguar Land Rover (JLR) were told to ‘stay at home’, and customers are facing major delivery delays after a cyber attack forced the company to shut down production across its plants. The incident, which began on Sunday, halted the UK’s biggest carmaker’s operations at sites in Solihull, Halewood, Wolverhampton and Castle [...]
Jaguar Land Rover hit by cyber attack forcing production shutdown at UK plant September 2, 2025 Jaguar Land Rover (JLR) has been forced to halt production and retail operations after a cyber attack disrupted its global IT systems, with staff at its plant on Merseyside told not to report to work. The incident prompted the UK’s biggest carmaker to take its systems offline as a precaution. In a statement, JLR said [...]
Jaguar Land Rover: Trump’s tariffs cost car maker millions August 8, 2025 Jaguar Land Rover has revealed how much US President Donald Trump’s tariffs have impacted its finances during the first three months of its financial year. The car maker has confirmed that its revenue in the three months to 30 June, 2025, fell by 9.2 per cent to £6.6bn. Its pre-tax profit was also slashed by [...]