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Luxury cars

  • Jaguar Land Rover rakes in £2.5bn profit despite stalled sales

    Transport and infrastructure

    Jaguar Land Rover (JLR) has achieved its highest profit for a decade despite its sales stalling during its latest financial year. The Coventry-headquartered automotive giant has posted a profit of £2.5bn for the 12 months to 31 March, 2025. The latest total is up from the £2.2bn profit it achieved in its prior year – [...]

  • Aston Martin: PIF and Geely billionaire’s shares shift after investment

    Investing

    The proportion of shares Saudi Arabia’s Public Investment Fund (PIF) and Chinese billionaire Shufu Li’s hold in luxury car brand Aston Martin has changed following a major shares issue. In March Yew Tree Consortium, which is led by chairman Lawrence Stroll, placed 75 million additional shares in the London-listed business. As a result, both the value of the [...]

  • Porsche: Trump tariffs and China troubles to slash sales and profit

    Transport and infrastructure

    Porsche has cut its forecasts for 2025 amid fears over the impact of President Donald Trump’s tariffs on the global car industry. The luxury sports car maker expects to report a profit margin of between 6.5 to 8.5 per cent this year, down from prior guidance of 10 to 12 per cent. Revenue is also [...]

  • Polestar takes advantage of Tesla sales slump

    April 10, 2025

    Polestar is benefitting from Tesla’s well-publicised slump as it revealed a huge growth in global sales for the first three months of 2025. The Swedish company, which is listed on the US Nasdaq, has sold an estimated 12,304 cars since the turn of the year, 76 per cent up compared to the same period in [...]

  • Jaguar Land Rover: Donald Trump’s tariffs threaten US growth

    April 7, 2025

    The scale of the impact of Donald Trump’s tariffs facing Jaguar Land Rover has been revealed as the luxury car maker outlined how many vehicles it exported to the US in the first three months of 2025. The Coventry-headquartered automotive giant saw wholesale volumes in its fourth quarter rise by 14.4 per cent in North [...]

  • Aston Martin to accelerate bonuses after struggling to attract top talent

    March 26, 2025

    Aston Martin is planning to pay its top bosses more than its fellow FTSE 250 companies after having struggled to attract talent in recent years. The Warwickshire-headquartered luxury car maker is proposing to increase the bonus opportunities for its chief executive and chief financial officer from 200 per cent to 250 per cent of their [...]

  • Why boss of FTSE 100 giant Auto Trader might ditch his Tesla

    March 25, 2025

    The boss of FTSE 100 Auto Trader may ditch his Tesla in the future as rivals to Elon Musk's giant become more competitive on price.

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