Strong product portfolio, shift in personalisation revenues, value over volume strategy and realisation of recent restructuring successes driving high performance. Bentley Motors today revealed record financial results for 2022, with operating profits up nearly €1 billion compared to 2018. The latest annual figures show a profit of €708 million, representing an 82 per cent growth… Continue reading @VW Group: BEST EVER FINANCIAL RESULTS IN 2022 – 82 PER CENT GROWTH IN PROFIT FROM A FOUR PER CENT VOLUME INCREASE006837
Tag: Brexit
Hiring staff ‘much more complicated’ post-Brexit, says Bentley
Customers chose higher-specification cars (including limited editions) more often, selecting more optional extras and taking greater advantage of the Mulliner personalisation programme. Lafrentz commented: “We’re in the market where we offer interesting options, interesting specifications, interesting versions of personalisation to our customers. They’re happy to step in; they’re happy to go that route. “So the clear driver… Continue reading Hiring staff ‘much more complicated’ post-Brexit, says Bentley
China’s BYD blames Brexit as it rules out UK for first electric car plant in Europe
BYD sells its Atto 3 SUV in the UK, but it will be manufacturing it elsewhere in Europe. Photograph: Richard Bord/Getty Images BYD sells its Atto 3 SUV in the UK, but it will be manufacturing it elsewhere in Europe. Photograph: Richard Bord/Getty Images China’s BYD blames Brexit as it rules out UK for first… Continue reading China’s BYD blames Brexit as it rules out UK for first electric car plant in Europe
China’s BYD blames Brexit as it rules out UK for Europe car plant
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading China’s BYD blames Brexit as it rules out UK for Europe car plant
SMMT statement on Windsor Framework
27 February 2023 #SMMT News Mike Hawes, SMMT Chief Executive: The new agreement over post Brexit trade between the UK and the EU is a welcome development if it allows for the streamlined flow of goods, including vehicles and automotive components, between Great Britain, Northern Ireland and the EU single market. We must now build… Continue reading SMMT statement on Windsor Framework
Tesla battles with union organizers, Zoox hits the road and Zeekr scores more capital
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point… Continue reading Tesla battles with union organizers, Zoox hits the road and Zeekr scores more capital
EU 2035 ban exemption gives small UK sports car makers lifeline
The UK’s low-volume sports car industry has been given a lifeline as lawmakers confirmed they may continue to sell ICE cars in the European Union after the 2035 ban. “This will for sure open more doors for us,” Neill Briggs, co-founder of BAC, told Autocar, and fellow firms are also buoyed by the news. The new EU rules,… Continue reading EU 2035 ban exemption gives small UK sports car makers lifeline
Chubb Launches Report on Global Supply Chain Risk
LONDON, Feb. 15, 2023 /PRNewswire/ — Businesses should develop a better understanding of the make-up of critical multi-tier supply chains so they can limit the impact of disruption, according to a new report from Chubb in the UK. The Spectre of Disruption is a two-part series focusing on present and emerging supply chain risks. It analyses… Continue reading Chubb Launches Report on Global Supply Chain Risk
Chubb Launches Report on Global Supply Chain Risk
LONDON, Feb. 15, 2023 /PRNewswire/ — Businesses should develop a better understanding of the make-up of critical multi-tier supply chains so they can limit the impact of disruption, according to a new report from Chubb in the UK. The Spectre of Disruption is a two-part series focusing on present and emerging supply chain risks. It analyses… Continue reading Chubb Launches Report on Global Supply Chain Risk
Chubb Launches Report on Global Supply Chain Risk
LONDON, Feb. 15, 2023 /PRNewswire/ — Businesses should develop a better understanding of the make-up of critical multi-tier supply chains so they can limit the impact of disruption, according to a new report from Chubb in the UK. The Spectre of Disruption is a two-part series focusing on present and emerging supply chain risks. It analyses… Continue reading Chubb Launches Report on Global Supply Chain Risk