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Long roads lie ahead for Britain’s Aston Martin as losses widen and SUV sales slump

The carmaker is trying to cash in on the growing popularity of Formula One racing as it looks to launch new models more frequently.

Jamie Nimmo

Pro-Brexit billionaire Jim Ratcliffe puts EV plans on hold, blaming ‘tariffs, timings and taxation’

Production of the Fusilier had been expected to begin in 2027. Ineos hasn't specified a new timeline.

Jamie Nimmo

Stellantis threatens to kill production in the UK, saying the country has set sales targets for electric cars way too high

Managing director Maria Grazia Davino said Stellantis would be forced to make discounts to meet the targets.

Jamie Nimmo

Aston Martin's first quarter earnings drop 34% as it awaits fourth CEO in four years

The luxury carmaker shipped 945 vehicles in the period, a 26% decline from the prior year, while revenue dropped 10% to $334 million.

01.05.2024 30

Jamie Nimmo

EV repair costs are so high in the UK that minor accidents can total a car and send it to the junkyard: 'It’s instant death on these systems'

A dearth of mechanics trained to handle the most advanced EV fixes is helping to drive up repair costs.

13.04.2024 10

Jamie Nimmo

Aston Martin, the iconic British automaker associated with James Bond, taps Bentley's boss Adrian Hallmark as new CEO

Hallmark will replace 77-year-old Amedeo Felisa no later than October 1st.

22.03.2024 10

Jamie Nimmo