Category: News Site

Aston Martin cuts investment plan by £300m as Trump tariffs bite

Aston Martin delivered the first of its Valhalla supercars this month. Photograph: Owen Humphreys/PA View image in fullscreen Aston Martin delivered the first of its Valhalla supercars this month. Photograph: Owen Humphreys/PA Aston Martin cuts investment plan by £300m as Trump tariffs bite Carmaker’s third-quarter losses bigger than expected at £112m, with weak demand in… Continue reading Aston Martin cuts investment plan by £300m as Trump tariffs bite

German Manager Magazine: Mercedes: Profits collapse, shareholders rejoice004518

Sharply falling sales in China and burdens from the US import tariff, along with special effects, caused Mercedes-Benz’s profits to collapse in the third quarter. From July to September, the adjusted operating profit shrank by 17 percent to 2.1 billion euros, as the car manufacturer announced on Wednesday. Mercedes cited low sales volume and higher… Continue reading German Manager Magazine: Mercedes: Profits collapse, shareholders rejoice004518

Mercedes profits slump on weak China sales, US tariffs and UK finance provision

John Burn-Murdoch is the Financial Times’ Chief Data Reporter. He led the FT’s data-driven coverage of the pandemic, exploring its impacts on health, the economy and wider society. When pandemics are not happening, he uses data and graphics to tell stories on topics including politics, economics, climate change and sport, and is a visiting lecturer… Continue reading Mercedes profits slump on weak China sales, US tariffs and UK finance provision

Santander scraps UK results amid car finance redress uncertainty

John Burn-Murdoch is the Financial Times’ Chief Data Reporter. He led the FT’s data-driven coverage of the pandemic, exploring its impacts on health, the economy and wider society. When pandemics are not happening, he uses data and graphics to tell stories on topics including politics, economics, climate change and sport, and is a visiting lecturer… Continue reading Santander scraps UK results amid car finance redress uncertainty

Kinetic Green Tonino Lamborghini Launches Luxury Electric Golf Carts in Maldives

Kinetic Green Tonino Lamborghini has appointed Electrify Maldives as the exclusive distributor for its electric golf and lifestyle carts in the Maldives, marking a significant expansion of premium electric mobility in the island nation. The announcement was made at TechEng 2025, the Maldives’ premier engineering and technology exhibition, where the luxury electric vehicles were unveiled… Continue reading Kinetic Green Tonino Lamborghini Launches Luxury Electric Golf Carts in Maldives

Toyota Land Cruiser FJ Makes Public Debut at Japan Mobility Show 2025

The Toyota Land Cruiser FJ has been showcased for the first time to the general public at the ongoing Japan Mobility Show 2025. This is the first public appearance of the brand’s new rugged compact SUV after its digital reveal a few days ago. The new Toyota Land Cruiser FJ channels the rugged DNA of… Continue reading Toyota Land Cruiser FJ Makes Public Debut at Japan Mobility Show 2025