Category: carmaker
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Aston Martin’s new chief vows to reverse fortunes as luxury carmaker targets 2025 profit
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Aston Martin Lagunda pledged to transfer a profit by 2025 – at least before paying interest on her enlarged debt – with Adrian Halmark, her new CEO, and promised a new era of operational discipline and financial accountability after a period of losses and leadership. Halmark, 62, who joined the…
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Chinese carmaker GAC looks at making EVs in Europe as tariffs loom By Reuters
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Written by Gilles Guillaume PARIS (Reuters) – Chinese state-owned carmaker GAC is exploring manufacturing electric cars in Europe to avoid EU tariffs, its general manager told Reuters on Sunday, joining a growing list of Chinese companies planning local production. The company is among China’s largest automakers and targets sales of…